Bharat Petroleum Corporation Ltd

Integrated Filing — Corporate Governance (NSE XBRL)

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Filing Summary

Company
Bharat Petroleum Corporation Limited
Symbol
BPCL
Quarter Ended
31-Mar-2026
Submission
New

General Disclosures

Advertisements As Per Regulation471
Yes
Annual Return As Provided Under Section92Of The Companies Act2013
Yes
Approval For Material Related Party Transactions
Yes
Approval Of The Board And Shareholders For Compensation Or Profit Sharing
Not Applicable
Audio Or Video Recordings And Transcripts Of Post Earinings Or Quarterly Calls
Yes
Board Composition
No
Code Of Conduct
Yes
Compliance Certificate
Yes
Compliance With Sub Regulation3Of Regulation46With Respect To Accuracy Of Disclosures On The Website And Timely Updation
Yes
Confirmation That The Disclosures Are In A Separate Section As Specified In Sub Regulation2Of Regulation46
Yes
Credit Rating Or Revision In Credit Rating Obtained
Yes
Date Of End Of Financial Year
31-Mar-2026
Date Of End Of Reporting Period
31-Mar-2026
Date Of Signing
27-Apr-2026
Date Of Start Of Financial Year
01-Apr-2025
Designation Of Person
Company Secretary and Compliance Officer
Designation Of Person Affirmations
Company Secretary and Compliance Officer
Designation Of Person For Annual Affirmations
Company Secretary and Compliance Officer
Designation Of Person For Quartely Affirmations
Company Secretary and Compliance Officer
Details Of Agreements Entered Into With The Media Companies And Or Their Associates
Not Applicable
Details Of Business
Yes
Details Of Establishment Of Vigil Mechanism Or Whistle Blower Policy
Yes
Details Of Non Compliance Of Board Composition
BPCL had 4 executive directors, 2 nominee directors and 3 Independent Directors till 27.3.2026. The tenure of 3 Independent Directors expired w.e.f. 28.3.2026. Accordingly, as on 31st March 2026, BPCL has 4 executive directors and 2 nominee directors. BPCL, being a Government Company, appointment of all Directors is made as per the nomination from Government of India. BPCL has communicated to Government of India about nomination of Independent directors on its Board from time to time. After receipt of nomination, requisite Independent directors would be appointed on the Board.
Disclosure Of Contact Details Of KMP Who Are Authorized For The Purpose Of Determining Materiality Under Sub Regulation5Of Regulation30
Yes
Disclosure Of Notes On Affirmations Explanatory Text Block
BPCL does not have a material Subsidiary
Disclosure Of Notes On Annual Affirmations Explanatory Text Block
Due to completion of tenure of 3 Independent Directors w.e.f. 28.03.2026, the Company does not have any Independent Director on the Board for the period 28.03.2026 to 31.03.2026 in the quarter ended 31st March 2026. Accordingly, the Company was in compliance with the requirement in terms of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 till 27.03.2026. The Company, being a Government Company, nomination/appointment of all Directors is done by the Government of India. Accordingly, BPCL has communicated to Government of India about nomination of Independent Directors on its Board from time to time. After receipt of nomination, requisite Independent directors would be appointed on the Board and the company will be able to constitute the requisite statutory Committees i.e. the Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee and Risk Management Committee in terms of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Disclosure Of Notes To Annexure1Explanatory Text Block
Dr. (Smt.) Sushma Agarwal, Independent Director has ceased to be the Director of the Company with effect from 10.03.2026 on completion of her tenure and Shri Pradeep Vishambhar Agrawal, Shri Gopal Krishan Agarwal and Prof. Bhagwati Prasad Saraswat, Independent Directors have ceased to be the Directors of the Company with effect from 28.03.2026 consequent to completion of their tenure. Accordingly, the Company was in compliance with the requirement in terms of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 till 27.03.2026. The Company does not have any Independent Director on the Board for the period 28.03.2026 to 31.03.2026 in the quarter ended 31st March 2026. The Company, being a Government Company, nomination/appointment of all Directors is done by the Government of India. Accordingly, BPCL has communicated to Government of India about nomination of Independent Directors on its Board from time to time. After receipt of nomination, requisite Independent directors would be appointed on the Board and the company will be able to constitute the requisite statutory Committees i.e. the Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee and Risk Management Committee in terms of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Disclosure Of Related Party Transactions On Consolidated Basis
Yes
Disclosure Web Link Of Annual Return As Provided Under Section92Of The Companies Act2013Is Placed
www.bharatpetroleum.in
