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Corporate Governance Report (Q4) 2023-24

Corporate Governance Report March 2024

General Information About Company
Scrip Code 500104
NSE Symbol HINDPETRO
MSEI Symbol NOTLISTED
ISIN INE094A01015
Name of the Entity Hindustan Petroleum Corporation Limited
Date of Start of Financial Year 01-04-2023
Date of End of Financial Year 31-03-2024
Reporting Quarter Yearly
Date of Report 31-03-2024
Risk Management Committee Applicable
Market Capitalisation as per Immediate Previous Financial Year Top 500 Listed Entities

Annexure-I

Annexure I to be submitted by listed entity on quarterly basis

I. Composition of Board of Directors
Disclosure of notes on composition of board of directors explanatory Textual Information(1)
Whether the listed entity has a Regular Chairperson Yes
Whether Chairperson is related to MD or CEO No
Sr. No. Title (Mr. / Ms.) Name of the Director PAN DIN Category 1 of Directors Category 2 of Directors Category 3 of Directors Date of Birth
1 Mr. Pushp Kumar Joshi ABLPJ5685L 05323634 Executive Director Chairperson MD 08-08-1964
2 Mr. Rajneesh Narang AAWPN7446B 08188549 Executive Director Not Applicable   14-05-1966
3 Mr. S Bharathan AOYPS7219F 09561481 Executive Director Not Applicable   06-05-1968
4 Mr. Amit Garg ABZPG6393G 08515246 Executive Director Not Applicable   02-03-1967
5 Mr. Suresh K Shetty AAZPS9164N 09760899 Executive Director Not Applicable   07-07-1968
6 Ms. Sujata Sharma BNDPS7049Q 07775238 Non-Executive - Nominee Director Not Applicable   15-07-1976
7 Mr. Pankaj Kumar AENPK0522N 09252235 Non-Executive - Nominee Director Not Applicable   30-06-1966
8 Mr. Bechan Lal AARPL3220G 09397116 Non-Executive - Independent Director Not Applicable   07-06-1957
9 Mr. Vivekananda Biswal ACMPB0523D 00977767 Non-Executive - Independent Director Not Applicable   19-03-1961
10 Mr. Ramdarshan Singh Pal OVLPS9455R 09400298 Non-Executive - Independent Director Not Applicable   01-06-1963
11 Mr. Nagaraja Bhalki ATQPB1003R 09451587 Non-Executive - Independent Director Not Applicable   28-07-1979
12 Mr. K S Narendiran MZPPS7675P 10070865 Non-Executive - Independent Director Not Applicable   10-10-1962
13 Ms. Vimla Pradhan AGPPP1690L 09398793 Non-Executive - Independent Director Not Applicable   19-03-1957

I. Composition of Board of Directors

Disqualification of Directors under Section 164 of the Companies Act, 2013
Sr. No. Whether the Director is Disqualified? Start Date of Disqualification End Date of Disqualification Details of Disqualification Current Status
1 No       Active
2 No       Active
3 No       Active
4 No       Active
5 No       Active
6 No       Active
7 No       Active
8 No       Active
9 No       Active
10 No       Active
11 No       Active
12 No       Active
13 No       Active

I. Composition of Board of Directors
Sr. No. Whether Special Resolution Passed? [Refer Reg. 17(1A) of Listing Regulations] Date of Passing Special Resolution Initial Date of Appointment Date of Re-appointment Date of Cessation Tenure of Director (In Months) No of Directorship in Listed Entities Including this Listed Entity (Refer Regulation 17A of Listing Regulations) No of Independent Directorship in Listed Entities Including this Listed Entity [With Reference to Proviso to Regulation 17A(1) & 17A(2)] Number of Memberships in Audit/ Stakeholder Committee(s) Including this Listed Entity (Refer Regulation 26(1) of Listing Regulations) No of post of Chairperson in Audit/ Stakeholder Committee held in Listed Entities Including this Listed Entity (Refer Regulation 26(1) of Listing Regulations) Reason for Cessation Notes for Not Providing PAN Notes for Not Providing DIN
1 NA   01-08-2012       1 0 0 0      
2 NA   22-03-2022       1 0 5 4      
3 NA   01-10-2022       2 0 1 0      
4 NA   27-12-2022       1 0 0 0      
5 NA   01-05-2023       1 0 1 0      
6 NA   27-12-2022       1 0 0 0      
7 NA   22-06-2022       3 0 2 0      
8 NA   16-11-2021 16-11-2021   28.5 1 1 1 1      
9 NA   16-11-2021 16-11-2021   28.5 1 1 2 0      
10 NA   16-11-2021 16-11-2021   28.5 1 1 1 0      
11 NA   30-12-2021 30-12-2021   27 1 1 1 1      
12 NA   15-03-2023 15-03-2023   12.5 1 1 0 0      
13 NA   16-11-2021 16-11-2021   28.5 1 1 0 0      

