Castrol India will hold a meeting of the Board of Directors of the Company on 3 February 2026.Powered by Capital Market - Live News

Following a strategic review of Castrol, bp has reached an agreement to sell a 65% shareholding in Castrol to Stonepeak, at an enterprise value of $10.1 billion. The transaction is expected to result in total net proceeds to bp of approximately $6.0 billion, which includes around $0.8 billion for the pre-payment of future dividend income over the short to medium term on bp`s retained 35% stake and other adjustments. The implied total equity value of Castrol is $8.0 billion after deducting JV minority interests totaling $1.8 billion, and other debt-like obligations of around $0.3 billion, and subject to customary adjustments. A significant proportion of Castrol JV minority interests relate to the shareholding in the publicly listed Castrol India. Upon completion of the transaction a new joint venture will be incorporated comprising a 65% Stonepeak and 35% bp ownership. bp`s retained stake provides exposure to Castrol`s growth plan over the coming years, which builds on a strong track record of nine quarters of consecutive year-on-year earnings growth. Following a two year lock-in period, bp has optionality to sell its 35% stake in Castrol. The transaction is expected to complete by end of 2026, subject to regulatory approvals. Powered by Capital Market - Live News

Net profit of Castrol India rose 9.82% to Rs 227.80 crore in the quarter ended September 2025 as against Rs 207.43 crore during the previous quarter ended September 2024. Sales rose 5.79% to Rs 1362.75 crore in the quarter ended September 2025 as against Rs 1288.18 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales1362.751288.18 6 OPM %23.6922.21 - PBDT333.04304.98 9 PBT307.87280.46 10 NP227.80207.43 10 Powered by Capital Market - Live News

Castrol India will hold a meeting of the Board of Directors of the Company on 4 November 2025.Powered by Capital Market - Live News

VinFast Auto India has signed a Memorandum of Understanding (MoU) with Castrol India, a premium lubricant manufacturer, to provide reliable and accessible after-sales support for its EV customers across the country. This reinforces VinFast`s long-term commitment to building a trusted service ecosystem for its EV owners in India.As part of the MoU, Castrol India will make selected Castrol Auto Service (CAS) workshops from its 750+ CAS network in 300+ cities available to VinFast customers. These outlets will feature dedicated VinFast-branded service bays, certified EV technicians, and genuine VinFast parts. VinFast will provide service manuals, diagnostic tools, training, and warranty coverage processes, while Castrol will ensure workshops meet infrastructure and capability standards. This collaboration will give VinFast customers access to Castrol`s well-established expertise, advanced service protocols, and digitally integrated workshop ecosystem. These capabilities guarantee consistent quality, transparency, and convenience at every service touchpoint. Castrol`s extensive footprint will enable VinFast to offer broad and convenient after-sales care for further strengthening customer confidence.Powered by Capital Market - Live News