Vesuvius India (VESUVIUS) — Board Meeting

1 Board Meeting 🟡 Notable Neutral 📄 PDF

📢 Key Event
Board approved sale of Mehsana facility to FIL for INR 43.25 crores

🔄 What Changed
Material disposal of non-core asset generating INR 43.25 crores consideration

🔮 What's Next
Completion expected by 31 December 2026

💡 Investor Takeaway
This non-core asset sale generates cash but does not change shareholding or core business focus.

Vesuvius India approved selling its Mehsana refractory facility to Foseco India for INR 43.25 crores via slump sale, representing 2.8% of revenue and 2.09% of net worth. The transaction closes by 31 December 2026 and is a related party deal between group companies. The sale is non-core to Vesuvius but aligns with FIL's foundry strategy.

2 Board Meeting 🟡 Notable Neutral 📄 PDF

📢 Key Event
Board approved slump sale of Mehsana Facility to FIL for INR 43.25 crores

🔄 What Changed
Proposed sale of Mehsana Facility to FIL for INR 43.25 crores

🔮 What's Next
Completion by 31 December 2026

💡 Investor Takeaway
The sale is non-core asset divestment with no shareholding impact.

Vesuvius India Limited announced the board approved a slump sale of its Mehsana Facility in Gujarat to Foseco India Limited for INR 43.25 crores, subject to adjustments, with completion targeted by 31 December 2026. The transaction represents 2.8% of revenue and 2.09% of net worth from the last financial year. The sale is a related party transaction between fellow subsidiaries of Vesuvius plc, approved by the Audit Committee and valued by an independent valuer. No shareholding changes will occur for the listed entity.

📊 Stock Analysis — VESUVIUS ✨ Ask AI About This

About Vesuvius India Limited (VESUVIUS)

Capital Goods · Refractories · Listed on NSE

Market Cap: ₹8,317.33 Cr P/E: 32.5 ROE: 15.4% ROCE: 20.9%

View full VESUVIUS stock details →

📡 Get AI alerts when VESUVIUS files next

Free • Daily 5 PM digest • Track filings, board meetings, and corporate actions

Track VESUVIUS — Free

💡 Ask AI about this filing

"How does INR 43.25 crore compare to Vesuvius's total revenue?" "What is the expected impact on group profitability post-sale?" "How does this affect FIL's foundry strategy timeline?"

Ask AI Free →

📊 More VESUVIUS filings

See all VESUVIUS filings →

🔥 Also filed on 13 August 2026

EIFFL Euro India Fresh Foods Limited Corporate Action APOLLOHOSP Apollo Hospitals Enterprise Limited Financial Results EIDPARRY EID Parry India Limited Financial Results TAJGVK Taj GVK Hotels & Resorts Limited Corporate Action SIGMAADV SIGMA ADVANCED SYSTEMS LIMITED Financial Results INDIQUBE Indiqube Spaces Limited Financial Results

View all today's announcements →

Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

Editorial & Data Transparency Notice

This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

📡 Get AI alerts when VESUVIUS files new disclosures

Track VESUVIUS filings, board meetings, and corporate actions. Free email alerts at 5 PM.

Track VESUVIUS — Free

Free account · 2 AI queries/day

About · Privacy Policy · Terms of Service · Pricing

Today's Announcements · Screener · Insights · AI Chat

Data provided by CMOTS Internet Technologies Pvt Ltd

Vesuvius India Limited (VESUVIUS) — Board Meeting | 13 August 2026(2 announcements)

About Vesuvius India Limited (VESUVIUS)

📡 Get AI alerts when VESUVIUS files next

💡 Ask AI about this filing

📊 More VESUVIUS filings

🔥 Also filed on 13 August 2026