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Leadership Transition at Castrol India: Managing Director Resigns, Interim CEO Appointed

Story Highlights
  • Castrol India Limited’s Managing Director, Mr. Kedar Lele, resigns effective December 31, 2025.
  • Mr. Saugata Basuray appointed as Interim CEO from January 1, 2026, ensuring continuity.
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Leadership Transition at Castrol India: Managing Director Resigns, Interim CEO Appointed

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An update from Castrol India Limited ( (IN:CASTROLIND) ) is now available.

Castrol India Limited announced the resignation of its Managing Director, Mr. Kedar Lele, effective from December 31, 2025, as he leaves to pursue other opportunities. In response, the Board of Directors has appointed Mr. Saugata Basuray as the Interim CEO, effective January 1, 2026, while he continues his role as Wholetime Director & Head B2C Sales. This leadership transition is expected to maintain operational continuity while 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 lubricants and related services. The company focuses on the Indian market, catering to both consumer and business segments with products designed to enhance vehicle performance and longevity.

Average Trading Volume: 128,236

Technical Sentiment Signal: Hold

Current Market Cap: 198.4B INR

Find detailed analytics on CASTROLIND stock on TipRanks’ Stock Analysis page.

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