Nature of Disclosure: Regulatory filing under SEBI Listing Obligations and Disclosure Requirements Regulations, 2015 (Regulation 30 read with Schedule III Part A) regarding a change in the company's board composition.
Key Appointment: Smt. Srividya Venkataraman (DIN: 09548415) has been appointed to the Board of Hindustan Petroleum Corporation Limited as Director - Finance. The appointment was made by the Ministry of Petroleum & Natural Gas vide letter Ref. CA-31017/3/2024-CA-PNG (49713) dated June 22, 2026.
Effective Date: She assumed charge as Director - Finance effective June 24, 2026 (the date of the disclosure).
Term of Appointment: The term is for a period of five years from the date of assumption of charge, or till the date of her superannuation, or until further orders, whichever occurs earliest.
Concluding Arrangement: Consequently, the additional charge of Director - Finance that was entrusted to Shri K S Shetty, Director - Human Resources, has concluded with this appointment.
Background Check: The disclosure confirms that Smt. Venkataraman is not related to any other directors of the company and is not debarred from holding the position of director by SEBI or any other authority.
Professional Profile: Smt. Srividya Venkataraman is a Chartered Accountant and Cost & Works Accountant with over three decades of experience in the Indian energy sector. Her expertise spans treasury management, taxation, risk management, investor relations, capital markets, and business finance.
Previous Role: Prior to joining HPCL, 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. In this role, she managed the corporation's capital structure, investment strategy, and risk management framework.
Notable Achievements: At BPCL, she successfully mobilized project finance exceeding ₹30,000 crore for strategic growth initiatives and led several landmark financial initiatives including BPCL's maiden international bond issuance, large-scale external commercial borrowings, and implementation of digital finance solutions.
Previous Leadership Roles: She has held key leadership assignments in BPCL across Treasury, Retail, and LPG businesses. During her tenure in the LPG business, she contributed to the implementation of government initiatives including Direct Benefit Transfer (DBT) scheme and Pradhan Mantri Ujjwala Yojana (PMUY).
Board Experience: She has served on the Boards of Kannur International Airport Limited, BPCL KIAL Fuel Farm Facilities Pvt. Limited, and FFPL Finserv Private Limited.
Financial Impact: No specific financial impact quantified in the disclosure.
Regulatory Reference: SEBI (LODR) Regulations, 2015 - Regulation 30 read with Schedule III Part A.