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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Earnings Impact2/10
Growth Catalyst8/10
Governance Concern1/10
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Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10

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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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CASTROLINDIA_29062026112634_PR.pdf

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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.