Oil & Natural Gas Corporation (ONGC) has announced changes in its senior management, effective from 1 May 2026. The company disclosed that two executive directors, Rajan Asthana and Shibu Augustine Manuel, have retired due to superannuation.
Rajan Asthana and Shibu Augustine Manuel both held the position of Executive Director at ONGC. Their retirement marks a significant transition in the company’s leadership, as they were key figures operating one level below the board. The changes are in accordance with Regulation 30, read with Schedule III of the SEBI (LODR) Regulations, 2015.
The superannuation of these senior executives is part of the routine organisational changes within ONGC, aimed at ensuring a seamless transition and continued leadership in its operations. The company has not yet announced their successors.
These changes come as ONGC continues to focus on its strategic objectives and operational efficiency in the energy sector. The company is expected to announce further details regarding the new appointments in due course.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).