Castrol India Limited has informed the Exchange about change in Management
CASTROLIND · price
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Castrol India's Board, at its meeting on 10 June 2025, approved the appointment of Mr. Vishal Thakkar as Interim Chief Financial Officer effective 12 June 2025, until a permanent CFO is appointed. Mr. Thakkar is a Chartered Accountant with 28 years of experience across India, Africa, UK and USA, and is currently the Head of Finance for Castrol Global Supply Chain, Procurement, Technology and Global Marketing since 2019. He originally joined Castrol India in 1999 and has held multiple senior finance roles within the BP/Castrol group. The Board also noted the resignation of Mr. Rohit Talwar, Vice President & Head – Marketing (a senior managerial personnel), with effect from 8 August 2025, as he has chosen to pursue opportunities outside the company.
These are internal management continuity actions with limited direct impact on shareholders. The interim CFO arrangement ensures finance leadership stability while a permanent replacement is finalised, and the marketing leadership transition may be monitored by investors but is not unusual for large FMCG/automotive companies.