Bharat Petroleum Corpn. Ltd. — Proxy Solicitation & Information Statement 2022

Oct 14, 2022

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Sec.3.4.3

14[th] October 2022

The Secretary, The Secretary, BSE Ltd., National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No C/1, Dalal Street, G Block, Bandra-Kurla Complex, Mumbai 400 001 Mumbai 400051 BSE Scrip Code: 500547 NSE Symbol : BPCL

Dear Sir/Madam,

Sub: Notice of Postal Ballot

In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith Notice of Postal Ballot dated 14.10.2022 for seeking approval of the shareholders in respect of the following Ordinary Resolution:-

Item No. Resolution Description of the Resolution 1. Ordinary Appointment of Shri Sukhmal Kumar Jain as Director (Marketing) Resolution

This is for your information.

Thanking You,

Yours faithfully, For Bharat Petroleum Corporation Limited

Digitally signed by KALA V KALA V Date: 2022.10.14 12:06:22 +05'30'

(V. Kala) Company Secretary

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BHARAT PETROLEUM CORPORATION LIMITED

Corporate Identification Number (CIN): L23220MH1952GOI008931 Registered Office: Bharat Bhavan, P.B. No 688

4&6 Currimbhoy Road, Ballard Estate, Mumbai 400001 Tel. No: 2271 3000/4000

E-mail: info@bharatpetroleum.in Website: www.bharatpetroleum.in

Notice of Postal Ballot

[Pursuant to Section 110 of the Companies Act, 2013 and Companies (Management and Administration) Rules, 2014 and MCA Circulars]

Notice is hereby given that pursuant to the provisions of Section 108, Section 110 and other applicable provisions, if any, of the Companies Act, 2013 (" Act ") read with Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014 (including any amendment(s), statutory modification(s) and/ or re-enactment thereof for the time being in force) (“ Rules ”), Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“ Listing Regulations ”), General Circular Nos. 14/2020 dated 8[th] April, 2020, 17/2020 dated 13[th] April, 2020, 22/2020 dated 15[th] June 2020, 33/2020 dated 28[th] September, 2020, 39/2020 dated 31[st] December, 2020, 10/2021 dated 23[rd] June, 2021, 20/2021 dated 8[th] December, 2021 and 03/2022 dated 5[th] May, 2022 issued by Ministry of Corporate Affairs (“ MCA Circulars ”) and such other applicable laws and regulations, the Ordinary Resolution as set out in this notice is proposed for approval of the members of the Company (“ Members ”) through Postal Ballot by electronic voting (" e-voting ").

Special Business

Item : Appointment of Shri Sukhmal Kumar Jain as Director (Marketing)

To consider and, if thought fit, to pass the following Resolution as an Ordinary Resolution:-

“RESOLVED THAT pursuant to the provisions of Sections 149, 152 and other applicable provisions of the Companies Act, 2013 ("Act") and the Rules framed thereunder, Regulation 17 and all other applicable regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (including any statutory modification(s) or re-enactment(s) thereof, for the time being in force), Shri Sukhmal Kumar Jain (DIN: 09206648), who was appointed by the Board of Directors as an Additional Director and Director (Marketing) of the Company in terms of Section 161 of the Act and in respect of whom the Company has received a Notice in writing under Section 160 of the Act proposing his candidature for the office of Director of the Company, be and is hereby appointed as Director (Marketing) of the Company, liable to retire by rotation, on terms and conditions as determined by the Government of India.

RESOLVED FURTHER THAT the Board of Directors be and is hereby authorised to do all acts and take all such steps as may be necessary, proper or expedient to give effect to this Resolution.”

Place : Mumbai By Order of the Board of Directors

( V. Kala ) Company Secretary

Registered Office:

Bharat Bhavan, 4 & 6 Currimbhoy Road, Ballard Estate, Mumbai 400 001 CIN: L23220MH1952GOI008931 Phone: 2271 3000 / 4000 Email: info@bharatpetroleum.in Website: www.bharatpetroleum.in

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Notes:

1. The MCA Circular has extended the timeline upto 31[st] December, 2022 or until further orders whichever is earlier for convening of extraordinary general meetings and passing of Resolutions through Postal Ballot as per the prescribed framework on account of COVID 19 Pandemic. The MCA Circulars provide that the communication of assent / dissent of the members in the Postal Ballot will take place only through e-voting. The requirements provided under Rule 20 of the Rules relating to e-voting shall be applicable mutatis mutandis for passing of Resolution through Postal Ballot by voting through electronic means (“ remote e-voting” ).

