Change in Director / Key Managerial Personnel

Nature of change: Appointment of Chief Financial Officer

Name and DIN of the individual: Smt. Srividya Venkataraman, Director – Finance of the Company (DIN not provided in disclosure)

Effective date and tenure: Effective July 07, 2026. Tenure not specifically disclosed.

Brief profile and relevant qualifications: Smt. Srividya Venkataraman is a distinguished finance professional with over three decades of experience in the Indian energy sector. She is a Chartered Accountant and Cost & Works Accountant with extensive expertise across treasury management, taxation, risk management, investor relations, capital markets, and business finance. Prior to joining HPCL as Director - Finance, she served as Executive Director - Corporate Treasury at Bharat Petroleum Corporation Limited (BPCL), where she was responsible for Treasury, Insurance, Investor Relations, Pension Fund Investments, Pricing and Taxation. She played a pivotal role in managing BPCL's capital structure, investment strategy, risk management framework, and stakeholder engagement initiatives. Under her leadership, BPCL successfully mobilized project finance exceeding ₹30,000 crore for strategic growth initiatives. She has held several key leadership assignments in BPCL across Treasury, Retail, and LPG businesses, contributing significantly to business growth, network expansion, digital transformation, cost optimization, and governance enhancement. She was instrumental in the successful implementation of government initiatives including Direct Benefit Transfer (DBT) scheme and Pradhan Mantri Ujjwala Yojana (PMUY). She has served on the Boards of Kannur International Airport Limited, BPCL KIAL Fuel Farm Facilities Pvt. Limited, and FFPL Finserv Private Limited.

Confirmation of eligibility: The disclosure states the appointment was made by the Board at its meeting held on July 07, 2026, implying compliance with relevant norms, though specific SEBI/BSE/NSE norm eligibility confirmation is not explicitly mentioned.

Relationship with other directors: Smt. Srividya Venkataraman is not related to any of the Directors of the Company.

Previous KMP: She has been appointed as CFO in place of Shri. K Vinod, Executive Director - Corporate Finance & Additional Charge of Treasury. The nature of Shri. Vinod's transition (resignation, retirement, etc.) is not specified.

Key Financial or Operational Approvals

No specific financial or operational approvals beyond the CFO appointment were disclosed in this filing.

Strategic or Business Context

No specific business outlook, risks, trends, or strategic initiatives were discussed in this appointment disclosure.

Any Other Material Information

Updated List of Key Managerial Personnel for Materiality Determinations:

  • Smt. Srividya Venkataraman, Director – Finance & CFO - Petroleum House, 17 Jamshedji Tata Road, Churchgate, Mumbai-400020
  • Shri Rakesh Kumar Singh, Company Secretary & Compliance Officer - Email: hpclinvestors@hpcl.co.in; Tel: 022-22863900

Board Meeting Details: The Meeting of the Board of Directors commenced at 10:30 am and concluded at 11:10 am on July 07, 2026.

Regulatory Compliance: The disclosure is made in terms of Regulation 30 read with Schedule III Part A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.