CHENNPETROChennai Petroleum Corporation Ltd.

    Chennai Petroleum Corporation director Kannan retires; Venkatesh takes charge

    • Management change
    • Refineries
    A refinery complex with tall distillation columns, chimneys and pipework in a flat, open landscape, with parked cars in the foreground.
    Hans Peters for Anefo, via Wikimedia Commons (CC0). Illustrative image.

    Chennai Petroleum Corporation (NSE: CHENNPETRO) said the director (operations), P. Kannan, ceased to be a director on superannuation at the close of business on 31 Oct 2026, it said in a filing on 31 Oct 2026. Director (Technical) S. G. Venkatesh has taken additional charge as Director (Operations) with effect from 01 Nov 2026.

    The change in the board

    Mr. P. Kannan, Director (Operations), DIN 10250173, retired from service on 31 Oct 2026 and ceased to be a director with effect from the closure of business hours that day. The reason recorded is superannuation, or retirement from service.

    Mr. S. G. Venkatesh, Director (Technical), DIN 08823140, has taken additional charge as Director (Operations) from 01 Nov 2026.

    How it fits the company

    Chennai Petroleum Corporation's latest reported quarter, Q2 FY27 on a consolidated basis, showed total income of ₹22,074.34 crore. The same day's board announcement comes a week after the quarter's results, which were filed on 22 Oct 2026, and sits alongside the appointment of statutory auditors for 2026-27 filed on the same date.

    The filing does not describe any change to the company's operations beyond the officer change itself.

    What the change means for Chennai Petroleum Corporation's shareholders

    The change is a retirement at the end of service and the filing reports no other effect on the company. The filing does not say whether a permanent Director (Operations) will be appointed to replace Mr. P. Kannan, or when, and it does not say whether Mr. S. G. Venkatesh's additional charge will become permanent or is temporary.

    The next step the filing dates is the start of Mr. S. G. Venkatesh's additional charge on 01 Nov 2026.

    At a glance

    ItemDetail
    Director leavingP. Kannan, Director (Operations), DIN 10250173
    Last day as director31 Oct 2026, close of business hours
    Reason givenSuperannuation
    Additional chargeS. G. Venkatesh, Director (Technical), DIN 08823140
    Charge effective01 Nov 2026

    Filed with NSE on . Reference: Original filing (PDF)

    Disclaimer:

    The information available on this article is provided for education and informational purposes only. It does not constitute or provide financial, investment or trading advice and should not be construed as an endorsement of any specific stock or financial strategy in any form or manner. We do not make any representations or warranties regarding the quality, reliability, or accuracy of the information provided. This website may contain links to third-party content. We are not responsible for the content or accuracy of these external sources and do not endorse or verify the information provided by third parties. We are not liable for any decisions made or actions taken based on the information provided on this website.

    Related posts