Others

Change in Directorate

| Updated on November 18, 2011 Published on November 18, 2011

Oil & Natural Gas Corporation Ltd has informed BSE that the tenure of Shri S. Balachandran, Shri S. S. Rajsekar & Shri Santosh Nautiyal as Independent Directors of the Company has ceased with effect from November 10, 2011 after expiry of the term of three years from the date of their joining of ONGC Board i.e. effective from November 11, 2008. In this connection, the Company inform that Ministry of Petroleum & Natural Gas, Govt. of India vide letter dated November 04, 2008 had appointed them as non-official part time Directors of the Company for a period of 3 years from the date of joining of Board of ONGC.

The proposal for appointment of Independent Directors, to fill up the aforesaid vacancy is under process with the Ministry of Petroleum & Natural Gas, Govt. of India.

Source : BSE - www.bseindia.com

Published on November 18, 2011
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