Chennai Petroleum Corporation Limited has announced a change in its Directorate of Operations. Mr. P. Kannan, Director (Operations), has superannuated from the company’s services effective October 31, 2026. Following his cessation, Mr. S. G. Venkatesh, Director (Technical), has assumed additional charge as Director (Operations) starting November 1, 2026. This change is disclosed as per SEBI (LODR) Regulations, 2015.
Directorate Change at CPCL
Chennai Petroleum Corporation Limited (CPCL) has officially informed about a significant change within its directorial board. Mr. P. Kannan, who held the position of Director (Operations), has retired from the company’s services. His tenure as a Director concluded on October 31, 2026, upon the closure of business hours, due to his superannuation.
Succession and Additional Charge
In light of Mr. Kannan’s departure, the company has appointed Mr. S. G. Venkatesh, the current Director (Technical), to take over the additional responsibilities as Director (Operations). This transition is effective from November 1, 2026. The details regarding Mr. P. Kannan’s cessation are provided in Annexure I, as per the disclosure requirements.
Regulatory Disclosure
This announcement is made pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided the necessary details concerning the change in its directorate to ensure compliance and transparency for its stakeholders.
Annexure I Details
The accompanying Annexure I details Mr. P. Kannan’s cessation as Director (Operations) on October 31, 2026, owing to his super-annuation. Information regarding any brief profile for appointment or disclosure of relationships between directors was noted as ‘Not Applicable’ in this context.
Source: BSE
