HINDPETROHindustan Petroleum Corporation Limited•17 August 2026

Hindustan Petroleum Corporation Limited (HINDPETRO) – Management Change Announcement

Introduction

On 17 August 2026, Hindustan Petroleum Corporation Limited (HINDPETRO) filed a notice with the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) informing investors of a change in its senior management team.

Key Details of the Announcement

Departing Executive: Shri Amul Babulal Taori, Executive Director (In‑Charge) – International Trade.
Effective Date of Relief: Close of business on 17 August 2026.
Reason for Departure: To assume the role of Director (Finance) at Power Grid Corporation of India Limited.
Regulatory Basis: The disclosure complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Government Order: The appointment is in line with Government of India, Ministry of Power Order No. 25‑11/3/2025‑PG dated 12 August 2026.
Impact on Senior Management: Shri Amul Babulal Taori also ceased to be a Senior Management Personnel of Hindustan Petroleum Corporation Limited as of the same date.

Implications for Investors

The change is administrative and does not indicate any alteration to the company’s operational strategy, financial performance, or ongoing projects.
No further action or disclosure is required from shareholders at this time.

Prepared based on the official management change notice dated 17 August 2026.

Stock Impact Forecast

PreviewMedium Confidence

◆Neutral

The resignation of the Executive Director for International Trade is seen as a routine administrative change with little impact on Hindustan Petroleum’s operations, so the stock is expected to stay largely unchanged with a slight possible uptick. Confidence in this view is moderate.

Forecast from comparable, historic events. Not investment advice.

Original Source Document

View the original exchange filing or announcement.

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Key Details of the Announcement

Departing Executive: Shri Amul Babulal Taori, Executive Director (In‑Charge) – International Trade.

Effective Date of Relief: Close of business on 17 August 2026.

Reason for Departure: To assume the role of Director (Finance) at Power Grid Corporation of India Limited.

Regulatory Basis: The disclosure complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Government Order: The appointment is in line with Government of India, Ministry of Power Order No. 25‑11/3/2025‑PG dated 12 August 2026.

Impact on Senior Management: Shri Amul Babulal Taori also ceased to be a Senior Management Personnel of Hindustan Petroleum Corporation Limited as of the same date.

Implications for Investors

The change is administrative and does not indicate any alteration to the company’s operational strategy, financial performance, or ongoing projects.

No further action or disclosure is required from shareholders at this time.

Prepared based on the official management change notice dated 17 August 2026.