Castrol India Delisting Looms? Stonepeak's History, LIC's Role Spark Speculation

• BP sells 65% stake in Castrol Global to Stonepeak, a firm known for delisting acquired companies.
• Stonepeak launched an open offer for 26% of Castrol India at ₹194.04, a potential first step towards delisting.
• LIC, holding a 10% stake, is crucial; its decision will significantly impact any future delisting attempt.
• Retail investors face the risk of illiquid unlisted shares if delisting fails or they don't participate.
• Kotak Institutional Equities gives an 'Add' rating with a fair value of ₹210, expecting short-term operational stability.

Why It Matters: Castrol India faces delisting speculation due to Stonepeak's acquisition and track record; LIC's decision is key.