2. For voting through remote e-voting as per the facilities arranged by the Company, Members are requested to read the instructions in the Notes under the section “The Process and manner of voting by electronic means” of this Notice.

3. The Explanatory Statement pursuant to Sections 102 and 110 of the Act read with applicable Rules made thereunder and Secretarial Standard-2 on General Meetings (“ SS2 ”) stating all material facts and the reasons for the proposal is annexed herewith and forms a part of the Postal Ballot notice.

4. In accordance with the MCA and SEBI Circulars, the Company is sending this Notice for Postal Ballot to the members in electronic form only. Physical copies of the Notice along with Postal Ballot Form and pre-paid business reply envelope are not being sent to members for this Postal Ballot. In line with the MCA Circulars, Postal Ballot notice will be available on the website of the Company at www.bharatpetroleum.in. The Notice can also be accessed from the websites of the Stock Exchanges i.e., BSE Limited and National Stock Exchange of India Limited at www.bseindia.com and www.nseindia.com respectively and will also be available on the website of National Securities Depository Limited (NSDL) (agency for providing the remote e-voting facility) i.e.,www.evoting.nsdl.com.

5. The Notice is being sent only through electronic mode to those Members whose names appear in the Register of Members / Beneficial Owners as received from NSDL and CDSL as on 11[th] October, 2022 and whose e-mail IDs are registered with the Company / Depositories (NSDL/CDSL). Members who have not registered their e-mail address are requested to register the same in respect of shares held in electronic form with the Depository through their Depository Participant(s) and in respect of shares held in physical form by writing to the RTA of the Company, M/s DSRC at bpcl@dsrc-cid.in with details of folio number and attaching a self-attested copy of PAN card. Details are available at https://www.bharatpetroleum.in/bharat-petroleum-for/Investors/Form%20ISR1%20KYC%20details%20updation.pdf

6. In accordance with the MCA Circulars, Members can vote only through the remote e- voting process. Members whose names appear on the Register of Members/Register of Beneficial Owners as on cut-off date i.e., 11[th] October, 2022 will only be considered for the purpose of e-voting. A person who is not a member as on the cut-off date should treat this notice of Postal Ballot for information purpose only.

7. The remote e-voting period will commence from 9.00 a.m. on Tuesday, 18[th] October, 2022, and ends at 5.00 p.m. on Wednesday, 16[th] November, 2022 . The remote e-voting module shall be disabled by NSDL for voting thereafter.

8. The Company has, in compliance with Rule 22 (5) of the Rules, appointed Smt. Ragini Chokshi (C.P. No 1436) Practising Company Secretary (Membership No.: 2390) of Ragini Chokshi & Co. Company Secretaries, as Scrutinizer for conducting the Postal Ballot in a fair and transparent manner.

9. The Scrutinizer after the conclusion of the remote e-voting on 16[th] November, 2022, will submit the Consolidated Scrutinizer's Report within the prescribed time to the Chairman & Managing Director of the Company or any other person authorized by him in writing upon completion of the scrutiny of the votes cast through remote e-voting.

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1. The Result of the Postal Ballot will be announced at or before 5.00 p.m. on Friday 18[th] November, 2022 at the Registered Office of the Company at Bharat Bhavan, 4&6 Currimbhoy Road, Ballard Estate, Mumbai 400 001. The results will be uploaded on the Company’s website at www.bharatpetroleum.in, website of NSDL at www.evoting.nsdl.com and will also be available on the websites of the Stock Exchanges i.e., BSE Limited and National Stock Exchange of India Limited at www.bseindia.com and www.nseindia.com respectively.

2. Resolution passed by the members through Postal Ballot is deemed to have been passed as if it has been passed at a General Meeting of the members.

3. The voting rights for Equity Shares are one vote per Equity Share, registered in the name of the members. Voting rights shall be reckoned on the Equity Shares registered in the name of the members as on 11[th] October, 2022. Once the vote is cast on the Resolution, it cannot be modified.

4. In compliance with Sections 108 and 110 of the Act and the rules made there under, the MCA Circulars and Regulation 44 of the Listing Regulations, the Company has provided the facility to the members to exercise their votes electronically and vote on the Resolution through the e-voting service facility arranged by NSDL. The instructions for e-voting are provided as part of this Postal Ballot Notice.

