Hindustan Oil Exploration Company Limited — Others, 18-12-2024: Change in Director(s)

Hindustan Oil Exploration Company has announced a board meeting regarding key changes in its Directorate. Ms. Sharmila Hiralal Amin has retired as Non-Executive Independent Director after completing two five-year terms. The board appreciates her contributions. In her place, Mrs. Bhavani Balasubramanian has been appointed as Additional Director (Non-Executive Independent) for five years, subject to shareholder approval via postal ballot. This reconstitution may positively influence governance, bringing in new perspectives with Mrs. Balasubramanian’s extensive experience in auditing and board roles, which could enhance shareholder confidence.