Hindustan Petroleum Corporation Limited announced significant changes effective June 1, 2026. Shri Rajneesh Narang superannuated as Director-Finance and CFO. Shri K S Shetty has taken additional charge of Director-Finance for three months. Concurrently, Shri K Vinod, Executive Director – Corporate Finance, has been appointed as the new CFO, bringing over three decades of extensive financial experience to the role.
Directorate Changes at HPCL
Effective June 1, 2026, Hindustan Petroleum Corporation Limited (HPCL) has announced changes within its directorate. Shri Rajneesh Narang, who held the positions of Director-Finance and Chief Financial Officer (CFO), has superannuated from his services. Consequently, he has ceased to be a Director and CFO of the company.
Interim and New Leadership Appointments
In light of Shri Narang’s superannuation, Shri K S Shetty, who currently serves as Director – Human Resources, has been entrusted with the additional charge of the post of Director-Finance. This interim arrangement is for a period of three months, commencing from June 1, 2026, or until a regular incumbent is appointed, whichever occurs earliest. Shri K S Shetty has officially assumed this additional responsibility.
New Chief Financial Officer Appointed
Further to the above changes, HPCL has appointed Shri K Vinod as the new Chief Financial Officer (CFO) of the Corporation, effective from June 1, 2026. Shri K Vinod, an Executive Director – Corporate Finance, brings a wealth of experience, having held senior positions in various financial domains within the company. His expertise spans refinery finance, corporate strategy, international trade, risk management, and treasury, among other areas. Shri K Vinod has previously served as CFO of the Company from September 11, 2024, to March 26, 2025.
Key Managerial Personnel Authorized for Disclosure
Following these changes, the following Key Managerial Personnel are authorized for determining the materiality of events and information, and for making disclosures to the Stock Exchanges, in accordance with the Company’s policy, effective from June 1, 2026:
- Shri K S Shetty, Director – Human Resources & Additional Charge of Director – Finance, can be reached at Petroleum House, 17 Jamshedji Tata Road, Churchgate, Mumbai- 400020, via email at [email protected], or by phone at 022-22863900.
- Shri Rakesh Kumar Singh, Company Secretary & Compliance Officer, is also authorized.
Source: BSE