5. Members are requested to read the instructions in the Notes under the section “The Process and manner of voting by electronic means” in this Postal Ballot Notice. Members are requested to cast their vote through the e-voting process not later than 5.00 p.m. IST on Wednesday, 16[th] November, 2022 to be eligible for being considered, failing which it will be strictly considered that no vote has been received from the shareholder.

6. The Resolution, if passed by the requisite majority shall be deemed to have been passed on Wednesday,16[th] November, 2022, the last date specified for receipt of votes through the e-voting process.

7. The vote in this Postal Ballot cannot be exercised through proxy.

8. Relevant documents, if any, referred to in this Notice and the Explanatory Statement pursuant to Section 102 of the Act, will be available for inspection via electronic mode from the date of circulation of this Notice upto the last date of remote e-voting. Members seeking to inspect such documents can send an email to ssc@bharatpetroleum.in.

9. Members may send their queries related to item included in the Postal Ballot notice on the email ssc@bharatpetroleum.in from their registered email address, mentioning their name, folio number / DP ID- Client ID as applicable, mobile number, copy of PAN Card.

10. Resolution being Ordinary Resolution shall be declared as passed if the number of votes cast in favour exceeds the votes, if any, cast against the Resolution by members so entitled and voted.

The Process and manner of voting by electronic means :-

How do I vote electronically using NSDL e-Voting system?

The way to vote electronically on NSDL e-Voting system consists of “Two Steps” which are mentioned below:

Step 1: Access to NSDL e-Voting system

A) Login method for e-Voting for individual shareholders holding securities in demat mode

In terms of SEBI circular dated December 9, 2020 on e-Voting facility provided by Listed Companies, Individual shareholders holding securities in demat mode are allowed to vote through their demat account maintained with Depositories and Depository Participants. Shareholders are advised to update their mobile number and email Id in their demat accounts in order to access e-Voting facility.

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Login method for Individual shareholders holding securities in demat mode is given below:

Type of	Login Method
shareholders
Individual	1. Existing IDeAS user can visit the e-Services website of NSDL Viz.
Shareholders	https://eservices.nsdl.comeither on a Personal Computer or on a mobile. On
holding	the e-Services home page click on the “Beneficial Owner” icon under
securities in	“Login” which is available under ‘IDeAS’ section, this will prompt you to
demat mode	enter your existing User ID and Password. After successful authentication,
with NSDL.	you will be able to see e-Voting services under Value added services. Click
	on “Access to e-Voting” under e- Voting services and you will be able to
	see e-Voting page. Click on company name or e-Voting service provider i.e.
	NSDL and you will be re-directed to e-Voting website of NSDL for casting
	your vote during the remote e-Voting period.
	2. If you are not registered for IDeAS e-Services, option to register is available
	athttps://eservices.nsdl.com. Select “Register Online for IDeAS Portal” or
	click athttps://eservices.nsdl.com/SecureWeb/IdeasDirectReg.jsp
	3. Visit the e-Voting website of NSDL. Open web browser by typing the
	following URL:https://www.evoting.nsdl.comeither on a Personal
	Computer or on a mobile. Once the home page of e-Voting system is
	launched, click on the icon “Login” which is available under
	‘Shareholder/Member’ section. A new screen will open. You will have to
	enter your User ID (i.e. your sixteen digit demat account number hold with
	NSDL), Password/OTP and a Verification Code as shown on the screen.
	After successful authentication, you will be redirected to NSDL Depository
	site wherein you can see e-Voting page. Click on company name or e-
	Voting service provider i.e. NSDL and you will be redirected to e-Voting
	website of NSDL for casting your vote during the remote e-Voting period.
	4. Shareholders/Members can also download NSDL Mobile App “NSDL
	Speede” facility by scanning the QR code mentioned below for seamless
	voting experience.
	NSDLMobileAppisavailableon
	SApp Store • GooglePlay

