Castrol India Limited has appointed Mr. Saugata Basuray as its Managing Director effective 1 June 2026 for a term of five years. The decision, taken by the Board of Directors on 28 May 2026, elevates the current Whole time Director & Interim Chief Executive Officer to the top leadership position. The appointment is subject to approval by shareholders and other statutory authorities.

The Board approved the tenure for five consecutive years, concluding on 31 May 2031. This decision follows the recommendation of the Nomination and Remuneration Committee. The company disclosed that Mr. Basuray is not related to any Director or Key Managerial Personnel of the company and is not debarred from holding the office of a Director by SEBI or any other authority.

Mr. Basuray brings over 26 years of experience across sales, marketing, and business leadership. He joined the company as a Management Trainee in 1999 after completing his MBA from Symbiosis Institute of Business Management (SIBM). His career includes roles in India and abroad, having worked in four countries across two continents.

Profile and Experience

Mr. Basuray's career includes a stint at Castrol's global headquarters in the UK, where he contributed to the marketing of Castrol Edge. He later led sales for the B2B channel and served as Head of Marketing for Castrol India. He also led operations in the Philippines and Indonesia as Managing Director of a joint venture. Prior to his interim role, he was Whole time Director and Head-B2C Business, driving the transformation of the company's go-to-market model and expanding its distribution network in rural India.

The Board meeting commenced at 2:45 P.M. IST and concluded at 3:00 P.M. IST on 28 May 2026. The filing was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Castrol India Limited has announced the appointment of Mr. Anoop Jindal as Vice President, B2B Sales-OEM & South Asia, effective from 1 June 2026. The Board of Directors approved this appointment based on the recommendation of the Nomination and Remuneration Committee on 20 May 2026. This decision follows the prior cessation of the office of the Vice President, B2B Sales.

Consequent to his new appointment, Mr. Jindal will cease to hold his current position as Vice President & Head-Customer Excellence & Operations at the close of business hours on 31 May 2026. The company stated that the vacancy in the position of Vice President & Head-Customer Excellence & Operations will be filled in due course and intimated separately to the stock exchanges.

Mr. Anoop Jindal brings extensive experience to his new role, possessing 26 years in sales, business development, channel management, and customer excellence. He holds a Bachelor’s degree in Mechanical Engineering from the National Institute of Technology (NIT), Kurukshetra, and an Executive MBA from Narsee Monjee Institute of Management Studies (NMIMS), Mumbai.

Career Trajectory

Mr. Jindal began his career with BPL Display Devices in 1999 and subsequently worked with Saint-Gobain Abrasives. He joined castrol in 2005 as a Key Accounts Manager. Over the years, he has held various senior roles spanning OEMs, strategic accounts, sales excellence, route-to-market, and customer operations.

In his recent capacity as Vice-President – Customer Excellence & Operations, Mr. Jindal led structural changes across the company's digital ecosystem. He has played a pivotal role in advancing Castrol’s digital agenda for influencer advocacy and loyalty programmes, as well as digital customer engagement.

Prior to leading customer operations, Mr. Jindal led the B2B business, driving performance through new customer acquisitions and distribution expansion across sectors such as franchise workshops, building and construction, mining, and fleet.