Disclosure Web Link Of Audio Or Video Recordings And Transcripts Of Post Earinings Or Quarterly Calls Is Placed
www.bharatpetroleum.in
Disclosure Web Link Of Company At Advertisements As Per Regulation471Is Placed
www.bharatpetroleum.in
Disclosure Web Link Of Company At Dividend Distribution Policy As Per Regulation43A1Is Placed
www.bharatpetroleum.in
Disclosure Web Link Of Company At Materiality Policy As Per Sub Regulation4Regulation30Is Placed
www.bharatpetroleum.in
Disclosure Web Link Of Company At Separate Audited Financial Statements Of Each Subsidiary Of The Listed Entity Is Placed
www.bharatpetroleum.in
Disclosure Web Link Of Company At Which Credit Rating Or Revision In Credit Rating Obtained Is Placed
www.bharatpetroleum.in
Disclosure Web Link Of Company At Which Details Of Business Is Placed
www.bharatpetroleum.in
Disclosure Web Link Of Company At Which Details Of Establishment Of Vigil Mechanism Or Whistle Blower Policy Is Placed
www.bharatpetroleum.in
Disclosure Web Link Of Company At Which Financial Results Is Placed
www.bharatpetroleum.in
Disclosure Web Link Of Company At Which Policy For Determining Material Subsidiaries Is Placed
www.bharatpetroleum.in
Disclosure Web Link Of Company At Which Policy On Dealing With Related Party Transactions Is Placed
www.bharatpetroleum.in
Disclosure Web Link Of Company At Which Shareholding Pattern Is Placed
www.bharatpetroleum.in
Disclosure Web Link Of Compliance With Sub Regulation3Of Regulation46With Respect To Accuracy Of Disclosures On The Website And Timely Updation Is Placed
www.bharatpetroleum.in
Disclosure Web Link Of Confirmation That The Disclosures Are In A Separate Section As Specified In Sub Regulation2Of Regulation46Is Placed
www.bharatpetroleum.in
Disclosure Web Link Of Disclosure Of Contact Details Of KMP Who Are Authorized For The Purpose Of Determining Materiality Under Sub Regulation5Of Regulation30Is Placed
www.bharatpetroleum.in
Disclosure Web Link Of Disclosures Under Sub Regulation8Of Regulation30Is Placed
www.bharatpetroleum.in
Disclosure Web Link Of Memorandum Of Association And Articles Of Association Is Placed
www.bharatpetroleum.in
Disclosure Web Link Of Schedule Of Analyst Or Institutional Investor Meet And Presentation Prepared By Listed Entity For Analyst Or Institutional Investor Meet Is Placed
www.bharatpetroleum.in
Disclosure Web Link Of Secretarial Compliance Report Is Placed
www.bharatpetroleum.in
Disclosures Under Sub Regulation8Of Regulation30
Yes
Dividend Distribution Policy As Per Regulation43A1
Yes
Employee Benefit Scheme Documents Framed In Terms Of SEBI Share Based Employee Benefits And Sweat Equity Regulations2021
Not Applicable
Fees Or Compensation
Yes
Financial Results
Yes
Is SCORESID Available
Yes
ISIN
INE029A01011
Market Capitalisation As Per Immediate Previous Financial Year
Top 100 listed entities
Materiality Policy As Per Sub Regulation4Regulation30
Yes
Memorandum Of Association And Articles Of Association
Yes
Minimum Information
Yes
MSEI Symbol
NOTLISTED
Name Of Signatory
V. Kala
Name Of Signatory Affirmations
V. Kala
Name Of Signatory For Annual Affirmations
V. Kala
Name Of Signatory For Quartely Affirmations
V. Kala
Name Of The Company
Bharat Petroleum Corporation Limited
New Name And The Old Name Of The Listed Entity
Not Applicable
Other Corporate Governance Requirements With Respect To Subsidiary Of Listed Entity
Yes
Place
Mumbai
Plans For Orderly Succession For Appointments
Not Applicable
Policy For Determining Material Subsidiaries
Yes
Policy For Related Party Transaction
Yes
Policy On Dealing With Related Party Transactions
Yes
Reason For Part F Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Loans Or Guarantees Or Comfort Letters Or Securities Etc Is Not Applicable To The Entity
No such loans/guarantees/comfort letters provided.
Recommendation Of Board
Yes
Reporting Quarter
Yearly
Review Of Compliance Reports
Yes
Risk Assessment And Management
Yes
Schedule Of Analyst Or Institutional Investor Meet And Presentation Prepared By Listed Entity For Analyst Or Institutional Investor Meet
Yes
SCORES Registration ID
bpcl
Scrip Code
500547
Secretarial Compliance Report
Yes
Separate Audited Financial Statements Of Each Subsidiary Of The Listed Entity
Yes
Shareholding Pattern
Yes
Statements Of Deviations Or Variations As Specified In Regulation32
Not Applicable
Symbol
BPCL
The Listed Entity Has Approved Material Subsidiary Policy And The Corporate Governance Requirements With Respect To Subsidiary Of Listed Entity Have Been Complied
Yes
Type Of Company
Equity
Type Of Submission
Original
Vacancies In Respect Key Managerial Personnel
Not Applicable
Vigil Mechanism
Yes
Whether As Per Sub Regulation2ba Of Regulation27Of SEBILODR There Has Been Cyber Security Incidents During The Quarter
No
Whether Part A Of Annexure I Of The SEBI Circular Dated31December2024Related To Compliance Report On Corporate Governance Is Applicable To The Entity
Yes
Whether Part F Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Loans Or Guarantees Or Comfort Letters Or Securities Etc Is Applicable To The Entity
No

