Promoter Gautam N. Mehra, as Trustee of Lord Krishna, sold 46,000 shares of Savita Oil Technologies for approximately ₹3.28 Cr in the open market, reducing his stake from 0.22% to 0.15%.
A specialty petroleum products manufacturer established in 1961, Savita Oil Technologies produces transformer oils, white oils, and advanced lubricants for industrial applications. The company operates integrated manufacturing facilities and serves diverse sectors including power generation, electrical equipment, telecommunications, and automotive industries. Its focus on specialty formulations, technical expertise, and consistent product quality distinguishes it in India's competitive lubricants market.
