Castrol India Limited (CASTROLIND) — Announcement | 29 June 2026

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📢 Key Event
Castrol India and Tata Motors signed MoU for used oil circularity pilot in Karnataka

💡 Investor Takeaway
This partnership creates a scalable used oil recycling model that may enhance Castrol's sustainability credentials and open new revenue streams from waste management.

Castrol India announced a memorandum of understanding with Tata Motors to establish a pilot programme for used oil circularity in Karnataka, creating a traceable system for collecting, channelising, and recycling used engine oil from Tata Motors' authorised service network, addressing hazardous waste management and advancing sustainability in the lubricant value chain.

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About Castrol India Limited (CASTROLIND)

Oil Gas & Consumable Fuels · Petroleum Products · Listed on NSE

Market Cap: ₹17,946.64 Cr P/E: 18.7

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