Chennai Petroleum Corporation Limited (CPCL) announces a key leadership change. Shri P. Shankar will superannuate on June 30, 2026. The Board has approved the appointment of Shri Lalit Kumar Mohanty as the new Company Secretary & Compliance Officer, effective July 01, 2026. Shri Mohanty brings over 25 years of extensive experience in secretarial and legal functions across various industries.
Leadership Transition in Key Roles at CPCL
Chennai Petroleum Corporation Limited (CPCL) has announced a significant transition in its corporate governance structure. Shri P. Shankar, the current Company Secretary & Compliance Officer, is set to retire from his services with the company. His tenure will conclude on June 30, 2026, at the close of business hours, following his superannuation.
Appointment of New Company Secretary
In preparation for Shri Shankar’s departure, the Board of Directors of CPCL, during their meeting on June 26, 2026, unanimously approved the appointment of Shri Lalit Kumar Mohanty. Shri Mohanty will assume the responsibilities of Company Secretary & Compliance Officer, with his appointment taking effect from July 01, 2026. His membership number as a Company Secretary is F6655.
Shri Lalit Kumar Mohanty’s Profile
Shri Lalit Kumar Mohanty is a distinguished professional with a strong background in corporate secretarial and legal matters. He holds a Science degree and is a qualified Company Secretary from the Institute of Company Secretaries of India. Furthermore, he possesses a Master’s degree in Law. Shri Mohanty has been an integral part of CPCL since 2020, serving as the Deputy Company Secretary. His extensive career, spanning over 25 years, encompasses a wealth of experience in secretarial, legal, and taxation functions across diverse sectors, including telecom, refractories, steel, and oil industries. Prior to joining CPCL, he held the position of Company Secretary at Neelachal Ispat Nigam Limited, a prominent Central Public Sector Undertaking. His professional journey also includes valuable associations with esteemed organizations such as Tata Refractories Limited, RPG Group of Companies, and Ortel Communications Limited.
Board Meeting Details
The meeting of the Board of Directors where these key decisions were made commenced at 10:00 AM and concluded at 11:40 AM on June 26, 2026.
Source: BSE
