Oil & Natural Gas Corporation Limited

Oil & Natural Gas Corporation Limited

Oil & Natural Gas Corporation Limited (ONGC) has announced that Shri Vikram Saxena, Director (Technology & Field Services), has been given the additional charge of Director (Production) by the Ministry of Petroleum and Natural Gas. This interim arrangement is effective from July 1, 2026, for a period of three months or until a regular incumbent is appointed, whichever is earlier. This ensures continuity in the crucial Production role.

Oil & Natural Gas Corporation Limited

Oil & Natural Gas Corporation Limited (ONGC) has announced a disclosure submitted by Sachin Kumar under Regulation 31(4) of the SEBI Takeover Regulations, 2011. This specific regulation pertains to the release of shares from encumbrance. The submission indicates that a portion of shares previously pledged or subject to encumbrance by Sachin Kumar are now free from such obligations. For investors, this generally signals a positive change in the individual's financial position regarding these shares, potentially reducing any associated selling pressure and often viewed favorably.