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Castrol India LimitedOthers, 25-03-2025: Shareholders meeting

25-03-2025 · 06:43 pm

Castrol India Limited has announced a board meeting to discuss the proceedings of its 47th Annual General Meeting (AGM). The meeting was conducted virtually, with Mr. Rakesh Makhija, Chairman, leading discussions on the company's business performance and strategic direction. Highlights included increased revenue, a profit before tax in 2024, and a special dividend of INR 4.5 per equity share, totaling INR 13 for the year to celebrate Castrol's 125-year journey. Future product launches were emphasized as part of the company’s evolution. The AGM included resolutions for financial statements adoption and director appointments. This update reinforces a positive outlook for investor sentiment amid strong financials and strategic innovation.

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