Castrol India Confirms Stonepeak Gains Indirect 51 Percent Control After Closing

Stonepeak's Motion JVCo completed Oct 30 purchase of CGHL, indirectly acquiring sole control of promoter Castrol Ltd's 51% (50.44cr shares) in Castrol India; bp retains 35% non-controlling stake in acquirer via BPMH. Context: closes pending global sale flagged for end-2026.