Shares of Oil and Natural Gas Corporation Limited rose 1.59 per cent to ₹249.90 on the BSE at 11 AM on Friday, after the company announced that Shri Arunangshu Sarkar, Director (Strategy & Corporate Affairs), has been appointed as the interim Director (Technology & Field Services) on January 2.

According to its exchange filing, this appointment follows a letter from the Ministry of Petroleum and Natural Gas, dated December 30, 2024, and became effective from January 1, 2025.

• Read also: EV financier Mufin Green secures $18m US Development Finance Loan

Further, Shri Sarkar will hold this additional responsibility for three months or until a permanent appointment is made, whichever comes first.

The stock hit a 52-week high of ₹344.60 on August 1, 2024 and it hit a low of ₹209.40 on January 4, 2024 on the BSE.