Castrol India Limited has announced the resignation of Mr. Jyoti Prakash, who held the position of Vice President & Head – Supply Chain. Mr. Prakash is stepping down to pursue opportunities elsewhere, with his last day being January 14, 2027. The company has stated that Mr. Prakash will continue in his role until this date to ensure a smooth transition and facilitate management of change.
Senior Management Change at Castrol India
Castrol India Limited has formally informed the stock exchanges about the resignation of a key member of its senior management. Mr. Jyoti Prakash, who served as the Vice President & Head – Supply Chain, has tendered his resignation from the company. This decision comes as Mr. Prakash intends to pursue opportunities outside of the organization.
Transition Details
The resignation will be effective from the close of business hours on January 14, 2027. To ensure a seamless handover and continuity of operations, Mr. Prakash is expected to remain in his position until his last day. The company emphasized that this transition period will be utilized to facilitate effective change management within the supply chain function.
Resignation Letter Enclosed
As per standard procedure, the resignation letter of Mr. Jyoti Prakash has been enclosed with the formal intimation to the stock exchanges. The company has requested that this information be taken on record by the regulatory bodies.
Source: BSE