Additional Disclosures

Entry D_MeetingBOD1
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingBOD2
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingBOD3
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingBOD4
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingBOD5
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingBOD6
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingBOD7
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingBOD8
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit1
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit10
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit11
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit12
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit2
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit3
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit4
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit5
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit6
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit7
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit8
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit9
Whether Requirement Of Quorum Met
Yes
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Board Composition — Entity Disclosures

Disclosure Of Notes On Composition Of Board Of Directors Explanatory Text Block
Dr. (Smt.) Sushma Agarwal, Independent Director has ceased to be the Director of the Company with effect from 10.03.2026 on completion of her tenure and Shri Pradeep Vishambhar Agrawal, Shri Gopal Krishan Agarwal and Prof. Bhagwati Prasad Saraswat, Independent Directors have ceased to be the Directors of the Company with effect from 28.03.2026 consequent to completion of their tenure. Shri Vedveer Arya was appointed as a Government Nominee Director on the Board of the Company with effect from 09.03.2026.
The Composition Of Board Of Directors Is In Terms Of Sebi Regulations2015
No
Chairperson Related to MD / CEO
No
Regular Chairperson
Yes

Composition of Board of Directors

SrTitleDirectorPANDINCategory 1Category 2Category 3Date of BirthDisqualifiedStatusSpecial ResolutionInitial AppointmentRe-appointmentCessationTenure (months)Listed DirectorshipsIndependent DirectorshipsAudit / Stakeholder MembershipsAudit / Stakeholder Chair Posts
1MrSanjay Khanna******09485131Executive DirectorChairpersonCEO-MD11-May-1969NoActiveNot Applicable22-Feb-202222-Feb-20222000
2MrVetsa Ramakrishna Gupta******08188547Executive DirectorNot Applicable29-Jun-1971NoActiveNot Applicable07-Sep-202107-Sep-20211010
3MrRajkumar Dubey******10094167Executive DirectorNot Applicable14-Mar-1966NoActiveNot Applicable01-May-202301-May-20232010
4MrSubhankar Sen******09844251Executive DirectorNot Applicable12-Jan-1968NoActiveNot Applicable14-Jul-202514-Jul-20251000
5MrVedveer Arya******09311512Non-Executive - Nominee DirectorNot Applicable04-Sep-1970NoActiveNot Applicable09-Mar-202609-Mar-20261000
6MrAcharath Parakat Mahalil Mohamedhanish******02504842Non-Executive - Nominee DirectorNot Applicable17-Feb-1969NoActiveNot Applicable19-Jul-202419-Jul-20242000
7MsSushma Agarwal******10065236Non-Executive - Independent DirectorNot Applicable01-Jun-1958NoActiveNot Applicable10-Mar-202310-Mar-202310-Mar-2026371110
8MrPradeep Vishambhar Agrawal******00048699Non-Executive - Independent DirectorNot Applicable20-Jul-1969NoActiveNot Applicable28-Mar-202528-Mar-202528-Mar-2026131110
9MrGopal Krishan Agarwal******00226120Non-Executive - Independent DirectorNot Applicable01-Jun-1962NoActiveNot Applicable28-Mar-202528-Mar-202528-Mar-2026131121
10MrBhagwati Prasad Saraswat******09396479Non-Executive - Independent DirectorNot Applicable30-Jun-1960NoActiveNot Applicable28-Mar-202528-Mar-202528-Mar-2026131121

