CASTROLINDNSECastrol India LimitedMinimalNeutral
Announced Mon, 30 Mar · 19:16 IST

Castrol India Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on March 30, 2026. Further, the company has informed the Exchange regarding voting results.

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₹173.66
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AI summary

Castrol India held its 48th Annual General Meeting on March 30, 2026, via video conferencing, and all four resolutions were passed with overwhelming shareholder support. Resolution 1 (adoption of audited financial statements for FY ended December 31, 2025) was approved with 99.94% votes in favor. Resolution 2 declared a final dividend of Rs. 5.25 per equity share for FY 2025 and was passed with 99.99% approval. Resolution 3, the re-appointment of Mr. Kartikeya Dube (DIN: 00929373) as a director retiring by rotation, received 99.51% support. Resolution 4, ratifying remuneration for cost auditors M/s. Kishore Bhatia & Associates for FY 2026, was approved with 99.99% votes in favor. Out of 5,56,350 shareholders on record, about 70.46% of outstanding equity shares participated in voting, with promoters holding roughly 51% of total equity backing all resolutions unanimously.

Likely market impact

Shareholders can expect the declared final dividend of Rs. 5.25 per share to be paid out per the company's announced timeline. The smooth passage of all resolutions, including a strong vote for the director's re-appointment and dividend approval, signals stable governance and shareholder confidence, with no material negative impact on the stock expected.