Bharat PetroResources Limited (BPRL) is a wholly owned subsidiary company of Bharat Petroleum Corporation Limited and was incorporated in October 2006.

BPRL was set up with the objective of carrying out Exploration and Production activities.

It is registered with Corporate Identification Number (CIN): U23209MH2006GOI165152.

The Registered Office of the Corporation is at Bharat Bhavan, 4&6, Currimbhoy Road, Ballard Estate, Mumbai - 400001.

BPRL is a Central Public Sector Undertaking with authorised equity shares of Rs 20,000 crores and a subscribed share capital of Rs. 15,300 Crore as on 31.03.2026.

BPRL is managed by a Board of Directors. The present Board consists of the Managing Director and Director (Finance).

In addition, 1 part time Directors representing Government of India, through Ministry of Petroleum & Natural Gas and 2 Nominee Directors from Parent Company (BPCL) are on the Board.

The Organizational Chart as on 31.03.2026 is as below:

Board of Directors

Senior Management

The powers & duties of officers and employees of the Company are derived mainly from the provisions of the Companies Act, 2013 and Memorandum & Articles of Association of the Company. The employees of the Company are appointed for carrying out the business operations of the Company, which are in line with the objectives specified in the Memorandum of Association of the Company. The powers and duties of the officers and employees of the Company are in line with the job and functional requirements.

Overall management of the Company is vested with the Board of Directors of the Company, which is the highest decision-making body within the Company. As per the provisions of the Companies Act, 2013 certain matters require the approval of the shareholders of the Company in General Meeting. The Board of Directors is accountable to the shareholders of the Company. BPRL being a Public Sector Enterprise (PSE), the Board of Directors of the Company is also accountable to the Government of India.

The day-to-day management of the Company is entrusted to the Managing Director, the Whole Time Directors and other Officers of the Company, who exercise their decision-making as per delegation of powers. The company has well defined systems with respect to decision-making process.

The Board of Directors approves matters which are beyond the powers delegated to Managing Director.

The Company has well defined procedures and guidelines for smooth operations and its officers discharge their respective functions within the norms set through:

• Delegation of Powers issued to the Managing Director, Functional Directors and to the officers of the Company at various levels. The exercise of powers should not infringe upon different provisions of the Companies Act, Government Guidelines and any other statutory/regulatory requirement. The delegation of powers is subject to observance of Memorandum of Association, Articles of Association, relevant policy, guidelines and administrative instructions of the Company.
• Policies and Guidelines issued by the Company.
• Guidelines of Department of Public Enterprises.
• Guidelines of Chief Vigilance Commission.
• Compliance with provisions of Statutes, etc.

The overall objectives and framework of rules and regulations of the Company is laid down in the Memorandum and Articles of Association of the Company.

Each Department of the Company, while discharging its functions, is guided by manuals, policy and guidelines, which are periodically reviewed and updated. The conduct of the employees is regulated by the Employees’ (Conduct, Discipline and Appeal Rules) and Standing Orders.

In addition, the Company follows the directives and guidelines issued by the Government of India on various matters. The operations of the Company is also guided by the Memorandum of Understanding entered into with the Government of India.

The various categories of documents that are being held by the Company or under its control are given below:

• Memorandum & Articles of Association of the Company
• Books of Accounts maintained by the Company
• Annual Returns and Statutory Registers under the Companies Act, 2013
• Annual Reports of the Company
• Memorandum of Understanding (MOU) with the Ministry of Steel, Government of India
• Other registers and secretarial records required to be maintained under the Companies Act, 2013.

Being a commercial organization, BPRL does not have any arrangement for consultation with members of the public in formulation of its policies or implementation thereof. However, all its policies are formulated in compliance with provisions of applicable statutes, regulations, guidelines, etc.

Board of Directors is constituted following the provisions of the Companies Act, 2013 consisting of Functional Directors, Government of India nominees Directors and Parent Company Nominee Directors. The Board has constituted various committees with specific powers and distinct roles and responsibilities.

The names of the Board of Directors can be accessed on the website link: Click here

The meeting of the Board of Director and Committees of the Board are not accessible for public. Similarly the Minutes Books of the Board of Directors and Committees of the Board are not open for inspection by public.

Higher Officials of Bharat PetroResources Limited and their Power and Duties can be accessed from below link:

https://bharatpetroresources.in/RTI/RTI.aspx

Scales of pay for management staff can be accessed from below link:

https://bharatpetroresources.in/RTI/RTI.aspx

The Budget (Standalone Accounts) towards Plan outlays for FY 2025-2026 is given below:

(Rs in Crore)

BPRL does not have any subsidy schemes.

BPRL does not grant any concession, permits or authorization.

As part of better corporate governance, annual reports, composition of the Board, financial statements and other relevant documents are uploaded on the website of the Company at https://bharatpetroresources.in for reference by stakeholders.

BPRL is maintaining a website https://bharatpetroresources.in. Citizens desirous of obtaining information may visit the website.

BPRL does not maintain any library or reading room for public use.

Name, designation and other particulars of Public Information Officers can be accessed from below link:

https://bharatpetroresources.in/RTI/RTI.aspx

Process of Application under RTI

1. Introduction

Any citizen of India who desires to obtain any information under the Right to Information Act, 2005 may make a request preferably in the Application Format in writing or through electronic means to the Public Information Officer.

2. Application Fee

In accordance to directives given in the Gazette notification issued by Deptt. of Personnel & Training, Ministry of Personnel, Public Grievances and Pensions, Govt. of India, vide No.34012/8(s)/2005-Estt.(B) dated 16/09/2005, the application for obtaining information under sub-section (1) of section 6 must be accompanied by prescribed application fee drawn in favour of BPRL, payable at Mumbai.

Persons who belong to BPL category are not required to pay any fee provided necessary documents are produced in support of their claim. If the fee is to be paid in cash, the same can be deposited at the registered office of the company and receipt thereof should be enclosed along with the application for information.

3. Additional Fee

In case it is decided to provide the information, the requester shall be informed of the additional fees required to be deposited by him/her for the information sought and information shall be furnished after the deposit of the fee by the Requester, as per the Act.

In accordance to directives given in the above mentioned Gazette notification dated 16/09/2005, for providing the information under subsection (1) of Section 7 of the Act, an additional fee shall be charged. At present, the applicable rates, which are subject to change from time to time, are given as under:

Further, for providing the information under sub-section (5) of Section 7 of the Act, the fee shall be charged at the following rates:

The mode of payment of above mentioned additional fees shall be the same as application fee.

4. Grounds for Rejection of Request

Request for supply of any information/document falling under the following categories can be rejected:

• If exempted under the provisions of Section (8) of the Right to information Act, 2005.
• Infringing upon the copy right of any person other than the State (section 9) of the Right to information Act, 2005.

5. Time Limit to Get Information

• 30 days from the date of application.
• 48 hours for information concerning the life and liberty of a person.
• If the interests of a third party are involved then time limit will be 40 days.
• Failure to provide information within the specified period is a deemed refusal.

6. Appeal

In case the requester who does not receive a decision within the time specified in sub-section (1) or clause (a) of sub-section (3) of section 7 of the Act, or is aggrieved by a decision of the PIO, as the case may be, may within thirty days from the expiry of such period from the receipt of such a decision, prefer an appeal to the Appellate Authority for Redressal of the grievance.

For More Details on Right to Information Act, 2005 please visit https://rti.dopt.gov.in.