Castrol India Limited
Castrol India Ltd is principally engaged in the business of manufacturing & marketing of automotive and industrial lubricants and related services.
What Castrol files
- Others71
- Investor Meet28
- Important16
- Board Meeting11
- Dividend/Bonus10
- Updates8
Castrol India is seeking shareholder approval via postal ballot for the appointment of Mr. Saugata Basuray as Managing Director. This is a key leadership development for the company.
Motion JVCo Limited launched an open offer for 26% of Castrol India shares at INR 194.04/share, valuing it at up to INR 4,990.16 Cr. This stems from an indirect acquisition of Castrol Limited from BP p.l.c., indicating a significant ownership shift.
BP is selling a 65% shareholding in Castrol to Stonepeak for an enterprise value of $10 billion. BP will receive ~$6 billion in net proceeds, earmarked for debt reduction, and will retain a 35% stake in the new joint venture. This impacts Castrol India Limited's minority interests.
Castrol India expanded its Auto Care portfolio by launching a new Aesthetic Care range, including shampoo, wax, glass cleaner, and dash/leather dresser. This move simplifies vehicle maintenance for owners at home, deepening its market presence in the wider vehicle care ecosystem.
Castrol India launched a Helmet Cleaner, expanding its Auto Care portfolio. This targets Indian two-wheeler riders, opening a new, repeat-use category and strengthening Castrol's position as a complete Auto Care brand.