Castrol India Limited has informed the Exchange regarding 'Press Release as enclosed.'.
CASTROLIND · price
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Castrol India has announced a major product portfolio upgrade by transitioning its flagship Castrol Activ (two-wheeler) and Castrol GTX (four-wheeler) ranges to full synthetic formulations. The Castrol Activ Full Synthetic launches include 10W-30 and 5W-30 viscosities, offering 20% improved engine, clutch, and gearbox protection. For four-wheelers, Castrol GTX Full Synthetic introduces 5W-30 and 0W-20 viscosities targeting the growing low-viscosity segment. The company claims this move brings full synthetic technology to mass market segments, positioning Castrol as a disruptor in the Indian lubricants market. The products will be available across 150,000+ retail outlets and online platforms.
This product upgrade to full synthetic formulations is a positive portfolio move targeting higher-margin premium products. While no immediate financial impact is specified, the company is expanding its addressable market in the fast-growing full synthetic segment.