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Individual	1.	Existing users who have opted for Easi / Easiest, they can login
Shareholders		through their user id and password. Option will be made
holding		available to reach e-Voting page without any further authentication.
securities in		The URL for users to login to Easi / Easiest are
demat mode		https://web.cdslindia.com/myeasi/home/login or
with CDSL		www.cdslindia.comand click on New System Myeasi.
	2.	After successful login of Easi/Easiest the user will be also able to
		see the E Voting Menu. The Menu will have links ofe-Voting
		service provider i.e. NSDL.Click onNSDLto cast your vote.
	3.	If the user is not registered for Easi/Easiest, option to register is
		available at
		https://web.cdslindia.com/myeasi/Registration/EasiRegistration
	4.	Alternatively, the user can directly access e-Voting page by
		providing demat Account Number and PAN No. from a link in
		www.cdslindia.comhome page. The system will authenticate the
		user by sending OTP on registered Mobile & Email as recorded in
		the demat Account. After successful authentication, user will be
		provided links for the respective ESP i.e.NSDLwhere the e-Voting
		is in progress.
Individual	You can also login using the login credentials of your demat account
Shareholders	through your Depository Participant registered with NSDL/CDSL for
(holding	e-Voting facility. upon logging in, you will be able to see e-Voting option.
securities in	Click	on e-Voting option, you will be redirected to NSDL/CDSL
demat mode)	Depository site after successful authentication, wherein you can see
login through	e-Voting feature. Click on company name or e-Voting service provider i.e.
their	NSDL and you will be redirected to e-Voting website of NSDL for casting
depository	your vote during the remote e-Voting period or joining virtual meeting &
participants	voting during the meeting.

Important note: Members who are unable to retrieve User ID/ Password are advised to use Forget User ID and Forget Password option available at abovementioned website.

Helpdesk for Individual Shareholders holding securities in demat mode for any technical issues related to login through Depository i.e. NSDL and CDSL.

Login type	Helpdesk details
Individual	Members facing any technical issue in login can contact NSDL
Shareholders holding	helpdesk by sending a request atevoting@nsdl.co.inor call at
securities in demat	toll free no.: 1800 1020 990 and 1800 22 44 30
mode with NSDL
Individual Shareholders	Members facing any technical issue in login can contact CDSL
holding securities in	help desk by sending a request athelpdesk.evoting@cdslindia.com
demat mode with CDSL	or contact at 022- 23058738 or 022-23058542-43

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• B) Login Method for shareholders other than Individual shareholders holding securities in demat mode and shareholders holding securities in physical mode.

How to Log-in to NSDL e-Voting website?

1. Visit the e-Voting website of NSDL. Open web browser by typing the following URL: https://www.evoting.nsdl.com/ either on a Personal Computer or on a mobile.

2. Once the home page of e-Voting system is launched, click on the icon “Login” which is available under ‘Shareholder/Member’ section.

3. A new screen will open. You will have to enter your User ID, your Password/OTP and a Verification Code as shown on the screen. Alternatively, if you are registered for NSDL eservices i.e. IDEAS, you can log-in at https://eservices.nsdl.com/ with your existing IDEAS login. Once you log-in to NSDL eservices after using your log-in credentials, click on e-Voting and you can proceed to Step 2 i.e. Cast your vote electronically.

4. Your User ID details are given below :

Manner of holding shares i.e. Demat	Your User ID is:
(NSDL or CDSL) or Physical
a) For Members who hold shares in	8 Character DP ID followed by 8 Digit
demat account with NSDL.	Client ID
	For example if your DP ID is IN300***
	and Client ID is 12** then your
	user ID is IN30012***.
b) For Members who hold shares in	16 Digit Beneficiary ID
demat account with CDSL.	For example if your Beneficiary ID is
	12** then your user ID is
	12**
c) For Members holding shares in	EVEN Number followed by Folio
Physical Form.	Number registered with the company
	For example if folio number is 001***
	and EVEN is 101456 then user ID is
	101456001***

1. Password details for shareholders other than Individual shareholders are given below:

2. a) If you are already registered for e-Voting, then you can use your existing password to login and cast your vote.

3. b) If you are using NSDL e-Voting system for the first time, you will need to retrieve the ‘initial password’ which was communicated to you. Once you retrieve your ‘initial password’, you need to enter the ‘initial password’ and the system will force you to change your password.

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• c) How to retrieve your ‘initial password’?

  • (i) If your email ID is registered in your demat account or with the company, your ‘initial password’ is communicated to you on your email ID. Trace the email sent to you from NSDL from your mailbox. Open the email and open the attachment i.e. a .pdf file. Open the .pdf file. The password to open the .pdf file is your 8 digit client ID for NSDL account, last 8 digits of client ID for CDSL account or folio number for shares held in physical form. The .pdf file contains your ‘User ID’ and your ‘initial password’.

  • (ii) If your email ID is not registered, please follow steps mentioned below in process for those shareholders whose email ids are not registered.

• If you are unable to retrieve or have not received the “ Initial password” or have forgotten your password:

• a) Click on “ Forgot User Details/Password ?”(If you are holding shares in your demat account with NSDL or CDSL) option available on www.evoting.nsdl.com

• b) Physical User Reset Password ?” (If you are holding shares in physical mode) option available on www.evoting.nsdl.com.

