Oil India Limited has announced the appointment of Shri Motilal Meena as a Non-Official (Independent) Director to the Board of its material subsidiary, Numaligarh Refinery Limited. This appointment, approved by the Competent Authority, aligns with the company’s commitment to robust corporate governance and follows the directives from the Ministry of Petroleum & Natural Gas.
Corporate Governance Update
Oil India Limited (OIL) has officially communicated a significant development regarding its corporate governance structure. The company has informed stakeholders about the appointment of Shri Motilal Meena as a Non-Official (Independent) Director to the Board of its material subsidiary, Numaligarh Refinery Limited.
Appointment Details
The decision for Shri Motilal Meena’s appointment was conveyed by the Ministry of Petroleum & Natural Gas (MoP&NG) via a letter dated 09.11.2026. The tenure of Shri Meena as an Independent Director on the Numaligarh Refinery Limited board will be effective until his term as an Independent Director on the parent company’s board concludes, or until further orders are issued, whichever comes earlier.
Subsidiary Governance
This appointment underscores OIL’s dedication to maintaining strong oversight and strategic direction across its key subsidiaries. Shri Motilal Meena brings valuable experience, contributing to the governance framework of Numaligarh Refinery Limited and supporting its operational and strategic objectives.
Source: BSE
