MRPL has appointed Shri Satyan Kumar as Director on the company's board, effective July 2, 2026. The appointment is made in Kumar's capacity as an ONGC nominee director.
The company confirmed that the newly appointed Director is not debarred from holding office by virtue of any SEBI order or any other authority. Additionally, the Director is not related to any existing Directors of the company and is eligible for appointment as Director in terms of provisions of Section 164 of the Companies Act, 2013.
According to the annexure provided, Satyan Kumar serves as Director (Strategy & Corporate Affairs) at ONGC, where he provides strategic leadership for ONGC's corporate strategy, business development, joint-venture operations, stakeholder engagement, and emerging energy initiatives.
Kumar brings over 36 years of experience across the oil and gas value chain, with expertise spanning upstream operations, engineering, project management, marketing, business development, petrochemicals, corporate strategy, and renewable energy. He has played a key role in shaping ONGC's long-term strategic roadmap, including diversification into petrochemicals, LNG, and green energy initiatives.
His leadership experience includes serving as Executive Director - Chief Corporate Strategy, senior roles in Engineering Services, and project leadership for critical infrastructure and business development initiatives such as captive power plants, the Hazira-Dahej naphtha pipeline, and ONGC's first 15 MW utility-scale solar project.
Kumar is an Electrical Engineering graduate from Dayalbagh Educational Institution, Agra, holds a Post Graduate Diploma in Management from MDI Gurgaon, and has undergone advanced leadership training at ESCP-EAP, France.
The company requested the National Stock Exchange of India Limited to take the above information on record.