Board proposes Price Waterhouse as statutory auditor for five years

Management Changes View source PDF Explain this filing

CASTROLIND · price

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Price reactionminutes from the announcement price · days from the prior close

-1.7%Reaction day

₹194.30

prior close

₹190.55

announcement price

After-mkt

timing

Nifty Smallcap 250market+1.1%-2.8% vs market

Lubricants peers, median of 5sector+1.1%-2.8% vs sector

On the reaction day the stock moved 2.8 pts less than Nifty Smallcap 250 and 2.8 pts less than its Lubricants peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.4

10m

-3.2

15m

-1.5

30m

-1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.7+1.1-2.8+1.1-2.8

Next day

-2.7+3.3-6.1+3.4-6.2

-2.9pendingpending+2.0-4.9

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15d

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UpDownMarket · Nifty Smallcap 250Sector · Lubricants peers, median of 5Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Price Waterhouse was appointed as statutory auditor for five years from the 2027 AGM through the 54th AGM, subject to shareholder approval. Deloitte Haskins & Sells will retire after completing its second five-year term at the 49th AGM. In the quarter ended 30 September 2026, revenue rose 27% to Rs 1,735 crore, but EBITDA fell 19% to Rs 262 crore. Nine-month revenue rose 20% to Rs 5,151 crore and EBITDA rose 11% to Rs 1,086 crore.

Likely market impact

Planned auditor rotation, not a resignation. Strong sales growth was offset by lower quarterly EBITDA, so the near-term stock impact may be mixed.