Castrol India Limited informed that in accordance with the letter received from Castrol Limited (UK) (Promoter of the Company) pursuant to Article 112 of the Articles of Association of Castrol India Limited ("Company"), a copy of which is enclosed, Mr. Ramchander Avanavadi ceases to be Nominee Director on the Board of Directors ("Board") of the Company with effect from 30 September 2022. Further, Castrol Limited (UK) has nominated Ms. Nicola Buck in place of Mr. Avanavadi as Nominee Director on the Board of the Company. Ms. Nicola Buck's appointment as a Nominee Director is subject to the approval of the Board, obtaining of Director Identification Number and completion of other applicable statutory requirements in relation to her appointment.

The Company shall intimate the Stock Exchanges about the appointment of Ms. Nicola Buck as the Nominee Director on the Board once the appointment has been approved by the Board.