Castrol India Limited Broad of Directors on Monday appointed Saugata Basu Ray as Wholetime Director of the company, for a term of five years, with effect from April 1, 2022, or obtaining Director Identification Number (DIN), whichever is later, and subject to the approval of the shareholders of the company at a general meeting.
“Mr. Saugata Basu Ray is a Chemical Engineer from the University of Pune (Maharashtra Institute of Technology) and an MBA from Symbiosis Institute of Business Management, Pune. He has a rich experience of more than 20 years in Castrol in sales, marketing, and business development across India, United Kingdom, Philippines and Indonesia,” company said in a filing on Monday.
In the last half hour of trade on Tuesday, Castrol India Ltd was trading at Rs123.60 per share down by Rs0.8 or 0.64% from its previous closing of Rs124.40 per share on the BSE.
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