New Delhi : Bharat Petroleum Corporation Limited (BPCL) has announced that the Ministry of Petroleum & Natural Gas (MoPNG) has extended the additional charge of Director (Refineries) to its Chairman and Managing Director (CMD), Shri Sanjay Khanna. The development was disclosed through an official filing with the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations.
The extension ensures that Sanjay Khanna will continue overseeing the Refineries portfolio in addition to his responsibilities as the CMD of BPCL, maintaining continuity in the company’s refinery operations until further orders.
Continuation of Existing Arrangement
The latest decision is a continuation of an existing arrangement that was first communicated by BPCL to the stock exchanges on April 16, 2026, when the additional charge of Director (Refineries) was assigned to Sanjay Khanna.
With the fresh extension granted by the Ministry of Petroleum & Natural Gas, the company’s top executive will continue performing the dual responsibilities of leading the organization while also supervising one of its most critical operational divisions.
Official Disclosure to Stock Exchanges
The extension was formally disclosed on July 30, 2026, through an official communication submitted to both the BSE and the NSE.
- BSE Scrip Code: 500547
- NSE Symbol: BPCL
The regulatory filing was signed by V. Kala, Company Secretary, BPCL, in compliance with the disclosure requirements prescribed under SEBI’s Listing Regulations.
Importance of the Refineries Portfolio
The Director (Refineries) is responsible for overseeing BPCL’s refining business, which forms a vital part of the company’s integrated energy operations. The role includes supervision of refinery performance, operational efficiency, production planning, maintenance strategies, safety standards, and capacity expansion initiatives.
By extending the additional charge to the CMD, the government has ensured continuity in leadership for this strategic business segment while the company awaits further decisions regarding a permanent appointment.
Common Practice in Public Sector Enterprises
Such extensions are relatively common across Central Public Sector Enterprises (CPSEs) when:
- A full-time Director has not yet been appointed.
- The government considers the existing administrative arrangement effective.
- Continuity in strategic decision-making is considered necessary.
The extension allows key projects and operational decisions within the refinery business to continue without interruption.
Background
BPCL is one of India’s leading Maharatna Public Sector Undertakings (PSUs) engaged in refining crude oil, marketing petroleum products, natural gas distribution, aviation fuel supply, lubricants, and various energy-related businesses.
The continuation of the additional charge reflects the government’s confidence in Sanjay Khanna’s leadership as the company continues to strengthen its refining and downstream operations amid evolving energy market dynamics.
Key Highlights
- Ministry of Petroleum & Natural Gas has extended the additional charge of Director (Refineries) to BPCL CMD Sanjay Khanna.
- The arrangement was originally announced on April 16, 2026, and has now been extended.
- The disclosure was made under Regulation 30 of the SEBI LODR Regulations.
- BSE (500547) and NSE (BPCL) have been officially informed.
- Sanjay Khanna will continue handling both the CMD and Director (Refineries) responsibilities until further orders.
- The official filing was signed by Company Secretary V. Kala.
Source: Official regulatory filing submitted by Bharat Petroleum Corporation Limited (BPCL) to the BSE and NSE on July 30, 2026.
