Castrol India CFO Deepesh Baxi Resigns To Pursue Outside Opportunities
Deepesh Baxi’s resignation will be effective from close of business hours on 13 March 2025
(The Corner Office Journal) -- Castrol India Ltd. said its Chief Financial Officer Deepesh Baxi resigned to pursue opportunities outside the organization.
His resignation will be effective from close of business hours on 13 March 2025, the lubricant manufacturer said in a stock exchange announcement.
Castrol India, a part of bp group, said Baxi will also cease to a director of the company. It didn’t provide the details about Baxi’s successor.
Baxi was appointed as CFO on 1 January 2021, succeeding Rashmi Joshi, who moved to another leadership position in bp after served Castrol India for seven years as CFO and a director.
Castrol India operates three blending plants and serves various sectors, including automotive, mining, machinery and wind energy. The company has a distribution network of 150,000 retail outlets and its brand portfolio includes Castrol CRB, Castrol GTX, Castrol Activ, Castrol MAGNATEC and Castrol EDGE.
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