Governance Indian Oil Corporation Limited

IOC

INE242A01010

Oil & Gas Refining and Marketing

Market Closed - NSE India S.E. Other stock markets 12:05:08 08/06/2026 BST			5-day change	1st Jan Change
135.60 ^INR	-1.92%		-2.31%	-18.54%

06-08	Chinese refiners delay projects with Middle East oil supply disrupted	RE
06-08	India Defends INR29 Increase in LPG Prices	MT

Executive Committee: Indian Oil Corporation Limited

Manager

Positions heldSince

Madhavi B. Patra

57 year

Comptroller/Controller/Auditor

10/01/2026

Nitin Kumar

53 year

Treasurer

10/01/2026

Saumitra P. Srivastava

Sales & Marketing

02/10/2025

Manish Malik

Chief Tech/Sci/R&D Officer

31/01/2025

Kamal Kumar Gwalani

Investor Relations Contact	-
Corporate Secretary	31/08/2017

Subhajit Sarkar

Chief Operating Officer

31/01/2022

Rashmi Govil

55 year

Human Resources Officer

14/03/2024

Anuj Jain

55 year

Director of Finance/CFO

Composition of the Board of Directors: Indian Oil Corporation Limited

Director

CommitteesSince

Arvinder Singh Sahney

56 year

Chairman

12/11/2024

Sujata Sharma

61 year

Audit Committee	05/02/2025
Compensation Committee	05/02/2025
Nominating Committee	05/02/2025

Anuj Jain

55 year

Audit Committee

Suman Kumar

57 year

Director/Board Member

25/02/2025

Latest Appointments: Indian Oil Corporation Limited

05-15	Global markets live: Microsoft, Alphabet, Boeing, Visa, LVMH…
04-20	Indian Oil Corporation Limited Announces Cessation of Esha Srivastava as Director, Effective 20 April 2026	CI
03-28	Indian Oil Corporation Limited Announces Cessation of Independent Directors Effective March 28, 2026	CI
08/10/25	Indian Oil Corporation Limited Announces Cessation of N M Bhalerao, Executive Director as Senior Management Personnel, Effective 06 October 2025	CI
03/10/25	Indian Oil Corporation Limited Appoints Shri Saumitra Priya Srivastava as Director, with Effect from 3 October 2025	CI
26/09/25	Indian Oil Corporation Limited Elevates John Prasad Kandamparambil as Executive Director, Marketing Head Office	CI
01/08/25	Indian Oil Corporation Limited Announces Superannuation of Senior Management Personnel, Effective 31 July 2025	CI

More news

Former Officers and Directors: Indian Oil Corporation Limited

Insider

Positions held

SinceUntil

Vasudev Sitaram Okhde

Director/Board Member	31/01/2012	30/01/2015
Corporate Officer/Principal	31/01/2012	30/01/2015

Makarand Nene

Director/Board Member	04/10/2011	30/12/2014
Sales & Marketing	04/10/2011	30/12/2014

Praveen Kumar Goyal

Director/Board Member	26/05/2011	30/08/2014
Director of Finance/CFO	03/05/2011	30/08/2014

Ravinder Kumar Malhotra

Director/Board Member	08/08/2010	30/05/2014
Chairman	30/05/2014	29/06/2014
Chief Tech/Sci/R&D Officer	08/08/2010	29/06/2014

Ranbir Singh Butola

Chairman	26/05/2011	30/05/2014
Human Resources Officer	28/09/2010	30/05/2014

Sudhir Bhargava

Director/Board Member

26/05/2011

08/05/2013

Michael John Bastian

Director/Board Member	31/05/2008	12/02/2013
Independent Dir/Board Member	26/05/2011	12/02/2013

Nirmal Kumar Poddar

Director/Board Member	31/05/2008	12/02/2013
Independent Dir/Board Member	26/05/2011	12/02/2013

Indu Ranjit Shahani

Director/Board Member	31/05/2008	13/02/2013
Independent Dir/Board Member	26/05/2011	13/02/2013

Gautam Barua

Director/Board Member	31/05/2008	12/02/2013
Independent Dir/Board Member	26/05/2011	12/02/2013

Anees Yusuf Noorani

Director/Board Member	31/05/2008	13/09/2012
Independent Dir/Board Member	31/05/2008	13/09/2012

Indiraben Jitendra Parikh

Director/Board Member	31/07/2007	28/03/2012
Independent Dir/Board Member	26/05/2011	28/03/2012

Shyam Saran

Director/Board Member	28/03/2012	-
Independent Dir/Board Member	28/03/2012	-

Pradeep Kumar Sinha

Director/Board Member

04/11/2009

28/02/2012

Gyan Chand Daga

Director/Board Member	04/11/2009	29/09/2011
Sales & Marketing	23/09/1975	29/09/2011

Vijay Kumar Gupta

General Counsel	29/09/2011	16/08/2012
Corporate Officer/Principal	16/08/2012	-

Basavaraj Ningappa Bankapur

Director/Board Member	04/11/2009	30/08/2011
Corporate Officer/Principal	25/05/2011	30/08/2011

Serangulam Varadarajan Narasimhan

Director/Board Member	20/02/1975	29/04/2011
Director of Finance/CFO	20/02/1975	29/04/2011

Akhauri Manoj Kumar Sinha

Director/Board Member	25/05/2011	29/06/2014
Chairman	29/06/2014	16/07/2014
Corporate Officer/Principal	16/03/2011	-

