Change in Director / Key Managerial Personnel

  • Nature of change: Appointment of Director (Strategy & Corporate Affairs)
  • Appointee details: Shri Satyan Kumar (DIN: 10181958)
  • Effective date and tenure: Appointment effective from 27.05.2026 until the date of his superannuation (30.11.2028) or until further orders, whichever is earlier
  • Qualifications and experience: Electrical Engineering graduate from Dayalbagh Educational Institution, Agra; Post Graduate Diploma in Management from MDI Gurgaon; advanced leadership training at ESCP-EAP, France; 36 years of experience across oil and gas value chain including upstream operations, midstream, petrochemicals, corporate strategy, and renewable energy; part of GOI's flagship program 'DAKSH' (Development of Aspiration, Knowledge, Succession & Harmony)
  • Current directorships: Non-executive Chairman of ONGC Tripura Power Company (OTPC); Director on Boards of ONGC NTPC Green Private Limited (ONGPL), OGL One Ltd., and Ayana Renewable Power Pvt. Ltd.
  • Previous roles at ONGC: Executive Director – Chief Corporate Strategy; held key leadership positions spanning engineering, project management, operations, marketing, business development and corporate strategy
  • Key achievements: Led delivery of large-scale infrastructure projects including captive power plants at Uran, ONGC Petro additions Limited (OPaL) and Hazira; 103 km Hazira–Dahej naphtha pipeline; development of ONGC's first 15 MW utility-scale solar project; driving solar and wind initiatives in Gujarat and Rajasthan
  • SEBI compliance: Not debarred from holding office by virtue of any SEBI Order or any other authority
  • Director relationships: No relationships between directors disclosed

Strategic or Business Context

  • Shri Kumar will provide strategic leadership and oversight for ONGC's expansion into renewable and sustainable energy
  • He will lead investments and business development initiatives across solar, wind, biofuels (CBG) and other emerging green energy domains
  • The appointment supports ONGC's broader vision of energy transition and long-term growth, addressing the energy trilemma of security, affordability, and sustainability
  • He played a pivotal role in shaping ONGC's long-term strategic roadmap including diversification into petrochemicals, LNG, and green energy
  • He drove innovation through venture investments in startups and has been instrumental in cost optimization while enhancing operational efficiency, safety, and profitability

Any Other Material Information

  • Approval authority: Appointment approved by Ministry of Petroleum and Natural Gas, Government of India via letter No. CA-31011/4/2024-CA-PNG-(51580) dated 27.05.2026
  • Regulatory compliance: Disclosure made under Regulation 30 of SEBI (LODR) Regulations, 2015
  • Filing details: Submitted to National Stock Exchange of India Ltd. (Symbol: ONGC; Series: EQ) and BSE Limited (Security Code No.: 500312; NCD: 959881)