Textual Information(1)

During Q-4 of FY 23-24, the Board Comprises of Thirteen Directors as Under:

Five-Executive Directors Including C&MD,

Two Government Nominee Directors

Six-Non-Executive Independent Directors.

The Requirement of 50% of the Board as Independent was not Complied with and the Matter was Taken up with the Appropriate Ministry for Appointment of One ID

Annexure-I

II. Composition of Committees
Disclosure of Notes on Composition of Committees Explanatory Textual Information(1)

Annexure-I
Textual Information(1)

Audit Committee -

Bechan Lal-Chairman Effective 15-07-2022

Rajneesh Narang-ED&CFO-permanent Invitee

N&RC-

Vimla Pradhan-Chairman Effective 15-07-2022

Suresh K Shetty-permanent Invitee (Dir-HR) Effective 01-05-2023

SRC-

Nagaraja Bhalki-Chairman Effective 15-07-2022

RMC-

Pushp Kumar Joshi-Chairman Effective 08-05-2022

CSR-

Ramdarshan Singh Pal-Chairman Effective15-07-2022

Audit Committee Details
Whether the Audit Committee has a Regular Chairperson Yes  
Sr. No. DIN Number Name of Committee Members Category 1 of Directors Category 2 of Directors Date of Appointment Date of Cessation Remarks
1 09397116 Bechan Lal Non-Executive - Independent Director Chairperson 30-11-2021    
2 00977767 Vivekananda Biswal Non-Executive - Independent Director Member 30-11-2021    
3 09400298 Ramdarshan Singh Pal Non-Executive - Independent Director Member 15-07-2022    

Nomination and Remuneration Committee
Whether the Nomination and Remuneration committee has a Regular Chairperson Yes  
Sr. No. DIN Number Name of Committee Members Category 1 of Directors Category 2 of Directors Date of Appointment Date of Cessation Remarks
1 09398793 Vimla Pradhan Non-Executive - Independent Director Chairperson 30-11-2021    
2 09400298 Ramdarshan Singh Pal Non-Executive - Independent Director Member 30-11-2021    
3 09451587 Nagaraja Bhalki Non-Executive - Independent Director Member 15-07-2022    
4 10070865 K S Narendiran Non-Executive - Independent Director Member 26-06-2023    

Stakeholders Relationship Committee
Whether the Stakeholders Relationship Committee has a Regular Chairperson Yes  
Sr. No. DIN Number Name of Committee Members Category 1 of Directors Category 2 of Directors Date of Appointment Date of Cessation Remarks
1 09451587 Nagaraja Bhalki Non-Executive - Independent Director Chairperson 19-05-2022    
2 00977767 Vivekananda Biswal Non-Executive - Independent Director Member 15-07-2022    
3 08188549 Rajneesh Narang Executive Director Member 22-03-2022    

Risk Management Committee
Whether the Risk Management Committee has a Regular Chairperson Yes  
Sr. No. DIN Number Name of Committee Members Category 1 of Directors Category 2 of Directors Date of Appointment Date of Cessation Remarks
1 05323634 Pushp Kumar Joshi Executive Director Chairperson 01-08-2012    
2 09397116 Bechan Lal Non-Executive - Independent Director Member 19-05-2022    
3 09398793 Vimla Pradhan Non-Executive - Independent Director Member 15-07-2022    
4 10070865 K S Narendiran Non-Executive - Independent Director Member 26-06-2023    
5 08188549 Rajneesh Narang Executive Director Member 22-03-2022    
6 09561481 S Bharathan Executive Director Member 01-10-2022    
7 08515246 Amit Garg Executive Director Member 27-12-2022    
8 09760899 Suresh K Shetty Executive Director Member 01-05-2023    

