Sale2 Nov 2026, 04:21 pm
Castrol India: BP plc Sells 51% Stake for ₹494.56 Cr
AI Summary
BP p.l.c. has completed the indirect sale of 50,44,52,416 equity shares of Castrol India Limited, representing 51% of the total paid-up equity share capital. The transaction, valued at INR 494,56,11,920 (₹494.56 Crore), was executed through an indirect transfer of equity shares and control to Motion JVCo Limited. Following the sale, BP p.l.c. no longer holds any shares in Castrol India Limited.
Key Highlights
- BP plc sold 51% stake in Castrol India.
- Transaction value: ₹494.56 Crore.
- Sale was an indirect transfer of equity shares.
- BP plc's holding reduced to Nil.
- Acquisition completed on October 30, 2026.
Price Impact
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