Castrol India Limited — QIP/Rights/Pref., 24-12-2025: Public Announcement-Open Offer

Motion JVCo announced an open offer for 25.71 Cr Castrol India shares (26%) at INR 194.04 each, totaling INR 4,990.16 Cr. This follows an indirect acquisition of 51%. Post-offer, acquirer stake could hit 77%, impacting public shareholding. The detailed offer timeline depends on the underlying transaction completing.