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Castrol India clarified it is not involved in any negotiations despite reports of a strategic transaction linked to its business, following its parent bp p.l.c.’s global review of the Castrol lubricants segment. The company confirmed there is no undisclosed information behind recent share price changes and emphasized bp’s ongoing commitment to boosting Castrol’s growth in mobility, industrial lubricants, and data centre fluids. This update aims to provide transparency amid market speculation and reassure investors about the company’s direction.