Corporate Social Responsibility Committee
Whether the Corporate Social Responsibility Committee has a Regular Chairperson Yes  
Sr. No. DIN Number Name of Committee Members Category 1 of Directors Category 2 of Directors Date of Appointment Date of Cessation Remarks
1 09400298 Ramdarshan Singh Pal Non-Executive - Independent Director Chairperson 19-05-2022    
2 09398793 Vimla Pradhan Non-Executive - Independent Director Member 19-05-2022    
3 09397116 Bechan Lal Non-Executive - Independent Director Member 15-07-2022    
4 09561481 S Bharathan Executive Director Member 01-10-2022    
5 08515246 Amit Garg Executive Director Member 27-12-2022    
6 09760899 Suresh K Shetty Executive Director Member 01-05-2023    

Other Committee
Sr. No. DIN Number Name of Committee Members Name of Other Committee Category 1 of Directors Category 2 of Directors Remarks
1 00977767 Vivekananda Biswal Investment Committee Non-Executive - Independent Director Chairperson  
2 09451587 Nagaraja Bhalki Investment Committee Non-Executive - Independent Director Member  
3 10070865 K S Narendiran Investment Committee Non-Executive - Independent Director Member  
4 08188549 Rajneesh Narang Investment Committee Executive Director Member  

Annexure-I

Annexure-I

III. Meeting of Board of Directors
Disclosure of Notes on Meeting of Board of Directors Explanatory  
Sr. No. Date(s) of Meeting (If Any) in the Previous Quarter Date(s) of Meeting (If Any) in the Current Quarter Maximum Gap between Any Two Consecutive (In Number of Days) Notes for Not Providing Date Whether Requirement of Quorum Met (Yes/No) Total Number of Directors as on Date of the Meeting Number of Directors Present* (All Directors Including Independent Director) No. of Independent Directors Attending the Meeting*
1 06-11-2023       Yes 13 13 6
2 12-12-2023   35   Yes 13 13 6
3   09-01-2024 27   Yes 13 13 6
4   25-01-2024 15   Yes 13 12 6
5   16-02-2024 21   Yes 13 12 6
6   06-03-2024 18   Yes 13 13 6
7   20-03-2024 13   Yes 13 13 6

Annexure 1

IV. Meeting of Committees
Disclosure of Notes on Meeting of Committees Explanatory  
Sr. No. Name of Committee Date(s) of Meeting (Enter Dates of Previous Quarter and Current Quarter in Chronological Order) Maximum Gap Between Any Two Consecutive (In Number of Days) Name of Other Committee Reson for Not Providing Date Whether requirement of Quorum met (Yes/No) Total Number of Directors in the Committee as on Date of the Meeting Number of Directors Present (All Directors including Independent Director) No. of Independent Directors Attending the Meeting* No. of Members Attending the Meeting (Other than Board of Directors)
1 Audit Committee 06-11-2023       Yes 3 3 3 0
2 Audit Committee 27-12-2023 50     Yes 3 3 3 0
3 Audit Committee 25-01-2024 28     Yes 3 3 3 0
4 Corporate Social Responsibility Committee 16-12-2023       Yes 6 6 3 0
5 Corporate Social Responsibility Committee 06-02-2024 51     Yes 6 6 3 0
6 Corporate Social Responsibility Committee 13-03-2024 35     Yes 6 6 3 0

Annexure-I

V. Related Party Transactions
Sr. No. Subject Compliance status (Yes/No/NA) If status is “No” Details of Non-Compliance May be Given here.
1 Whether Prior Approval of Audit Committee Obtained Yes  
2 Whether Shareholder Approval Obtained for Material RPT Yes  
3 Whether Details of RPT Entered Into Pursuant to Omnibus Approval have been Reviewed by Audit Committee Yes  
Disclosure of Notes on Related Party Transactions Textual Information(1)

Textual Information(1)

RPT Entered into Pursuant to Omnibus Approval During FY 2023-24 would be Reviewed by the Audit Committee in Their Ensuing Meeting.