Committee Disclosures

Entry CompComit122
Date of Appointment
08-Mar-2026
Date Of Cessation Of Director In Committee
28-Mar-2026
Entry CompComit123
Date of Appointment
27-Apr-2023
Date Of Cessation Of Director In Committee
08-Mar-2026
Entry CompComit124
Date of Appointment
06-Sep-2024
Entry CompComit125
Date of Appointment
07-Sep-2021
Entry CompComit126
Date of Appointment
01-May-2023
Entry CompComit14
Date of Appointment
28-Mar-2025
Date Of Cessation Of Director In Committee
28-Mar-2026
Entry CompComit15
Date of Appointment
28-Mar-2025
Date Of Cessation Of Director In Committee
28-Mar-2026
Entry CompComit16
Date of Appointment
28-Mar-2025
Date Of Cessation Of Director In Committee
28-Mar-2026
Entry CompComit41
Date of Appointment
28-Mar-2025
Date Of Cessation Of Director In Committee
28-Mar-2026
Entry CompComit42
Date of Appointment
08-Mar-2026
Date Of Cessation Of Director In Committee
28-Mar-2026
Entry CompComit43
Date of Appointment
28-Mar-2025
Date Of Cessation Of Director In Committee
28-Mar-2026
Entry CompComit44
Date of Appointment
28-Mar-2025
Date Of Cessation Of Director In Committee
08-Mar-2026
Entry CompComit68
Date of Appointment
16-Jun-2025
Date Of Cessation Of Director In Committee
28-Mar-2026
Entry CompComit69
Date of Appointment
27-Apr-2023
Date Of Cessation Of Director In Committee
10-Mar-2026
Entry CompComit70
Date of Appointment
16-Jun-2025
Date Of Cessation Of Director In Committee
28-Mar-2026
Entry CompComit71
Date of Appointment
07-Sep-2021
Entry CompComit72
Date of Appointment
29-Apr-2025
Entry CompComit95
Date of Appointment
16-Jun-2025
Date Of Cessation Of Director In Committee
28-Mar-2026
Entry CompComit96
Date of Appointment
16-Jun-2025
Date Of Cessation Of Director In Committee
28-Mar-2026
Entry CompComit97
Date of Appointment
22-Jan-2025
Date Of Cessation Of Director In Committee
10-Mar-2026
Entry CompComit98
Date of Appointment
22-Feb-2022
Entry CompComit99
Date of Appointment
07-Sep-2021
Entry MainD
Composition And Role Of Risk Management Committee
Yes
Composition Of Audit Committee
Yes
Composition Of Nomination And Remuneration Committee
Yes
Composition Of Stakeholder Relationship Committee
Yes
Composition Of Various Committees Of Board Of Directors
Yes
Disclosure Of Notes On Composition Of Committees Explanatory Text Block
Due to completion of tenure of 3 Independent Directors w.e.f. 28.03.2026, the Company does not have any Independent Director on the Board for the period 28.03.2026 to 31.03.2026 in the quarter ended 31st March 2026. Accordingly, the Company was in compliance with the requirement under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 till 27.03.2026, However, after 28.3.2026, the Company was not able to constitute the Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee and Risk Management Committee in terms of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as the company being a Government Company, all the Directors are appointed as per the nomination from Govt. of India. The Company has requested to Govt. of India from time to time for nomination of Independent Directors.
Disclosure Web Link Of Company At Which Composition Of Various Committees Of Board Of Directors Is Placed
www.bharatpetroleum.in
Memberships In Committees
Yes
Prior Or Omnibus Approval Of Audit Committee For All Related Party Transactions
Yes
Risk Management Committee
Yes
Role Of Audit Committee And Information To Be Reviewed By The Audit Committee
Yes
Role Of Nomination And Remuneration Committee
Yes
Role Of Stakeholders Relationship Committee
Yes
The Committee Members Have Been Made Aware Of Their Powers Role And Responsibilities As Specified In Sebi Regulations2015
Yes
The Composition Of Audit Committee Is In Terms Of Sebi Regulations2015
Yes
The Composition Of The Nomination And Remuneration Committee Is In Terms Of Sebi Regulations2015
Yes
The Composition Of The Risk Management Committee Is In Terms Of Sebi Regulations2015
Yes
The Composition Of The Stakeholders Relationship Committee Committee Is In Terms Of Sebi Regulations2015
Yes
Whether The Audit Committee Has A Regular Chairperson
Yes
Whether The Corporate Social Responsibility Committee Has A Regular Chairperson
Yes
Whether The Nomination And Remuneration Committee Has A Regular Chairperson
Yes
Whether The Risk Management Committee Has A Regular Chairperson
Yes
Whether The Stakeholders Relationship Committee Has A Regular Chairperson
Yes

Audit Committee

Additional Position
Chairperson
Director DIN
00226120
Member Name
Gopal Krishan Agarwal
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
00048699
Member Name
Pradeep Vishambhar Agrawal
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
09396479
Member Name
Bhagwati Prasad Saraswat
Position
Non-Executive - Independent Director

Audit Committee

Audit Committee

Audit Committee

Audit Committee

Audit Committee

Audit Committee

Corporate Social Responsibility Committee

Additional Position
Chairperson
Director DIN
09396479
Member Name
Bhagwati Prasad Saraswat
Position
Non-Executive - Independent Director

