HPCL appoints Vikas Kaushal as CMD

Hindustan Petroleum Corporation Limited (HPCL) announced the appointment of Vikas Kaushal as Chairman and Managing Director (CMD), marking a historic moment as the first private-sector leader to head a public sector oil company. The appointment, approved by the Appointments Committee of the Cabinet (ACC), follows communication from the Ministry of Petroleum & Natural Gas ("MoP&NG"). HPCL is undertaking necessary steps for Kaushal's appointment to the Board. Further disclosures will be made upon the completion of formalities. The announcement, referenced as Co.Secy/VM/065/2025 and dated March 13, 2025, was addressed to the Listing Compliance Department of the BSE Limited, where HPCL is listed under the scrip code 500104.