Presentation_ONGC_Company survay and BoD

1. About Company :
 Maharatna ONGC is the largest producer of crude oil and natural gas in India,
contributing around 70 per cent of Indian domestic production. The crude oil is the
raw material used by downstream companies like IOC, BPCL, HPCL to produce
petroleum products like Petrol, Diesel, Kerosene, Naphtha, Cooking Gas-LPG
 Ranked ONGC 26th among the biggest publicly traded global giants. It is most
valued public enterprise in India, and one of the highest profit-making and dividend-
paying.
Board Of Directors
As on 21st March 2016, the strength of the Board of Directors is 12 members,
comprising of 7 Functional Directors (including the Chairman & Managing Director) and 5
Non-executive Directors (comprising 2 part-time official nominee Directors and 3 part time
non official Directors) nominated by the Government of India.
1. Dinesh K Sarraf (Chairman & Managing Director)
Mr. Sarraf graduated in Commerce from Shri Ram College of Commerce, Delhi
University and holds a post graduate degree in Commerce from the same University. He
is an associate member of the Institute of Cost and Works Accountants of India and the
Institute of Company Secretaries of India.
Oil and Natural Gas Corporation

2. 
He has experience of over three and half decades in the oil and gas industry, having started
his oil and gas career in Oil India Ltd. He joined ONGC in 1991 and handled various key
assignments at corporate offices. He was elevated to the post of Director (Finance) in ONGC
Videsh in 2005 where he served till 2007. In March, 2014, he joins back ONGC as its
Chairman & Managing Director.
2. Mr. Shashi Shanker (T&FS)
With an impressive professional experience of over three decades with ONGC, Mr.
Shanker has wide exposure in diverse E&P activities and has been at the helm of drilling
operations in various challenging assignments. Having spent twelve years at the Mumbai
Offshore fields .Mr. Shanker did his General Management Training from IIM, Lucknow
and Leadership Development Programme at ISB, Hyderabad under "Shangsaptak"
programme.
3. Tapas Kumar Sengupta(Director Offshore)
Tapas Kumar Sengupta is one of the select club of production engineers who has a
balanced exposure to both onshore and offshore oilfields operation. His onshore experience
portfolio comprises of Well Services in Gujarat and Assam for 11 long years and 4 years in
Sudan as part of ONGC Videsh. 18 years in Offshore fields off Mumbai, he served for 12
years in Mumbai High in Well Services, successfully handling a number of production-
enhancement assignments. He is first-class Chemical engineering graduate from Jadavpur
University, Calcutta.
4. Desh Deepak Misra(Human Resource)
A Masters in Public Administration from the University of Lucknow, he joined ONGC in
January 1985. Starting his career from the Baroda office of ONGC. He is the recipient of the
‘Young Executive of the Year’ award and has been instrumental in ONGC securing the ‘Earth
Care Award - 2008’ for mitigating Greenhouse Gas Emissions.

3. 
4. Desh Deepak Misra(Human Resource)
A Masters in Public Administration from the University of Lucknow, he joined ONGC
in January 1985. Starting his career from the Baroda office of ONGC. He is the recipient of
the ‘Young Executive of the Year’ award and has been instrumental in ONGC securing the
‘Earth Care Award - 2008’ for mitigating Greenhouse Gas Emissions.
5. Ajay Kumar Dwivedi (Exploration)
Mr. Dwivedi has a distinguished career of more than 34 years in ONGC, holding key
exploration-related assignments at different work centers starting from Mumbai, moving to
Dehradun in North, to Chennai in South, then Jorhat in the east, Vadodara in the west and
as Basin Manager MBA Basin, Kolkata, before finally taking over Western Offshore as
Basin Manager.
6. Ved Prakash Mahawar (Onshore)
As Director (Onshore), a board level position, he is directly looking after all the
Onshore operations spread across the country which significantly contribute towards
ONGC's overall physical performance. 33 years of vast experience of managing drilling
and operational functions, holding various key positions across vast spectrum of oil field
activities.
7. A K Srinivasan(Finance)
A K Srinivasan, an IIM Bangalore alumnus, is an accomplished finance professional
with experience of over 31 years in upstream oil and gas finance.
Mr Srinivasan played a pivotal role in international fund raising during the ONGC Videsh
bond issue, securing over USD 700 mn worth of credits for the overseas subsidiary of
ONGC.

4. 
Government Nominee
8. Amar Nath(Joint Secretory Exploration)
Mr. Amar Nath, IAS Officer (1994 AGMUT Cadre) is a Bachelor of Science
(Mechanical Engineering) from National Institute of Technology, Kurukshetra,
Kurukshetra University and MA (International Development Policy) from Duke
University, USA.
9. Ajay Sawhney(Additional Secretoty)
IAS Officer of Andhra Pradesh cadre (1984 batch) is a Mechanical Engineer. Mr.
Sawhney has handled various assignments in the State of Andhra Pradesh, covering
land administration, law and order and quasi-judicial functions.
Permanent Invitees
10. Narendra K Verma (MD OVL)
Managing Director of OVL, before joining the Board of Directors of ONGC, he
was the Director (Exploration) for ONGC Videsh Limited with the responsibility of
development and implementation of Exploration strategy and Business
Development for the growth of the Company.
Independent Directors
11. Ajai Malhotra
M.A. in Economics from The Delhi School of Economics, University of Delhi. He
joined the Indian Foreign Service (IFS) in 1977.
12. K.M. Padmanabhan
Chartered Accountant in practice for more than 27 years and is the Senior
Partner of SRINIVAS and PADMANABHAN, Chartered Accountants, Chennai. He
has been a regular Visiting Faculty in the area of Finance and Accounting at Indian
Institute of Management (Indore), Indian Institute of Management (Raipur), Institute
for Financial Management and Research (IFMR), RBI Staff Training College.

5. 
 Promoter and Promoter Group
 Non Promoters
Shareholdings
Sr. No. Name of Share
holder
Total Share Held Percentage of total Shares
1. President of India 5,897,676,260 68.93%
Sr. No. Name of Share holder Total Share Held Percentage of total shares
1. GAIL(INDIA)LIMITED 205,601,068 4.40%
2. Life Insurance Corporation
of India
740,968,234 15.67%
3. INDIAN OIL
CORPORATION LIMITED
657,923,428 11%
Total
8,55,54,90,120 100%