Corporate Social Responsibility Committee

Additional Position
Chairperson
Director DIN
10065236
Member Name
Sushma Agarwal
Notes
Appointed as Chairperson of the Corporate Social Responsibility Committee w.e.f. January 22, 2025
Position
Non-Executive - Independent Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
02504842
Member Name
Acharath Parakat Mahalil Mohamedhanish
Position
Non-Executive - Nominee Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
08188547
Member Name
Vetsa Ramakrishna Gupta
Position
Executive Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
10094167
Member Name
Rajkumar Dubey
Position
Executive Director

Corporate Social Responsibility Committee

Corporate Social Responsibility Committee

Corporate Social Responsibility Committee

Corporate Social Responsibility Committee

Nomination and remuneration committee

Additional Position
Chairperson
Director DIN
09396479
Member Name
Bhagwati Prasad Saraswat
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
00226120
Member Name
Gopal Krishan Agarwal
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
00048699
Member Name
Pradeep Vishambhar Agrawal
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
10065236
Member Name
Sushma Agarwal
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Risk Management Committee

Additional Position
Chairperson
Director DIN
00226120
Member Name
Gopal Krishan Agarwal
Position
Non-Executive - Independent Director

Risk Management Committee

Additional Position
Member
Director DIN
00048699
Member Name
Pradeep Vishambhar Agrawal
Position
Non-Executive - Independent Director

Risk Management Committee

Additional Position
Member
Director DIN
10065236
Member Name
Sushma Agarwal
Notes
Appointed as Chairperson of the Risk Management Committee w.e.f January 22, 2025 and then appointed as member of the Risk Management Committee w.e.f. June 16, 2025
Position
Non-Executive - Independent Director

Risk Management Committee

Additional Position
Member
Director DIN
09485131
Member Name
Sanjay Khanna
Position
Executive Director

Risk Management Committee

Additional Position
Member
Director DIN
08188547
Member Name
Vetsa Ramakrishna Gupta
Position
Executive Director

