November 2, 2026: Indian Oil Corporation Limited (IOCL), a prominent player in the Indian energy sector, has announced the superannuation of two senior management personnel, effective 31 October 2026. This was disclosed in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

The two senior executives who have retired are  Subrat Kar and Dr. Alex C Pulikottil.  Subrat Kar was serving as the Executive Director of Planning & Economic Studies at the Marketing Head Office. His tenure has seen significant contributions to the strategic planning and economic studies within the marketing division of IndianOil.

Dr. Alex C Pulikottil, who also retired, held the position of Executive Director in the Petrochemical & Catalyst department at IndianOil's R&D Centre. Under his leadership, the department has been pivotal in advancing the corporation's petrochemical and catalyst technologies, playing a critical role in supporting IndianOil's innovation and research-driven growth strategies

(Source: Kalkine India)