Oil India Limited — Others, 18-12-2024: Appointment

The Board of Directors of Oil India Limited has approved the appointment of Shri Abhijit Majumder, currently Director (Finance), as Chief Financial Officer, effective from 18.12.2024, succeeding Shri Rupam Barua.

This strategic move underscores the company's intent to strengthen its financial leadership, as Majumder brings over 32 years of extensive experience in financial management and governance. This change may enhance operational efficiency and investor confidence, providing a positive outlook for the company moving forward. As a seasoned finance professional, his appointment could lead to improved risk management and corporate development initiatives, aligning with shareholder interests.