Castrol India Limited — Others, 24-12-2024: Resignation

Mr. Deepesh Baxi will step down as Chief Financial Officer and Wholetime Director of Castrol India Limited, effective from the close of business hours on 13 March 2025, to pursue opportunities outside the company. His departure concludes a significant tenure in which he contributed to the company’s financial leadership. This change in management could lead to a period of transition, potentially impacting operational continuity. Investors may view this as a potential risk, depending on the company's strategy for succession and management stability moving forward.