Kedar Lele, Managing Director, Castrol India has resigned from the company to pursue opportunities outside the company. He will step down at the end of business hours on 31 December 2025.

“In view of the above, the Board of Directors appointed Saugata Basuray as Interim CEO of the Company with effect from 1 January 2026 until a new Managing Director is appointed. Saugata Basuray will take on the role of Interim CEO in addition to his current role of Wholetime Director & Head B2C Sales and consequently he will be re-designated as ‘Wholetime Director & Interim CEO’ with effect from 1 January 2026," the company informed BSE and NSE.