Oil India Limited has announced the retirement of Shri Jyotirmoy Bhattacharya, Executive Director (Finance). Mr. Bhattacharya, who held a senior management position, one level below the Board of Directors, will superannuate from his services on August 31, 2026. This change in senior leadership is being communicated in accordance with SEBI’s LODR Regulations.
Senior Management Transition at Oil India
Oil India Limited has officially notified a change in its senior management team. Shri Jyotirmoy Bhattacharya, who held the esteemed position of Executive Director (Finance), will be retiring from his services with the company. This transition is scheduled to take effect after the close of working hours on August 31, 2026.
Impact of the Change
Mr. Bhattacharya’s role as Executive Director (Finance) placed him at a critical senior management level, just below the Board of Directors. His superannuation signifies a notable change in the financial leadership of the company. This announcement is made in compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, ensuring transparency in corporate governance.
The company has formally communicated this information to the National Stock Exchange of India Limited and the BSE Limited, as is customary for such significant corporate events.
Source: BSE