Risk Management Committee

Stakeholders Relationship Committee

Additional Position
Chairperson
Director DIN
09396479
Member Name
Bhagwati Prasad Saraswat
Position
Non-Executive - Independent Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
10065236
Member Name
Sushma Agarwal
Position
Non-Executive - Independent Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
00226120
Member Name
Gopal Krishan Agarwal
Position
Non-Executive - Independent Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
08188547
Member Name
Vetsa Ramakrishna Gupta
Position
Executive Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
10094167
Member Name
Rajkumar Dubey
Position
Executive Director
Entry MainD
Gap Between The Meetings Of The Risk Management Committee
Yes
Meeting Of Audit Committee
Yes
Meeting Of Board Of Directors
Yes
Meeting Of Independent Directors
Yes
Meeting Of Nomination And Remuneration Committee
Yes
Meeting Of Risk Management Committee
Yes
Meeting Of Stakeholders Relationship Committee
Yes
Quorum Of Board Meeting
Yes
Quorum Of Nomination And Remuneration Committee Meeting
Yes
Quorum Of Risk Management Committeemeeting
Yes
The Meetings Of The Board Of Directors And The Above Committees Have Been Conducted In The Manner As Specified In Sebi Regulations2015
Yes
Entry MeetingBOD1
Dates Of Meeting In The Previous Quarter
31-Oct-2025
Number Of Directors Present In Meeting Of Board Of Directors
10
Number Of Independent Directors Attending The Meeting
4
Total Number Of Directors As On Date Of The Meeting
10
Entry MeetingBOD2
Dates Of Meeting In The Previous Quarter
18-Dec-2025
Maximum Gap Between Any Two Consecutive Meetings
47
Number Of Directors Present In Meeting Of Board Of Directors
9
Number Of Independent Directors Attending The Meeting
4
Total Number Of Directors As On Date Of The Meeting
9
Entry MeetingBOD3
Dates Of Meeting In The Previous Quarter
30-Dec-2025
Maximum Gap Between Any Two Consecutive Meetings
11
Number Of Directors Present In Meeting Of Board Of Directors
8
Number Of Independent Directors Attending The Meeting
4
Total Number Of Directors As On Date Of The Meeting
9
Entry MeetingBOD4
Dates Of Meeting If Any In The Relevant Quarter
23-Jan-2026
Maximum Gap Between Any Two Consecutive Meetings
23
Number Of Directors Present In Meeting Of Board Of Directors
8
Number Of Independent Directors Attending The Meeting
4
Total Number Of Directors As On Date Of The Meeting
9
Entry MeetingBOD5
Dates Of Meeting If Any In The Relevant Quarter
28-Jan-2026
Maximum Gap Between Any Two Consecutive Meetings
4
Number Of Directors Present In Meeting Of Board Of Directors
9
Number Of Independent Directors Attending The Meeting
4
Total Number Of Directors As On Date Of The Meeting
9
Entry MeetingBOD6
Dates Of Meeting If Any In The Relevant Quarter
25-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
27
Number Of Directors Present In Meeting Of Board Of Directors
9
Number Of Independent Directors Attending The Meeting
4
Total Number Of Directors As On Date Of The Meeting
9
Entry MeetingBOD7
Dates Of Meeting If Any In The Relevant Quarter
17-Mar-2026
Maximum Gap Between Any Two Consecutive Meetings
19
Number Of Directors Present In Meeting Of Board Of Directors
8
Number Of Independent Directors Attending The Meeting
3
Total Number Of Directors As On Date Of The Meeting
9
Entry MeetingBOD8
Dates Of Meeting If Any In The Relevant Quarter
25-Mar-2026
Maximum Gap Between Any Two Consecutive Meetings
7
Number Of Directors Present In Meeting Of Board Of Directors
9
Number Of Independent Directors Attending The Meeting
3
Total Number Of Directors As On Date Of The Meeting
9
Entry MeetingComit1
Dates Of Meeting Of The Committee In The Previous Quarter
31-Oct-2025
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
3
Number Of Independent Director Attending Meeting Of Committee
3
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
3
Entry MeetingComit10
Dates Of Meeting Of The Committee In The Relevant Quarter
24-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
68
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
4
Number Of Independent Director Attending Meeting Of Committee
1
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
4
Entry MeetingComit11
Dates Of Meeting Of The Committee In The Relevant Quarter
16-Mar-2026
Maximum Gap Between Any Two Consecutive Meetings
19
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
3
Number Of Independent Director Attending Meeting Of Committee
1
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
4
Entry MeetingComit12
Dates Of Meeting Of The Committee In The Relevant Quarter
25-Mar-2026
Maximum Gap Between Any Two Consecutive Meetings
8
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
4
Number Of Independent Director Attending Meeting Of Committee
1
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
4
Entry MeetingComit2
Dates Of Meeting Of The Committee In The Previous Quarter
18-Dec-2025
Maximum Gap Between Any Two Consecutive Meetings
47
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
3
Number Of Independent Director Attending Meeting Of Committee
3
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
3
Entry MeetingComit3
Dates Of Meeting Of The Committee In The Previous Quarter
30-Dec-2025
Maximum Gap Between Any Two Consecutive Meetings
11
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
3
Number Of Independent Director Attending Meeting Of Committee
3
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
3
Entry MeetingComit4
Dates Of Meeting Of The Committee In The Relevant Quarter
23-Jan-2026
Maximum Gap Between Any Two Consecutive Meetings
23
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
3