Annexure-I

VI. Affirmations
Sr. No. Subject Compliance Status (Yes/No)
1 The Composition of Board of Directors is in Terms of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 No
2 The Composition of the Following Committees is in Terms of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
a. Audit Committee		 Yes
3 The Composition of the Following Committees is in Terms of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. b. Nomination & remuneration committee Yes
4 The Composition of the Following Committees is in Terms of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. c. Stakeholders relationship committee Yes
5 The Composition of the Following Committees is in Terms of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. d. Risk management committee (applicable to the top 1000 listed entities) Yes
6 The Committee Members have been Made Aware of Their Powers, Role and Responsibilities as Specified in SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Yes
7 The Meetings of the Board of Directors and the Above Committees have been Conducted in the Manner as Specified in SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Yes
8 This Report and/or the Report Submitted in the Previous Quarter has been Placed Before Board of Directors. Yes
9 Any Comments/Observations/Advice of Board of Directors May be Mentioned here: Textual Information(1)

Annexure-I
Sr. No. Subject Compliance Status
1 Name of Signatory V Murali
2 Designation Company Secretary and Compliance Officer

Textual Information(1)

HPCL, being a Central Public Sector Enterprise (CPSE), Directors are appointed by the Ministry of Petroleum and Natural Gas, being the administrative authority. Since 01-05-2023, there has been a shortfall of one Independent Director on the Board of HPCL, the Company has been pursuing with the Administrative Ministry for appointment of one Independent Director.

 

 

 

 

Annexure-II

Annexure-II to be submitted by listed entity at the end of the financial year (for the whole of financial year)

I. Disclosure on website in terms of Listing Regulations
Sr. No. Item Compliance status (Yes/No/NA) If status is “No” details of non-compliance may be given here. Web address
1 Details of business Yes   https://www.hindustanpetroleum.com/
2 Terms and conditions of appointment of independent directors Yes   https://www.hindustanpetroleum.com/
3 Composition of various committees of board of directors Yes   https://www.hindustanpetroleum.com/
4 Code of conduct of board of directors and senior management personnel Yes   https://www.hindustanpetroleum.com/
5 Details of establishment of vigil mechanism/ Whistle Blower policy Yes   https://www.hindustanpetroleum.com/
6 Criteria of making payments to non-executive directors Yes   https://www.hindustanpetroleum.com/
7 Policy on dealing with related party transactions Yes   https://www.hindustanpetroleum.com/
8 Policy for determining ‘material’ subsidiaries Yes   https://www.hindustanpetroleum.com/
9 Details of familiarization programmes imparted to independent directors Yes   https://www.hindustanpetroleum.com/
10 Email address for grievance redressal and other relevant details Yes   https://www.hindustanpetroleum.com/
11 Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievances Yes   https://www.hindustanpetroleum.com/
12 Financial results Yes   https://www.hindustanpetroleum.com/
13 Shareholding pattern Yes   https://www.hindustanpetroleum.com/
14 Details of agreements entered into with the media companies and/or their associates NA    

Annexure II

Annexure II to be submitted by listed entity at the end of the financial year (for the whole of financial year)

I. Disclosure on website in terms of Listing Regulations
Sr. No. Item Compliance status (Yes/No/NA) If status is “No” details of non-compliance may be given here. Web address
15.1 Schedule of analyst or institutional investor meet and presentations made by the listed entity to analysts or institutional investors simultaneously with submission to stock exchange Yes   https://www.hindustanpetroleum.com/
15.2 Audio or video recordings and transcripts of post earnings/quarterly calls Yes   https://www.hindustanpetroleum.com/
16 New name and the old name of the listed entity NA    
17 Advertisements as per regulation 47 (1) Yes   https://www.hindustanpetroleum.com/
18 Credit rating or revision in credit rating obtained Yes   https://www.hindustanpetroleum.com/
19 Separate audited financial statements of each subsidiary of the listed entity in respect of a relevant financial year Yes   https://www.hindustanpetroleum.com/
20 Secretarial Compliance Report Yes   https://www.hindustanpetroleum.com/
21 Materiality Policy as per Regulation 30 (4) Yes   https://www.hindustanpetroleum.com/
22 Disclosure of contact details of KMP who are authorized for the purpose of determining materiality as required under regulation 30(5) Yes   https://www.hindustanpetroleum.com/
23 Disclosures under regulation 30(8) Yes   https://www.hindustanpetroleum.com/
24 Statements of deviation(s) or variations(s) as specified in regulation 32 NA    
25 Dividend Distribution policy as per Regulation 43A(1) Yes   https://www.hindustanpetroleum.com/
26 Annual return as provided under section 92 of the Companies Act, 2013 Yes   https://www.hindustanpetroleum.com/
27 Confirmation that the above disclosures are in a separate section as specified in regulation 46(2) Yes   https://www.hindustanpetroleum.com/
28 Compliance with regulation 46(3) with respect to accuracy of disclosures on the website and timely updating Yes   https://www.hindustanpetroleum.com/

