StockWatch
·
Refineries & Marketing
Management Change7 Oct 2026, 06:50 pm

CPCL Appoints Ritesh Kumar Golchha as Independent Director

AI Summary

Chennai Petroleum Corporation Ltd (CPCL) has announced the appointment of Shri Ritesh Kumar Golchha as a Non-Executive Independent Director to its Board, effective October 7, 2026. The appointment is in accordance with MoPNG letter No. CA-31033/1/2026-PNG (55708). Shri Golchha is a Chartered Accountant with approximately 20 years of experience in financial consultancy, audit, project finance, and taxation. He is currently a Partner at M/s Premchand and Company. The company confirmed that Shri Golchha is not debarred from holding a directorship and is not related to any existing Director on the Board. A detailed profile is attached as Annexure-1.

Key Highlights

  • Shri Ritesh Kumar Golchha appointed as Independent Director.
  • Effective date of appointment is October 7, 2026.
  • Golchha has 20 years of experience in finance and taxation.
  • He is not related to any other Director on the Board.
  • Appointment is in line with SEBI (LODR) Regulations, 2015.