Details: Shri Vikas Kaushal has been appointed as Chairman of the Company w.e.f March 18, 2025. He is Chairman & Managing Director of HPCL also. Vikas is a seasoned global leader with over three decades of experience in Energy domain. He is a chemical engineering graduate from DCET, Punjab University and has done his MBA from Indian Institute of Management, Ahmedabad. Vikas started his career in ICICI Limited where he worked in Project Finance and Advisory Services Division. Since 2000, Vikas worked with leading global management consulting firm A. T. Kearney and was a Partner with the firm for over 17 years. Vikas was pivotal to the growth of firm’s business in India and till recently was playing the role of Chairman of India business. Prior to that Vikas was the Global Leader for Energy and Process Industries practice where he was responsible for the portfolio of global energy clients served by A. T. Kearney including the global oil and gas majors. He also served as the Managing Director and Country Head for A. T. Kearney in India for five years and has significant experience in achieving profitable growth. Vikas has been twice elected to the Global Board of Directors of A. T. Kearney. During this period he also had the opportunity to serve as the Chair of the Finance and Audit and Governance Committees of the Board of Directors. Vikas has deep expertise in the Energy domain, including oil and gas, power, renewables and new energies. He has advised all the leading state-owned oil and gas companies in India i.e HPCL, Indian Oil, BPCL, GAIL, etc. on multiple large scale transformation programs for a long period of time. Vikas has also advised leading International Oil companies. Vikas is an expert on the Energy Transition topics. He has authored several key thought pieces on oil & gas, power, chemicals, and related topics and is a regular speaker at key conferences in India, and globally. Vikas is passionate about developing people. He has successfully groomed and mentored professionals and spends part of his time coaching young talent .

Details: Mr. Rajneesh Narang is the Director (Finance) of Hindustan Petroleum Corporation Limited (‘HPCL’), a Maharatna Oil Company. Prior to his current roles, Mr. Narang served as the Executive Director – Corporate Finance & Chief Financial Officer (CFO) of HPCL. Throughout his extensive career at HPCL, he has managed several critical portfolios, including Executive Director – Finance (Marketing), Executive Assistant to the Chairman & Managing Director, and roles across Finance and Marketing SBUs (such as Aviation, Direct Sales, and Retail). He is also on the board of several HPCL subsidiary and joint venture companies. A Member of the Institute of Chartered Accountants of India (ICAI) with a Master’s degree in Financial Management, Mr. Narang brings over three decades of rich and varied experience in the downstream oil sector. He has held various key challenging assignments in roles across Corporate Finance, Treasury, Risk Management, Margin Management, Marketing Finance, Budgeting, SBU Commercial, C&MD’s Office, and Refinery Project. Mr. Rajneesh Narang is known for his Commercial acumen, innovative ideas and people-centric leadership. In his various roles, he has focused on investment in Human capital for building successful teams and individuals and able to perform and deliver exceptional results through positive engagement and a shared vision. His commitment to professional development is further enriched by advanced management programs at prestigious institutions such as London Business School, IIM Ahmedabad, and ESCP Europe. He is also a key technical speaker in in-house capability-building seminars and workshops.

Details: Mr. S. Bharathan is Director – Refineries of the Company effective October 01, 2022. Prior to this, he was an Executive Director – Refineries Coordination of the Company with Additional Charge of R&D. Mr. Bharathan has wide exposure to the Refinery operations of the Company and has worked in Operations and Technical Departments of Mumbai and Visakh Refinery for over 25 years. He has also worked in the Corporate Office on Margin Management & Refinery Project Process for over 4 years. Further, he is also leading HPCL’s Green R&D Centre in Bengaluru for the last 3 years. Under him, HPCL Green Research & Development Centre (HPGRDC) has reached filing of about 380 patents.

Details: Mr. Amit Garg has been appointed as Director (Marketing) of the Company effective December 27, 2022. Prior to joining HPCL as Director (Marketing), Mr. Amit Garg was Executive Director (Aviation) in Bharat Petroleum Corporation Limited (BPCL). Mr. Amit Garg is a Post Graduate in Electronics & Management. Mr. Amit Garg is a senior leader in Oil & Gas space having rich and varied experience of over 35 years across the entire value chain in the Industry including sourcing, storage, logistics and sales across various functions in BPCL. He also served as a full time Director with Indraprastha Gas Limited, the largest CGD in the country and as a Nominee Director with Maharashtra Natural Gas Limited, a Joint Venture of BPCL & GAIL (India) Limited.

