Castrol India and Tata Motors pilot used oil circularity in Karnataka

1 min read     Updated on 30 Jun 2026, 05:09 AM
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Castrol India Limited and Tata Motors have signed an MoU to launch a pilot programme for a used oil circularity ecosystem in Karnataka. The initiative will use Tata Motors' service network as collection points and Castrol India's expertise to channelise oil to registered recyclers. This collaboration aims to create a traceable and scalable model for managing hazardous used oil responsibly.

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Castrol India Limited and Tata Motors have signed a memorandum of understanding (MoU) to jointly launch a pilot programme for a used oil circularity ecosystem. The collaboration aims to establish a structured, traceable system for the responsible collection, channelisation, and recycling of used engine oil from Tata Motors' authorised service network in Karnataka. This initiative addresses the long-standing gap in managing used oil, a material classified as hazardous waste, by creating a credible and scalable model linking collection to high-quality re-refined output.

Under the agreement, Tata Motors' authorised sales and service touchpoints in Karnataka will serve as structured collection points for used engine oil. Castrol India will anchor the channelisation of the collected oil to registered recyclers. The pilot leverages Castrol India's lubricant expertise and insights from previous used-oil collection pilots in southern India to ensure quality and traceability throughout the recycling process.

Strategic Collaboration for Sustainability

The MoU builds on the existing relationship between the two companies and reflects a shared commitment to advancing sustainability through innovation. The initiative complements Tata Motors' broader sustainability agenda, which includes electric vehicles, CNG platforms, and energy-efficient mobility solutions. It aligns with Castrol India's strategy to embed recycled materials in high-performance lubricant products.

Aspect Details
Partners Tata Motors, Castrol India Limited
Region Karnataka
Objective Used oil circularity ecosystem
Key Activity Collection, channelisation, and recycling of used engine oil

Executive Commentary

Mr. Vikram Agrawal, Head–Spares and Non-Vehicle Business, Tata Motors Commercial Vehicles, emphasised the environmental significance of the partnership. He stated that responsible used-oil management is central to building a circular automotive ecosystem in India. He noted that the volume of used engine oil generated annually makes responsible collection and recycling a matter of significant environmental consequence, and this partnership creates a scalable model for high-quality re-refined output.

Mr. Anoop Jindal, Vice President–B2B (OEM) Sales, Castrol India Limited, highlighted that creating a circular economy for lubricants requires collaboration across the entire value chain. He described this association as Castrol India's first OEM collaboration focused on building a structured ecosystem for responsible used-oil management in India. He added that insights from previous pilots have deepened the understanding of the opportunities and challenges in scaling circularity.

Historical Stock Returns for Castrol

1 Day5 Days1 Month6 Months1 Year5 Years
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What metrics will be used to evaluate the success of the Karnataka pilot before potential expansion to other regions?

How will the collected used oil be certified to ensure it meets high-quality re-refining standards?

Could this partnership model be extended to include other OEMs to create a nationwide circular ecosystem?

Castrol India updates KMP details for materiality determination

0 min read     Updated on 26 Jun 2026, 02:07 AM
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Castrol India Ltd updated the Key Managerial Personnel authorized to determine materiality of events and make disclosures to stock exchanges. The Chief Financial Officer is the primary authority, with the Managing Director authorized in the CFO's absence.

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Castrol India Ltd has updated the details of Key Managerial Personnel (KMPs) authorized to determine the materiality of events or information and for making disclosures to stock exchanges. The company communicated this update to the BSE Limited and the National Stock Exchange of India Limited on June 25, 2026, pursuant to Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The disclosure identifies the specific officers responsible for assessing materiality and ensuring compliance with disclosure requirements. The updated list designates the Chief Financial Officer (CFO) as the primary authority. In the absence of the CFO, the Managing Director is authorized to determine materiality and make necessary disclosures.

The following table outlines the designated personnel and their contact details:

Key Managerial Personnel Contact Number
Chief Financial Officer (CFO) +91 22 71777111
Managing Director – in absence of CFO

This information is also available on the company's official website. The filing was signed by Hemangi Ghag, Company Secretary & Compliance Officer, on behalf of Castrol India Limited.

Historical Stock Returns for Castrol

1 Day5 Days1 Month6 Months1 Year5 Years
+0.07%-1.72%+0.26%-3.32%-17.92%+29.67%

What specific corporate governance improvements or regulatory changes prompted this update to the materiality determination protocol?

How might this clearer delegation of authority impact the speed and accuracy of future material disclosures from Castrol India?

Does this change in internal hierarchy signal any upcoming shifts in the company's senior leadership or strategic direction?

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