Castrol India announced that Ki Mobility Solutions has undergone corporate restructuring through a composite scheme of arrangement (demerger and amalgamation) (restructuring scheme), following which Ki Mobility Solutions has amalgamated with TVS Automobile Solutions (TASPL). Accordingly, the company`s rights and percentage shareholding (7.09%) in Ki Mobility Solutions remains the same in TASPL except the number of shares which are allotted today, 28 November 2024 by TASPL pursuant to restructuring scheme. Powered by Capital Market - Live News

Castrol India has appointed Kedar Lele as its new Managing Director, effective 1 November 2024.Powered by Capital Market - Live News

Net profit of Castrol India rose 6.69% to Rs 207.43 crore in the quarter ended September 2024 as against Rs 194.42 crore during the previous quarter ended September 2023. Sales rose 8.90% to Rs 1288.18 crore in the quarter ended September 2024 as against Rs 1182.92 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1288.181182.92 9 OPM %22.2122.70 - PBDT304.98286.38 6 PBT280.46263.51 6 NP207.43194.42 7 Powered by Capital Market - Live News

Castrol India will hold a meeting of the Board of Directors of the Company on 24 October 2024.Powered by Capital Market - Live News

Castrol India has expanded its Auto Care product range with the introduction of two new additions, the Castrol Microfibre Cloth and the Castrol Shiner Sponge. These additions complement the existing range of Castrol Chain Cleaner, Castrol Chain Lube, Castrol 3-in-1 Shiner, Castrol 1-Step Polishing Compound and Castrol Anti-Rust Lubricant Spray. Designed to provide exceptional cleaning and polishing results for both interior and exterior surfaces of vehicles, the Castrol Microfibre Cloth and the Castrol Shiner Sponge offer comprehensive solution for vehicle maintenance.Powered by Capital Market - Live News