Castrol India, the oil marketing and distribution company is planning to consider reduction in share capital of the company that is returning a part of the nominal value of the shares to the shareholders of the company. With this initiative company is likely to increase shareholders value and produce a more efficient capital structure.
Castrol India is the second largest player in the Indian lubricant industry and is the market leader in the retail automotive lubricant segment. It manufactures and markets a range of automotive and industrial lubricants.