Number Of Independent Director Attending Meeting Of Committee
3
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
3
Entry MeetingComit5
Dates Of Meeting Of The Committee In The Relevant Quarter
23-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
30
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
3
Number Of Independent Director Attending Meeting Of Committee
3
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
3
Entry MeetingComit6
Dates Of Meeting Of The Committee In The Relevant Quarter
24-Mar-2026
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
3
Number Of Independent Director Attending Meeting Of Committee
3
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
3
Entry MeetingComit7
Dates Of Meeting Of The Committee In The Relevant Quarter
23-Jan-2026
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
3
Number Of Independent Director Attending Meeting Of Committee
3
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
3
Entry MeetingComit8
Dates Of Meeting Of The Committee In The Relevant Quarter
22-Jan-2026
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
5
Number Of Independent Director Attending Meeting Of Committee
3
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
5
Entry MeetingComit9
Dates Of Meeting Of The Committee In The Previous Quarter
17-Dec-2025
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
3
Number Of Independent Director Attending Meeting Of Committee
1
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
4
Entry MainD
Contact Information Of The Designated Officials Of The Listed Entity Who Are Responsible For Assisting And Handling Investor Grievances
Yes
Disclosure Web Link Of Company At Which Contact Information Of The Designated Officials Of The Listed Entity Who Are Responsible For Assisting And Handling Investor Grievances Is Placed
www.bharatpetroleum.in
Disclosure Web Link Of Company At Which Email Address For Grievance Redressal And Other Relevant Details Is Placed
www.bharatpetroleum.in
Email Address For Grievance Redressal And Other Relevant Details
Yes
No Of Investor Complaints Disposed Off During The Period
8
No Of Investor Complaints During The Period
-1
No Of Investor Complaints Received During The Period
7
Whether Part B Of Annexure I Of The SEBI Circular Dated31December2024Related To Investor Grievance Redressal Report Is Applicable To The Entity
Yes
Entry MainI
No Of Investor Complaints
0
Entry PY_I
No Of Investor Complaints
1
Entry D_AcquisitionShares1
Percentage Of Shares Or Voting Rights Acquired During The Quarter
0
Entry D_AcquisitionShares2
Percentage Of Shares Or Voting Rights Acquired During The Quarter
0
Entry D_AcquisitionShares3
Percentage Of Shares Or Voting Rights Acquired During The Quarter
0.5
Entry I_AcquisitionShares_PY1
Percentage Of Aggregate Holding Of Shares Or Voting Rights
1
Entry I_AcquisitionShares_PY2
Percentage Of Aggregate Holding Of Shares Or Voting Rights
0.5
Entry I_AcquisitionShares_PY3
Percentage Of Aggregate Holding Of Shares Or Voting Rights
0
Entry I_AcquisitionShares1
Date Of Acquisition
27-Feb-2026
Name Of The Unlisted Company In Which Shares Or Voting Rights Have Been Acquired
Bharat Petroresources Limited
Percentage Of Aggregate Holding Of Shares Or Voting Rights
1
Entry I_AcquisitionShares2
Date Of Acquisition
14-Feb-2026
Name Of The Unlisted Company In Which Shares Or Voting Rights Have Been Acquired
Bharat GPS Bioenergy Private Limited
Percentage Of Aggregate Holding Of Shares Or Voting Rights
0.5
Entry I_AcquisitionShares3
Date Of Acquisition
30-Mar-2026
Name Of The Unlisted Company In Which Shares Or Voting Rights Have Been Acquired
Arunachal Gas Private Limited
Percentage Of Aggregate Holding Of Shares Or Voting Rights
0.5
Entry MainD
Any Other Information For Disclosure Of Acquisition Of Shares Or Voting Rights In Unlisted Companies Explanatory Text Block
Bharat Petroresources Limited is a wholly owned subsidiary of BPCL. During the quarter January-March 2026, 1,30,00,00,000 shares were subscribed by the Company on 27.02.2026 pursuant to the Rights Issue offered by Bharat Petroresources Limited taking the aggregate holding of the Company in Bharat Petroresources Limited to 15,30,00,00,000 shares. However, there was no change in voting rights of the Company in Bharat Petroresources Limited. Bharat GPS Bioenergy Private Limited is a joint venture of BPCL and GPS Renewables Private Limited. During the quarter January-March 2026, 1,21,20,000 shares were subscribed by the Company on 14.02.2026 pursuant to the Rights Issue offered by Bharat GPS Bioenergy Private Limited taking the aggregate holding of the Company in Bharat GPS Bioenergy Private Limited to 1,61,20,000 shares. However, there was no change in voting rights of the Company in Bharat GPS Bioenergy Private Limited. Arunachal Gas Private Limited is a joint venture of BPCL and Oil India Limited. During the quarter January-March 2026, 25,00,000 shares were subscribed by the Company on 30.03.2026 pursuant to the initial subscription of shares which resulted into acquisition of 50% voting rights by the Company in Arunachal Gas Private Limited.
Composition Of Board Of Directors Of Unlisted Material Subsidiary
Not Applicable
Whether Part C Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Acquisition Of Shares Or Voting Rights In Unlisted Companies Is Applicable To The Entity
Yes
Entry I_OngoingTaxLitigationsOrDisputes1
Current Status
Pending with CESTAT Bangalore.
Date of Initiation
31-Mar-2023
Opposing Party
Commissioner of Central Excise
Status (Previous Disclosure)
