Castrol India Limited has informed the Exchange regarding a press release dated August 01, 2025, titled "Castrol India launches upgraded MAGNATEC engine oil range with latest global API SQ specification".
CASTROLIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Castrol India has launched an upgraded version of its MAGNATEC engine oil range, becoming the first company to bring the latest global API SQ specification to the Indian market. The API SQ standard was introduced globally only in April 2025 by the American Petroleum Institute, and Castrol says it is manufacturing the new range locally in India. Key benefits include stronger wear protection, better fuel efficiency, enhanced catalytic converter defence, and compatibility with India's E20 fuel blend. The new range will be available in 0W-20, 5W-30, and 5W-40 grades at retail outlets and workshops across India over the coming weeks.
This is a positive product innovation update that strengthens Castrol India's premium positioning and could support volume growth in the passenger car lubricant segment, though it is unlikely to move the stock significantly on its own as no revenue or guidance numbers were disclosed.