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The latest announcement is out from Indian Oil Corp. Ltd. ( (IN:IOC) ).
Indian Oil Corporation Limited has promoted a group of officials to the level of Senior Management Personnel, designating them as Executive Directors in key functional and regional roles across the organisation. The new appointments span health, safety and environment; employee relations; projects and operations in refineries and marketing; corporate strategy and finance; internal audit; branding and corporate communications; as well as state heads for several major regional offices and specialised business development areas including polymers, aromatics and chemicals. The move signals a broad-based strengthening of leadership one level below the board, likely aimed at supporting Indian Oil’s operational scale, regional market presence and strategic initiatives in core and value-added businesses.
More about Indian Oil Corp. Ltd.
Indian Oil Corporation Limited is a state-owned Maharatna energy company and one of India’s largest integrated downstream oil and gas players, engaged in refining, marketing, pipeline transportation, petrochemicals and related businesses. Through its extensive network of refineries, marketing infrastructure and state offices, the company serves retail, industrial and institutional customers across the country, while also focusing on business development, polymers, petrochemicals and emerging value-added segments.
Average Trading Volume: 887,570
Technical Sentiment Signal: Strong Buy
Current Market Cap: 2225.5B INR
Learn more about IOC stock on TipRanks’ Stock Analysis page.