• c) If you are still unable to get the password by aforesaid two options, you can send a request at evoting@nsdl.co.in mentioning your demat account number / folio number, your PAN, your name and your registered address etc.

• d) Members can also use the OTP (One Time Password) based login for casting the votes on the e-Voting system of NSDL.

• After entering your password, tick on Agree to “Terms and Conditions” by selecting on the check box.

• Now, you will have to click on “Login” button.

• After you click on the “Login” button, Home page of e-Voting will open.

Step 2: Cast your vote electronically on NSDL e-Voting system.

How to cast your vote electronically on NSDL e-Voting system?

1. After successful login at Step 1, you will be able to see all the companies “EVEN” in which you are holding shares and whose voting cycle.

2. Select “EVEN” of company for which you wish to cast your vote during the remote e-Voting period.

3. Now you are ready for e-Voting as the Voting page opens.

4. Cast your vote by selecting appropriate options i.e. assent or dissent, verify/modify the number of shares for which you wish to cast your vote and click on “Submit” and also “Confirm” when prompted.

5. Upon confirmation, the message “Vote cast successfully” will be displayed.

6. You can also take the printout of the votes cast by you by clicking on the print option on the confirmation page.

7. Once you confirm your vote on the Resolution, you will not be allowed to modify your vote.

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General Guidelines for shareholders

1. Institutional shareholders (i.e. other than individuals, HUF, NRI etc.) are required to upload their Board Resolution / Power of Attorney / Authority Letter by clicking on "Upload Board Resolution / Authority Letter" displayed under "e-Voting" tab in your Login or send scanned copy (PDF/JPG Format) of the relevant Board Resolution/ Authority letter etc. with attested specimen signature of the duly authorized signatory(ies) who are authorized to vote, to the Scrutinizer by e-mail to mail@csraginichokshi.com with a copy marked to evoting@nsdl.co.in.

2. It is strongly recommended not to share your password with any other person and take utmost care to keep your password confidential. Login to the e-voting website will be disabled upon five unsuccessful attempts to key in the correct password. In such an event, you will need to go through the “Forgot User Details/Password?” or “Physical User Reset Password?” option available on www.evoting.nsdl.com to reset the password.

3. In case of any queries/grievances you may refer the Frequently Asked Questions (FAQs) for Shareholders and e-voting user manual for Shareholders available at the download section of www.evoting.nsdl.com or call on toll free no.: 1800 1020 990 and 1800 22 44 30 or send a request to Ms. Pallavi Mhatre, Senior Manager, NSDL, 4th Floor, ‘A’ Wing, Trade World, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai 400013 at evoting@nsdl.co.in

Process for those shareholders whose email ids are not registered with the depositories for procuring user id and password and registration of e-mail ids for e-voting for the Resolutions set out in this notice :

1. In case shares are held in physical mode, please provide Folio No., Name of shareholder, scanned copy of the share certificate (front and back), PAN (self attested scanned copy of PAN card), AADHAR (self attested scanned copy of Aadhar Card) by email to ssc@bharatpetroleum.in.

2. In case shares are held in demat mode, please provide DPID-CLID (16 digit DPID + CLID or 16 digit beneficiary ID), Name, client master or copy of Consolidated Account statement, PAN (self attested scanned copy of PAN card), AADHAR (self attested scanned copy of Aadhar Card) to ssc@bharatpetroleum.in. If you are an Individual shareholders holding securities in demat mode, you are requested to refer to the login method explained at Step 1 (A ) i.e. Login method for e-Voting for Individual shareholders holding securities in demat mode .

3. Alternatively shareholder/members may send a request to evoting@nsdl.co.in for procuring user id and password for e-voting by providing above mentioned documents.

4. In terms of SEBI circular dated December 9, 2020 on e-Voting facility provided by Listed Companies, Individual shareholders holding securities in demat mode are allowed to vote through their demat account maintained with Depositories and Depository Participants. Shareholders are required to update their mobile number and email ID correctly in their demat account in order to access e-Voting facility.

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ANNEXURE TO THE NOTICE OF THE POSTAL BALLOT

Explanatory Statement pursuant to Section 102 of the Companies Act, 2013 read with Rules 22 of the Companies (Management and Administration) Rules, 2014

Item : Appointment of Shri Sukhmal Kumar Jain as Director (Marketing)

Shri Sukhmal Kumar Jain was appointed as Additional Director on the Board and as Director (Marketing) of the Company under the provisions of Article 77A of the Articles of Association of the Company effective 22[nd] August, 2022 in accordance with the directions of the Government of India. His appointment was till the date of Annual General Meeting held on 29[th] August, 2022. He was again reappointed as Additional Director and Director (Marketing) at the Board Meeting held on 29[th] August, 2022.

