Castrol India: Motion JVCo Ltd Acquires 51% Stake

Castrol India Limited has announced that Motion JVCo Ltd, along with its persons acting in concert (PACs), has acquired a 51.00% stake in the company. This acquisition, effective October 30, 2026, involves 50,44,52,416 equity shares. Consequently, Motion JVCo Ltd has indirectly acquired the right to direct the exercise of voting rights and sole control over Castrol India Limited. This disclosure is made under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.