Annexure II

II. Annual Affirmations
Sr. No. Particulars Regulation Number Compliance status (Yes/No/NA) If status is “No” details of non-compliance may be given here.
1 Independent director(s) have been appointed in terms of specified criteria of ‘independence’ and/or ‘eligibility’ 16(1)(b) & 25(6) Yes  
2 Board composition 17(1), 17(1A) & 17(1C), 17(1D) & 17(1E) No HPCL, being a Government Company, all the Directors are appointed by the Ministry of Petroleum and Natural Gas, being the administrative authority. Since 01-05-2023, there has been a shortfall of one Independent Director on the Board of HPCL, and the Company is pursuing with the Ministry for the appointment.
3 Meeting of Board of directors 17(2) Yes  
4 Quorum of Board meeting 17(2A) Yes  
5 Review of Compliance Reports 17(3) Yes  
6 Plans for orderly succession for appointments 17(4) Yes  
7 Code of Conduct 17(5) Yes  
8 Fees/compensation 17(6) Yes  
9 Minimum Information 17(7) Yes  
10 Compliance Certificate 17(8) Yes  

Annexure II

II. Annual Affirmations
Sr. No. Particulars Regulation Number Compliance status (Yes/No/NA) If status is “No” details of non-compliance may be given here.
11 Risk Assessment & Management 17(9) Yes  
12 Performance Evaluation of Independent Directors 17(10) NA  
13 Recommendation of Board 17(11) Yes  
14 Maximum number of Directorships 17A Yes  
15 Composition of Audit Committee 18(1) Yes  
16 Meeting of Audit Committee 18(2) Yes  
17 Role of Audit Committee and information to be reviewed by the audit committee 18(3) Yes  
18 Composition of nomination & remuneration committee 19(1) & (2) Yes  
19 Quorum of Nomination and Remuneration Committee meeting 19(2A) Yes  
20 Meeting of Nomination and Remuneration Committee 19(3A) Yes  

Annexure II

II. Annual Affirmations
Sr. No. Particulars Regulation Number Compliance status (Yes/No/NA) If status is “No” details of non-compliance may be given here.
21 Role of Nomination and Remuneration Committee 19(4) Yes  
22 Composition of Stakeholder Relationship Committee 20(1), 20(2) & 20(2A) Yes  
23 Meeting of Stakeholders Relationship Committee 20(3A) Yes  
24 Role of Stakeholders Relationship Committee 20(4) Yes  
25 Composition and role of risk management committee 21(1),(2),(3),(4) Yes  
26 Meeting of Risk Management Committee 21(3A) Yes  
27 Quorum of Risk Management Committee meeting 21(3B) Yes  
28 Gap between the meetings of the Risk Management Committee 21(3C) Yes  
29 Vigil Mechanism 22 Yes  
30 Policy for related party Transaction 23(1), (1A), (5), (6), & (8) Yes  

Annexure II

II. Annual Affirmations
Sr. No. Particulars Regulation Number Compliance status (Yes/No/NA) If status is “No” details of non-compliance may be given here.
31 Prior or Omnibus approval of Audit Committee for all related party transactions 23(2), (3) Yes  
32 Approval for material related party transactions 23(4) Yes  
33 Disclosure of related party transactions on consolidated basis 23(9) Yes  
34 Composition of Board of Directors of unlisted material Subsidiary 24(1) NA  
35 Other Corporate Governance requirements with respect to subsidiary of listed entity 24(2),(3),(4),(5) & (6) Yes  
36 Alternate Director to Independent Director 25(1) Yes  
37 Maximum Tenure 25(2) Yes  
38 Appointment, Re-appointment or removal of an Independent Director through special resolution or the alternate mechanism 25(2A) Yes  
39 Meeting of independent directors 25(3) & (4) Yes  
40 Familiarization of independent directors 25(7) Yes  