Brij Mohan Bansal

Director/Board Member	04/11/2009	30/01/2011
Chairman	30/01/2011	-

Sarthak N. Behuria

Chairman

28/02/2005

28/09/2010

Anand Kumar

Chief Tech/Sci/R&D Officer	04/08/2010	04/08/2010
Corporate Officer/Principal	-	-

Vishan Chandra Agrawal

Director/Board Member	04/11/2009	30/07/2010
Human Resources Officer	04/11/2009	30/07/2010

Sthanunathan S. Sundareshan

Director/Board Member

27/05/2007

31/01/2010

Pranab Kumar Chakraborti

Corporate Officer/Principal

31/07/2007

30/08/2009

V. K. Agarwal

Director/Board Member

31/05/2008

Priya Mohan Sinha

Director/Board Member

31/05/2008

V. Ranganathan

Director/Board Member

31/05/2008

Samir Kumar Barua

Director/Board Member

31/05/2008

Arvind Murlidhar Uplenchwar

Corporate Officer/Principal

30/07/2007

Raju Ranganathan

Compliance Officer	11/12/2005	-
General Counsel	11/12/2005	-
Corporate Secretary	04/11/2009	-

Naresh Kumar Nayyar

Corporate Officer/Principal

31/10/2005

Madras Seshamani Ramachandran

Director/Board Member	31/12/1999	31/12/2001
Chairman	31/12/2001	31/01/2005
Corporate Officer/Principal	31/12/1999	31/12/2001

Mohammad Pathan

Chairman

31/01/1997

28/02/2002

Suresh Chand Mathur

Director/Board Member	31/12/1993	-
Director of Finance/CFO	31/12/1993	31/12/1997

Kuthoore Natarajan Venkatasubramanian

Chief Executive Officer	28/02/1991	31/12/1995
Chairman	28/02/1991	-

Debasis Sen

Director/Board Member	14/09/2014	-
Corporate Officer/Principal	26/05/2011	-

Shashi Bhushan Budhiraja

President

31/12/1973

S. K. Sarangi

Corporate Officer/Principal

26/05/2011

A. K. Marchanda

Corporate Officer/Principal

26/05/2011

S. Ramasamy

Chief Tech/Sci/R&D Officer

26/05/2011

Ravinder Sareen

Sales & Marketing

26/05/2011

N. K. Khosla

Corporate Officer/Principal

26/05/2011

Satwant Singh

Corporate Officer/Principal	16/08/2012	-
Sales & Marketing	26/05/2011	16/08/2012

D. Lilly

Corporate Officer/Principal

26/05/2011

A. S. Ujwal

Corporate Officer/Principal

26/05/2011

Mrinal Roy

Sales & Marketing

26/05/2011

Sidhartha Mukherjee

Human Resources Officer	-	-
Public Communications Contact	03/07/2011	-

Kamala Kant Sinha

Director/Board Member

Sunil Kumar Singh

Corporate Officer/Principal

24/10/2011

S. Jagan Mohan Rao

Corporate Officer/Principal

D. K. Samantaray

Corporate Officer/Principal

26/05/2011

Satish Kumar

Human Resources Officer

26/05/2011

M. Manoharan

Corporate Officer/Principal

Sudershan Kumar Garg

Director of Finance/CFO

Krishnamurthy Govindarajan

Corporate Officer/Principal

Chinmoy Chattopadhyay

Corporate Officer/Principal

Sabu P. Joseph

Corporate Officer/Principal

K. Sankar

Corporate Officer/Principal

D. Arthur Manohar

Corporate Officer/Principal

R. Krishnamurthy

Corporate Officer/Principal

Thomas Antony

Human Resources Officer	26/05/2011	-
Corporate Officer/Principal	26/05/2011	26/05/2011

K. P. Vishweswara

Sales & Marketing

Kalyan Kumar Acharya

Corporate Officer/Principal

Naresh Khairati Ram Narad

Director/Board Member

V. P. Sharma

Comptroller/Controller/Auditor

26/05/2011

V. K. Sood

Corporate Officer/Principal

26/05/2011

Raghunathachary Narayanan

General Counsel

31/05/2011

Kovilakathu Balachandran

Chief Tech/Sci/R&D Officer

Age distribution of managers

Parity Men Women

Male	22
Female	2

Of which Executive Committee

Male	6
Female	2

Of which Directors

Male	4
Female	0

Revisions

Recommandations analystes

Évolution recommandations analystes 1 an

Évolution recommandations analystes 4 mois

Objectif analystes

Évolution objectif analystes 1 an

Évolution objectif analystes 4 mois

ESG MSCI

Environnement

Social

Gouvernance

Polémique

Controverses Ethiques

Controverses sur les droits de l'Homme

Controverses Subventions fiscales

Conforme à la finance Islamique

Indian Oil Corporation Limited is one of India's leading oil companies. Net sales break down by activity as follows: - refining and distribution of petroleum products (94.6%): 69.4 Mt of petroleum refined in 2019/20. At the end of March 2020, the group operated 11 refineries and a network of 28,059 service stations in India. Also, the group is active in the transportation of crude oil, natural gas and petroleum products (operating a network of 14,670 km oil and gas pipeline); - sales of petrochemicals (2.7%): benzene, propylene, butadiene, polymers, glycols, paraxylene, purified terephthalic acid, linear alkylbenzenes, etc. (2.1 Mt sold in 2019/20); - other (2.7%): sale of natural gas, alternative energy production, exploration and production of oil and gas. India accounts for 94.6% of net sales.

Employees

29,941

Sector

Oil & Gas Refining and Marketing

More about the company