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Oil India Limited Says Three Independent Directors End Tenure

Oil India Limited Says Three Independent Directors End Tenure

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Three independent directors of Oil India Limited will finish their terms on 28 March 2026, a routine board rotation with no immediate impact on operations.

  • The departing directors are Shri Balram Nandwani (DIN 00356119), Shri Raju Revanakar (DIN 09398201) and Ms. Pooja Suri (DIN 03077515); Ms. Suri also vacates her seat on the board of Numaligarh Refinery Limited, a material subsidiary.
  • The change complies with Regulation 30 of the SEBI (LODR) Regulations, 2015 and is confirmed by a Ministry of Petroleum & Natural Gas letter (CA‑31033/2/2021‑PNG).
  • Analysts rate the news as neutral, assigning an outlook score of 5/10.
  • The board rotation is purely procedural and does not affect ongoing projects, financial outlook, or the company’s strategic direction.
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