Castrol India Limited has disclosed the voting results and scrutinizer's report for the postal ballot conducted to seek shareholder approval for the appointment of Mr. Saugata Basuray (DIN: 09522239) as Managing Director of the Company.

Key Resolution Details

  • Resolution: Appointment of Mr. Saugata Basuray as Managing Director with effect from 1 June 2026 for a term of 5 consecutive years
  • Resolution Type: Ordinary Resolution
  • Record Date: 17 July 2026
  • Total Shareholders on Record Date: 551,355

Voting Process Details

  • Voting Method: Remote e-voting through Central Depository Services (India) Limited (CDSL)
  • Voting Period: Commenced at 9:00 a.m. IST on Friday, 24 July 2026 and concluded at 5:00 p.m. IST on Saturday, 22 August 2026
  • Scrutinizer: Mr. K.G. Saraf, Proprietor of M/s. Saraf and Associates, Company Secretaries
  • Regulatory Compliance: Filed under Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Voting Results

  • Total Members Voted: 2,602
  • Total Equity Shares Voted: 70,23,43,433 shares (Face Value: ₹5 each)
  • Invalid Votes: None
  • Valid Votes: 70,23,43,433 shares

Resolution Outcome

Votes in Favor:

  • Number of Members: 2,413
  • Number of Shares: 70,05,55,822
  • Percentage of Valid Votes: 99.7455%

Votes Against:

  • Number of Members: 189
  • Number of Shares: 17,87,611
  • Percentage of Valid Votes: 0.2545%

The ordinary resolution has been passed by the members with requisite majority as the votes cast in favor exceeded those cast against the resolution.

Additional Information

  • The voting results and scrutinizer's report are displayed on the company website at https://www.castrol.com/en_in/india/home/investors/general-meeting.html under Postal Ballot 2026
  • The documents are also available on the company's notice board at its Registered Office and on CDSL's website www.evotingindia.com
  • The scrutinizer has confirmed that all electronic data and relevant records will be handed over to the company for safe preservation after the Chairman signs the Minutes
  • Votes of members who partially voted in favor and against the same resolution were considered separately