Hindustan Petroleum Corporation Limited has announced that Shri Vivekananda Biswal, an Independent Director, has stepped down from the company’s board. His departure follows the successful completion of his tenure, effective May 05, 2026. The board transition marks a change in the company’s governance structure following his final day in office on May 04, 2026.
Board Transition Details
Hindustan Petroleum Corporation Limited (HPCL) has officially confirmed that Shri Vivekananda Biswal (DIN: 00977767) has ceased to be an Independent Director of the company. This change in the board’s composition was finalized following the conclusion of his designated term.
Timeline of Change
The transition process was marked by the following key dates:
- May 04, 2026: Final day of tenure for Shri Vivekananda Biswal.
- May 05, 2026: Effective date of cessation from the position of Independent Director.
The company maintains its commitment to adhering to all necessary corporate governance standards during this leadership transition period.
Source: BSE