Hindustan Oil Exploration CFO Change Effective October 2026

Summary of Key Information:

Nature of Filing / Announcement: Outcome of Board Meeting - Management Change Disclosure under Regulation 30 of SEBI Listing Regulations

Management Changes:

Resignation:

• Mr. Allen Joseph Andrade resigned from the position of Chief Financial Officer
• Effective date: Close of business hours on October 15, 2026
• Reason: Personal reasons
• Andrade will continue to support HOEC as Financial Advisor to the Company, operating remotely from Mumbai with visits to Chennai office as needed

Appointment:

• Mr. Debabrata Das appointed as Chief Financial Officer
• Effective date: October 16, 2026
• Based in Corporate Office in Chennai
• Appointment based on recommendations of Nomination and Remuneration Committee & Audit Committee

Professional Background of New CFO:

• Chartered Accountant with over 20 years of experience
• Previously served as Group CFO at Haryana City Gas
• Head of Corporate Finance at Adani Total Gas (Joint Venture between Adani Group and TotalEnergies)
• Lead – Project Finance at GMR Energy
• Expertise in fund-raising, capital structuring, governance and finance frameworks