Details: Shri K S Shetty has assumed the charge of Director Human Resources of the Company effective May 01, 2023. Prior to this, Shri K S Shetty was an Executive Director – Human Resources with additional charge of Employee Relations Department. Shri K S Shetty is a Gold Medalist in Human Resource Management from Andhra University and also a distinguished alumnus of the Swedish Institute, Stockholm from where he completed his Diploma in Sustainable Development in 2012. He has also completed his Advanced Management Program from MDI, Gurgaon / ESCP Europe Business School, Paris. (2016). He is an SHRM, USA - Senior Certified Professional and is currently on the AIMA Core Committee on HR and also on the National Council of the Indian Society for Training and Development (ISTD). He is also on the Board of HPCL’s Wholly Owned Subsidiary Company (HPLNG), effective October 10, 2022. He has over 25 years of experience in HR in various capacities at HPCL. In his current role at HPCL, he is responsible for the entire gamut of HR/ER functions ranging from Talent Acquisition, Capability Building, Career and Succession Planning, Performance and Rewards Management, Discipline Management etc. He also has in-depth knowledge of various Statutory/ Regulatory requirements under various Labour Laws.

Details: Ms. Kalpana C. Naik has been appointed on the Board of HPCL Rajasthan Refinery Limited effective April 24, 2023 She is currently working as General Manager, Corporate Pricing, at Hindustan Petroleum Corporation Limited (HPCL) and has worked in many Sections of Finance namely, Budget, MIS & Pricing, LPG – Commercial, Retail - Commercial etc. at HPCL.

Details: Mr. Akhil Arora was appointed on the Board of the Company effective January 21, 2021 as Government of Rajasthan nominated Director. Mr. Arora holds a Bachelor's degree in Electronics & Communication Engineering, qualifying him as a highly knowledgeable and technically proficient professional. He is an IAS officer of 1993 batch and holds the esteemed position of Additional Chief Secretary in the Finance, Excise & Taxation Department of Rajasthan. Throughout his distinguished career, Mr. Arora has held numerous key positions, showcasing his exceptional leadership and administrative skills. Notably, he served as the Principal Secretary to the Government in various departments, including Finance, Medical & Health, Social Justice & Empowerment, Planning, and Information Technology & Communication. His ability to take on additional charges further highlights his versatility and capability, as he served as the Principal Secretary to Government in the Information Technology & Communication Department and the Department of Information and Public Relation. He also held the role of Commissioner for Specially Abled individuals in Rajasthan. Mr. Arora's training experiences have contributed significantly to his professional growth. He completed in-service training on Public Private Partnership at the Administrative Staff College of India, Hyderabad, and mid-career training, including Phase-V at the Lal Bahadur Shastri National Academy of Administration in Mussoorie. His outstanding achievements include overseeing projects in various capacities, such as Managing Director of Rajasthan Rajya Mines & Minerals Limited, Jaipur Metro Rail Corporation Limited, and Rajasthan State Mines and Minerals Limited. Additionally, he has served as the Commissioner of Tribal Area Development and as a Collector & District Magistrate in multiple locations. Mr. Arora's exceptional track record in diverse sectors and his profound understanding of administrative processes make him an invaluable addition to our Board of Directors.

Details: Shri T. Ravikanth was appointed to the Company’s Board on October 9, 2024, as a Government of Rajasthan-nominated Director. A career Civil Servant with over two decades of distinguished service in the Indian Administrative Service, he has consistently focused on public policy formulation and execution. Currently leading the Mines and Petroleum Department in Rajasthan, Shri Ravikanth has prioritized leveraging technology to ensure faster pre-embedded clearances, facilitate legal mining, and counter illegal activities—all with the goal of streamlining operations and advancing responsible resource management. Before his current role, Shri Ravikanth held significant positions in Urban Development, Medical Education, and Finance, demonstrating exceptional versatility and a capacity to drive meaningful progress across diverse domains. As CMD of Rajasthan State Vidhyut Prasaran Nigam Ltd. and Chairman of the Rajasthan Renewable Energy Corporation, he guided the development of critical transmission infrastructure, championed the integration of renewable energy, and explored cutting-edge areas like green hydrogen and fuel cell technology. His past experience as Principal Secretary (Industries) and key roles within the Finance Department, including Secretary (Budget) and Secretary (Finance, Revenue), further enriched his fiscal acumen, enabling him to devise pragmatic incentives for industrial growth. Raised in rural India, Shri Ravikanth entered public service driven by a desire to simplify governance and make it truly accessible to every citizen. His extensive work at the district level as a Collector, coupled with his exposure to grassroots realities and caste dynamics, has ensured that his policies are rooted in practical understanding. Equally, his tenure at the Chief Minister’s Office afforded him a holistic view of the state apparatus, informing strategic policy decisions that bridge the gap between high-level vision and on-the-ground realities. Throughout his career, Shri Ravikanth has sought to demystify government processes, harnessing Information Technology to streamline public services and ensure equitable access. His comprehensive experience across sectors—from power transmission and renewable energy to taxation, social justice, and child protection—positions him as a resourceful leader, well-prepared to guide the Company through complex challenges. His appointment to the Board is a testament to his vision, versatility, and unwavering commitment to inclusive, innovation-driven progress.