The on-going litigation is pending with CESTAT Bangalore. Details of dispute - excise demand u/s 11A of Central Excise Act, due to denial of CENVAT in respect of various Engineering, Procurement and Construction contracts entered at the time of integrated refinery expansion project at Kochi Refinery on the ground that such input service is not covered under the definition of ‘input service’ as provided under Rule 2(l) of Cenvat Credit Rules, 2004(CCR). Further denial of CENVAT also on the ground that credit is availed by artificially vivisecting the said single work orders into various categories of work.
Entry I_OngoingTaxLitigationsOrDisputes2
Current Status
Pending with CESTAT Mumbai.
Date of Initiation
27-Jun-2019
Opposing Party
Commissioner of Central Excise
Status (Previous Disclosure)
The on-going litigation is pending with CESTAT Mumbai. Details of dispute - excise duty Demand under Section 11D(1A) of Central Excise Act in relation to recovery of MS equivalent excise duty on Ethanol Quantity contained in sale of Ethanol Blended Motor Spirit (EBMS).
Entry I_OngoingTaxLitigationsOrDisputes3
Current Status
Pending with Supreme Court.
Date of Initiation
21-Sep-2006
Opposing Party
Commissioner of Central Excise
Status (Previous Disclosure)
The on-going litigation is pending with the Supreme Court. Details of dispute - the Low Aromatic Naphtha (LAN) was classified by us under heading 271014 and 2710 1119. However, Department alleged that classification should be under Heading 2710 13 and 2710 1113 as Special Boiling Point Spirit (SBPS) attracting additional special Excise Duty.
Entry I_OngoingTaxLitigationsOrDisputes4
Current Status
Appealed to be filed before CESTAT Bangalore
Date of Initiation
21-Feb-2026
Opposing Party
Commissioner of Central Excise
Status (Previous Disclosure)
Excise Valauation Dispute on sale of Petroleum Products by KRL to BPCL and BPC KR to BPCL Depots.
Entry I_OngoingTaxLitigationsOrDisputes5
Current Status
Pending at Maharashtra Sales Tax Tribunal.
Date of Initiation
31-Mar-2010
Opposing Party
Commissioner of Sales Tax
Status (Previous Disclosure)
Pending at Maharashtra Sales Tax Tribunal. Also Interim Application has been filed before Honorable Bombay High court on 03.03.2025 along with Reference appeal of Indian Oil Corporation Limited.
Entry I_OngoingTaxLitigationsOrDisputes6
Current Status
Pending at Maharashtra Sales Tax Tribunal.
Date of Initiation
31-Mar-2010
Opposing Party
Commissioner of Sales Tax
Status (Previous Disclosure)
Pending at Maharashtra Sales Tax Tribunal. Also Interim Application has been filed before Honorable Bombay High court on 03.03.2025 along with Reference appeal of Indian Oil Corporation Limited.
Entry I_OngoingTaxLitigationsOrDisputes7
Current Status
Pending at Maharashtra Sales Tax Tribunal.
Date of Initiation
01-Oct-2011
Opposing Party
Commissioner of Sales Tax
Status (Previous Disclosure)
Pending at Maharashtra Sales Tax Tribunal.
Entry I_OngoingTaxLitigationsOrDisputes8
Current Status
The Arbitral award has been passed wherein partial claim of BPCL has been allowed. Further, as on date no notice from court has been received w.r.t. any appeal by VVF. BPCL has sent a notice to VVF claiming the awarded amount.
Date of Initiation
26-Dec-2022
Opposing Party
VVF India Limited
Status (Previous Disclosure)
Certain disputes arose between BPCL and VVF India Ltd under the Long Term Gas Sales Agreement dated 9.12.2009 with respect to failure to take delivery of the agreed quantity of gas and consequent failure to make payments under the 'take or pay' obligation. Accordingly, BPCL issued Notice Invoking Arbitration dated 26.12.2022 Claiming top pay of Rs. 11619622715/. The same was disputed and culminated into arbitration.
Entry MainD
Whether Part E Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Updates To Ongoing Tax Litigations Or Disputes Is Applicable To The Entity
Yes
Entry I_ImpositionOfFineOrPenalty1
Authority
National Stock Exchange of India Limited
Date Of Receipt Of Direction Or Order Including Any Ad Interim Or Interim Orders Or Any Other Communication From The Authority
27-Feb-2026
Financial / Operational Impact
No material impact.
Nature And Details Of The Action Taken Or Order Passed
Fines as per SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 (“Master Circular”) issued on July 11, 2023 and last updated on January 30, 2026
Violation Details
Regulation 17(1) of SEBI LODR Regulations, 2015, total fine payable is Rs.5,42,800 incl. GST, for the quarter ended 31.12.2025.
Entry I_ImpositionOfFineOrPenalty2
Authority
BSE Limited
Date Of Receipt Of Direction Or Order Including Any Ad Interim Or Interim Orders Or Any Other Communication From The Authority
27-Feb-2026
Financial / Operational Impact
No material impact.
Nature And Details Of The Action Taken Or Order Passed
Fines as per SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024
Violation Details
Regulation 17(1) of SEBI LODR Regulations, 2015, total fine payable is Rs.5,42,800 incl. GST, for the quarter ended 31.12.2025.
Entry MainD
Any Other Information For Disclosure Of Imposition Of Fine Or Penalty Explanatory Text Block
BPCL being a Government Company, appointment of all Directors is made as per nomination from Government of India. Accordingly, BPCL has requested Government of India from time to time for the nomination of requisite number of Independent Directors. As the Directors are appointed only after receipt of nomination from Government of India, BPCL has no control over the appointment of Directors. Hence, BPCL has requested BSE Limited and National Stock Exchange of India Limited for waiver of the above mentioned fines levied on BPCL.
Whether Part D Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Imposition Of Fine Or Penalty Is Applicable To The Entity
Yes