Castrol India updates KMP details for materiality determination
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.

*this image is generated using AI for illustrative purposes only.
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?