In terms of Regulation 17(1C) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), the listed company shall ensure that the approval of the shareholders for appointment of person on the Board of Directors is taken at the next Annual General Meeting or within a time period of three months from the date of appointment whichever is earlier. Accordingly, Shareholders approval is sought for appointment of Shri Sukhmal Kumar Jain, as a Director on the Board of the Company u/s 149 and 152 of the Act, by way of Postal Ballot. The Company has received a Notice in writing under Section 160 of the Act, proposing his candidature for the office of the Director.

Shri Sukhmal Kumar Jain is B.E. (Mech) from Delhi College of Engineering and M.B.A. from S.P. Jain Institute of Management & Research. His brief resume containing his age, qualifications, expertise etc. is annexed herewith.

Relevant documents, if any, in respect of the said item will be available for inspection in electronic form on request by the Members of the Company, upto the last date of the remote e-voting.

The Board of Directors accordingly, recommends the passing of the proposed Ordinary Resolution as contained in the Notice.

Shri Sukhmal Kumar Jain is interested in the Resolution to the extent as it concerns his appointment. None of the other Directors or Key Managerial Personnel or their relatives has any concern or interest, financial or otherwise, in passing of the said Ordinary Resolution.

By Order of the Board of Directors Sd/- (V.Kala) Company Secretary

Place: Mumbai Date: 14[th] October, 2022

Registered Office:

Bharat Bhavan, P. B. No. 688, 4 & 6 Currimbhoy Road, Ballard Estate, Mumbai 400 001 CIN: L23220MH1952GOI008931 Phone: 2271 3000 / 4000

Email: info@bharatpetroleum.in Website: www.bharatpetroleum.in

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Brief Resume of Director pursuant to Section 102 of the Companies Act, 2013 and Regulation 36(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Secretarial Standards on General Meeting issued by the Institute of Company Secretaries of India

egulations, 2015 and ompany Secretaries of	the Secretarial Standards on General Meeting issued by the Institute of India
Name	Shri Sukhmal Kumar Jain
Date of Birth	16.04.1965
Date of first Appointment	22.08.2022
Qualifications	B.E. (Mechanical) from Delhi College of Engineering, M.B.A. from
	S.P. Jain Institute of Management & Research
Experiencein	Shri Sukhmal Kumar Jain has held several leadership positions in Retail,
specific functional	LPG and Gas verticals of BPCL in his 35 years with the company. Before
areas	his appointment, he was Executive Director In-charge (Marketing
	Corporate) and prior to that he was the head of Gas Business Unit. In his
	illustrious career of over three decades, he has been actively involved in
	industry defining initiatives, like DBTL, Give it Up campaign and
	Pradhan Mantri Ujjawala Yojana, in LPG Business, and has successfully
	navigated the Strategy and Loyalty Programs in Retail Business. Under
	his leadership, Gas BU played an increasingly important role in
	supporting the Government's aim of developing India as a gas-based
	economy, which augurs widespread economic prosperity, while also
	reducing the nation's dependence on oil imports and contributing to
	reduction in carbon emissions.
Directorship held
in other	Nil
Companies
Relationship with
other Directors &	None
KMP
Listed Entities
from which the
person has resigned the directorship in	Nil
the past three years
Membership/	Member- BPCL
Chairman- ships of	1. Stakeholders’ Relationship Committee
Board Committees	2. BPCL Trust for Investment in Shares Committee
	3. Standing Committee of the Board for JVC Matters
	4. Standing Committee of the Board for Tenders
No. of Board
Meetings attended
during the financial
year 2022-23 (till	2
the date of issue of
this Notice of
Postal Ballot)
No. of shares held in BPCL	7525 Equity Shares
Terms of	As per the letter dated 22.08.2022 issued by the Ministry of Petroleum
Appointment	and Natural Gas, Government of India, Shri Sukhmal Kumar Jain
	is appointed as Director (Marketing) (Whole Time Director) till the date of
	his superannuation or until further orders, whichever is earlier. As
	BPCL is a Government of India Enterprise, his remuneration and other
	terms and conditions will be as per the applicable guidelines issued by
	Department of Public Enterprises from time to time.

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