Oil India Announces Change of Government Nominee Director on Board

Assam, March 9, 2026: Oil India Limited has announced a change in its board of directors following approval from the Ministry of Petroleum & Natural Gas (MoP&NG).

The ministry, via letter no. CA-310221112021-CA-PNG(37493) dated March 9, 2026, has approved the nomination of Shri Bhupinder Kumar, Director, MoP&NG, as the Government Nominee Director on the board of Oil India Limited, replacing Shri Rohit Mathur, Joint Secretary, MoP&NG.

Board Update

Effective immediately, Rohit Mathur [DIN: 08216731] has ceased to be a director of the company. The board will induct Bhupinder Kumar as the Government Nominee Director in accordance with the provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Necessary disclosures will be made post-induction.

The announcement was made through official communication signed by A.K. Sahoo, Company Secretary & Compliance Officer of Oil India Limited.

About Oil India Limited

Oil India Limited is a Maharatna Central Public Sector Enterprise (CPSE) under the Government of India, headquartered in Duliajan, Assam. The company’s shares are listed on the National Stock Exchange (NSE: OIL) and BSE (Code: 533106).

The change reflects the government’s continuing oversight and strategic representation on the board of the company.