CASTROLIND : OPEN OFFER FOR 26% STAKE WORTH OVER RS 495 CR

• Motion JVCo (Stonepeak) and PACs to make mandatory open offer for up to 25.71 Cr shares, 26% of equity share capital, at ₹199.45 per share • Maximum consideration ~₹5,129.29 Cr assuming full acceptance, payable in cash • Offer triggered by indirect acquisition of sole control; Castrol Limited as promoter holds 51%, rising to 77% on full acceptance, with no intention to delist • Offer price is ₹194.04 initial price plus ₹16.91 enhancement minus ₹11.50 dividend adjustment • Tendering period from December 24, 2026 to January 7, 2027; BSE is the designated stock exchange

Castrol India Ltd

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