StockWatch
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Oil Exploration & Production
Management Change13 Oct 2026, 06:00 pm

HOEC Appoints New CFO, Mr. Andrade Resigns

AI Summary

Hindustan Oil Exploration Company Ltd (HOEC) announced a change in its Key Managerial Personnel (KMP) following a Board Meeting on October 13, 2026. Mr. Debabrata Das has been appointed as the new Chief Financial Officer (CFO) effective October 16, 2026. He brings over 20 years of experience in senior finance roles across the energy and infrastructure sectors. Mr. Allen Joseph Andrade has resigned from the CFO position effective October 15, 2026, due to personal reasons. He will continue to support HOEC as a Financial Advisor, operating remotely.

Key Highlights

  • Mr. Debabrata Das appointed as new Chief Financial Officer.
  • Mr. Allen Joseph Andrade resigns as CFO for personal reasons.
  • Mr. Andrade will continue as Financial Advisor to the company.
  • New CFO brings over 20 years of finance leadership experience.
  • Appointment and resignation are effective mid-October 2026.