What was filed
ONGC has told the exchanges, under Regulation 30 of SEBI's LODR Regulations, that its Board approved the appointment of Shri Bhaskar Chowdary Nettem (DIN: 10622394) as **Director (Production)**. The appointment follows a letter of the same date from the Ministry of Petroleum and Natural Gas. His term runs from the effective date until his superannuation, or until further orders, whichever is earlier. The company also stated he is not debarred from holding office by any SEBI or other order.
Who he is, per the filing
According to the profile ONGC attached, Nettem is a Mechanical Engineer who joined the company in 1991 at the Mumbai High Offshore Oilfield, with more than three decades of service across offshore and onshore operations. The filing describes his work on the Mangala oilfields joint venture in Rajasthan, the Barmer-to-Bhogat heated crude pipeline, and a tenure at ONGC Videsh Limited covering deepwater and international upstream operations. He has served as Asset Manager for the Assam Asset and later the Mumbai High Asset — described in the filing as the company's most critical and mature offshore producing asset — and chairs IGGL, a five-PSU gas pipeline joint venture in the North East.
Why it matters to a holder
The Director (Production) role sits on the board of a Maharatna upstream producer, with direct responsibility for the operations described in the filing. The change to ONGC's board and senior executive team has been disclosed as a material event, and the appointment is a defined term tied to the appointee's superannuation date.