Oil Country Tubular Ltd Reports Resignation of Chief Financial Officer
Oil Country Tubular Ltd has announced the resignation of its Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), Mr. Lal Bahadur Shastry Gubba. Mr. Gubba tendered his resignation, effective immediately, due to pursuing a better professional opportunity.According to the company's statement, Mr. Lal Bahadur Shastry Gubba ceased to be an employee of the company at the close of business hours on April 23, 2026.
The resignation marks the exit of a key managerial figure from the company's leadership. The details concerning the change in Key Managerial Personnel are summarized below:
| Particulars | Details |
|---|---|
| Name of the KMP | Mr. Lal Bahadur Shastry Gubba |
| Reason for change | Resignation from the post of Chief Financial Officer and Key Managerial Personnel of the Company due to pursue better professional opportunity. |
| Date of cessation / Date of resignation coming into effect | Mr. Lal Bahadur Shastry Gubba, Chief Financial Officer (CFO) of the Company has ceased to be an employee from the closure of business hours on April 23, 2026. |
OILCOUNTUB Stock Price Movement
Shares of Oil Country Tubular Limited are rallying as of 12:25 PM, gaining 10.00% in live trading to reach ₹62.16. The stock is demonstrating strong intraday momentum, fueled by a robust volume of 272,739 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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