NSEUpdates29 Jun 2026 · 29 Jun 2026, 11:26 am
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Castrol India Limited · CASTROLIND
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Castrol India Limited has collaborated with Tata Motors to advance used oil circularity across the lubricant value chain through a pilot programme for responsible collection, channelisation, and recycling of used engine oil.
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Castrol India Limited has informed the Exchange regarding 'Press Release titled Tata Motors and Castrol India collaborate to advance used oil circularity across the lubricant value chain'.
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castrol.co.in
29 June 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G,
Dalal Street, Bandra Kurla Complex, Bandra East,
Mumbai – 400 001 Mumbai – 400 051
Scrip Code: 500870 Scrip Symbol: CASTROLIND
Dear Sir/Madam,
Sub.: Press Release
Please find enclosed herewith the Press Release titled “Tata Motors and Castrol India
collaborate to advance used oil circularity across the lubricant value chain”.
The same will also be made available on the Company’s website at:
https://www.castrol.com/en_in/india/home/about-castrol/newsroom.html
This is for your information and records.
Thank You.
Yours faithfully,
For Castrol India Limited
Hemangi Ghag
Company Secretary & Compliance Officer
Encl.: A/a
Registered address:
Castrol India Limited
CIN: L23200MH1979PLC021359
Technopolis Knowledge Park, Mahakali Caves Road, Andheri (East), Mumbai – 400093
Tel: +91 22 7177 7111 / Fax: +91 22 6698 4101
Customer Service Toll Free No: 1800222100 / 18002098100
Tata Motors and Castrol India collaborate to advance used oil circularity
across the lubricant value chain
• Collaboration to establish a structured, pilot programme for responsible collection, channelisation
and recycling of used engine oil
Mumbai / Pune, 29 June 2026: Tata Motors, India’s leading commercial vehicle manufacturer and Castrol India
Limited, a market leader in advanced automotive and industrial lubricant technology, have signed a
memorandum of understanding (MoU) to jointly launch a pilot programme for used oil circularity ecosystem.
Under this MoU, the two companies will build a traceable system for collecting, storing and channelising used
engine oil from Tata Motors' authorised service network in Karnataka. The pilot addresses a long-standing gap
in the responsible management of used oil, a material classified as hazardous waste.
Speaking on this development, Mr. Vikram Agrawal, Head–Spares and Non-Vehicle Business, Tata Motors
Commercial Vehicles, said, “Responsible used-oil management is central to building a truly circular automotive
ecosystem in India. The volume of used engine oil generated across India’s roads each year makes responsible
collection and recycling a matter of significant environmental consequence. By partnering with Castrol India, we
are creating a credible, scalable model that links responsible collection at our service touchpoints to high-quality
re-refined output. This is a meaningful step in Tata Motors’ broader sustainability journey.”
Mr. Anoop Jindal, Vice President–B2B (OEM) Sales, Castrol India Limited, said, “Creating a circular
economy for lubricants requires collaboration across the entire value chain. This association with Tata Motors
marks our first OEM collaboration focused on building a structured ecosystem for responsible used-oil
management in India. We are working to strengthen every link in the circularity chain, from collection and
channelisation to recycling and reuse. Insights from our used-oil collection pilots in southern India have
deepened our understanding of both the opportunities and challenges involved in scaling circularity. Together
with Tata Motors’ extensive service network, this initiative can help create a more organised, traceable and
scalable model for used-oil circularity in India.”
For the pilot programme, Tata Motors' authorised sales and service touchpoints in Karnataka will act as
structured collection points for used engine oil. Castrol India will anchor the channelisation of collected oil to
registered recyclers, drawing on its lubricant expertise and existing pilot learnings to ensure quality and
traceability through the recycling process.
The MoU builds on the long-standing relationship between Tata Motors and Castrol India and reflects the shared
commitment to advancing sustainability through innovation and collaboration. This initiative complements Tata
Motors’ broader sustainability agenda encompassing electric vehicles, CNG platforms and energy-efficient
mobility solutions and aligns with Castrol India’s strategy to embed recycled materials in high-performance
lubricant products.
About Tata Motors
Part of the USD 180 billion Tata Group, Tata Motors Ltd., (BSE: Scrip code 544569; NSE: Scrip code TMCV) is India’s largest and a globally renowned
manufacturer of utility vehicles, pick-ups, trucks, and buses. With over eight decades of leadership in commercial mobility, the company is known for its
innovation, reliability, and performance. Its advanced powertrains, connected technologies, and intelligent fleet solutions support a wide range of
applications—from last-mile delivery to public transport while seamlessly driving the wheels of the nation’s economy. Guided by its brand promise Better
Always, Tata Motors delivers future-ready solutions that enhance customer experience and drive sustainable growth. The company operates in India and
South Korea, with a global presence across Africa, the Middle East, Latin America, Southeast Asia, and SAARC countries.
As per the Composite Scheme of Arrangement sanctioned by the Hon’ble National Company Law Tribunal, Mumbai Bench—amongst Tata Motors Limited,
TML Commercial Vehicles Limited (the Company) and Tata Motors Passenger Vehicles Limited—the Company’s name was changed to Tata Motors
Limited from TML Commercial Vehicles Limited (effective 29th October 2025), and its equity shares are listed on the BSE Ltd and the National Stock
Exchange of India Limited.
About Castrol India Limited:
Castrol India Limited, part of the bp group, is a leading lubricant company with a 115-year presence in India. Known for its innovation and high-performance
products, Castrol offers trusted brands like Castrol CRB, Castrol GTX, Castrol Activ, Castrol MAGNATEC, Castrol EDGE, and Castrol POWER1. Serving
various sectors including automotive, mining, machinery, and wind energy, Castrol India operates three blending plants and a wide distribution network,
reaching over 150,000 retail outlets nationwide. Globally, Castrol has been driving technological advancements for 125 years. For more information, please
visit www.castrol.in.