BP sells 11.5% stake in Castrol India for ₹2k cr
UK-based oil major BP has sold an 11.5% stake in Castrol India to a "range of domestic and international investors" for about ₹2,075 crore, the company said. Castrol India manufactures and markets automotive, industrial and marine lubricants in India and has three manufacturing plants located in Silvassa, Patalganga and Paharpur. BP previously held a 70.92% stake in Castrol India. 