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Castrol India Announces Leadership Transition with Interim CEO Appointment

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Castrol India Announces Leadership Transition with Interim CEO Appointment

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Castrol India Limited ( (IN:CASTROLIND) ) has shared an announcement.

Castrol India Limited announced a significant management change following the resignation of Managing Director Mr. Kedar Lele, effective 31 December 2025. Mr. Saugata Basuray has been appointed as the Interim CEO starting 1 January 2026, while continuing his role as Wholetime Director & Head B2C Sales. This transition is expected to ensure continuity in leadership and operations as the company searches for a new Managing Director.

More about Castrol India Limited

Castrol India Limited operates in the automotive and industrial lubricant industry, providing a range of high-performance oils, fluids, and lubricants. The company focuses on serving the automotive sector, including passenger cars, commercial vehicles, and industrial machinery.

Average Trading Volume: 128,236

Technical Sentiment Signal: Hold

Current Market Cap: 198.4B INR

For a thorough assessment of CASTROLIND stock, go to TipRanks’ Stock Analysis page.

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