Hindustan Organic Chemicals Awaits Government Order on CMD Extension

MUMBAI, August 31, 2025 — Hindustan Organic Chemicals Ltd (HOCL) has announced the completion of the three-month additional charge of Chairman and Managing Director (CMD) by Yogendra Prasad Shukla, who also serves as the Director (Finance).

In a regulatory filing to the stock exchanges, the company stated that Shukla's temporary tenure as CMD concluded on August 31, 2025. He was given the additional responsibility on May 31, 2025, following the retirement of the former CMD, Sajeev B.

HOCL's statement confirmed that it is awaiting further orders from the Ministry of Chemicals & Fertilizers regarding a potential extension of Shukla's additional charge. The company has committed to communicating any new developments to the BSE as soon as an order is received from the administrative ministry.

This development comes as the company navigates a leadership transition and awaits a long-term appointment for the CMD position. Recent reports from July 2025 indicate that the Public Enterprises Selection Board (PESB) recommended Sangram Kumar Mishra from Engineers India Limited for the role, though the final appointment is still subject to government approval.