Annexure II

II. Annual Affirmations
Sr. No. Particulars Regulation Number Compliance status (Yes/No/NA) If status is “No” details of non-compliance may be given here.
41 Declaration from Independent Director 25(8) & (9) Yes  
42 Directors and Officers insurance 25(10) Yes  
43 Confirmation with respect to appointment of Independent Directors who resigned from the listed entity 25(11) Yes  
44 Memberships in Committees 26(1) Yes  
45 Affirmation with compliance to code of conduct from members of Board of Directors and Senior management personnel 26(3) Yes  
46 Disclosure of Shareholding by Non-Executive Directors 26(4) Yes  
47 Policy with respect to Obligations of directors and senior management 26(2) & 26(5) Yes  
48 Approval of the Board and shareholders for compensation or profit sharing in connection with dealings in the securities of the listed entity 26(6) Yes  
49 Vacancies in respect Key Managerial Personnel 26A(1) & 26A(2) Yes  
  Any other information to be provided Textual Information(1)

Text Block
Textual Information(1)

Sr. No. 12 - The Ministry of Corporate Affairs has granted exemption to Government Companies from similar provisions as the evaluation of Independent Directors is done by the administrative ministry.

 

Sr. No. 34 -The Company has no material subsidiary.

Annexure II
1 Name of signatory V Murali
2 Designation Company Secretary and Compliance Officer

Annexure II

III. Affirmations
Sr. No. Particulars Compliance status (Yes/No/NA)
1 The Listed Entity has approved Material Subsidiary Policy and the Corporate Governance requirements with respect to subsidiary of Listed Entity have been complied Yes
  Any other information to be provided  

Annexure II
1 Name of signatory V Murali
2 Designation Company Secretary and Compliance Officer

Additional Half yearly Disclosure
Applicability of disclosure Applicable  
Reason for Non Applicability Textual Information(1)  

I. Disclosure of Loans/ guarantees/comfort letters /securities etc.refer note below
(A)Any loan or any other form of debt advanced by the listed entity directly or indirectly to  
Entity Aggregate amount advanced during six months Balance outstanding at the end of six months  
Promoter or any other entity controlled by them 0 0  
Promoter Group or any other entity controlled by them 0 0  
Directors (including relatives) or any other entity controlled by them 0 0  
KMPs or any other entity controlled by them 0 0  

(B) Any guarantee / comfort letter (by whatever name called) provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed By
Entity Type (guarantee, comfort letter etc.) Aggregate amount of issuance during six months Balance outstanding at the end of six months(taking into account any invocation)
Promoter or any other entity controlled by them N.A. 0 0
Promoter Group or any other entity controlled by them N.A. 0 0
Directors (including relatives) or any other entity controlled by them N.A. 0 0
KMPs or any other entity controlled by them N.A. 0 0

(C) Any security provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed by
Entity Type of security (cash, shares etc.) Aggregate value of security provided during six months Balance outstanding at the end of six months
Promoter or any other entity controlled by them N.A. 0 0
Promoter Group or any other entity controlled by them N.A. 0 0
Directors (including relatives) or any other entity controlled by them N.A. 0 0
KMPs or any other entity controlled by them N.A. 0 0
(D) Additional Information Textual Information(2)

II. Affirmations
Affirmations Compliance Status Company Remarks
All loans (or other form of debt), guarantees, comfort letters (by whatever name called) or securities in connection with any loan(s) (or other form of debt) given directly or indirectly by the listed entity to promoter(s), promoter group, director(s) (including their relatives), key managerial personnel (including their relatives) or any entity controlled by them are in the economic interest of the company. Yes Textual Information(3)
Name Rajneesh Narang    
Designation CFO    
Place Mumbai    
Date 18-04-2024    

Text Block
Textual Information(3)

In line with foot note 1(a), (b) and (d) of annexure IV of SEBI circular dtd. 31st May 2021 on Format of compliance report on Corporate Governance by Listed Entities, the above are not applicable to HPCL.

Details of Cyber security incidence
Whether as per Regulation 27(2)(ba) of SEBI (LODR) Regulations, 2015 there has been cyber security incidents or breaches or loss of data or documents during the quarter No
Number of cyber security incidence or breaches or loss of data event occurred during the quarter  
Sr. No. Date of the event Brief details of the event

Signatory Details
Name of signatory V Murali
Designation of person Company Secretary and Compliance Officer
Place Mumbai
Date 18-04-2024