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Vesuvius India Ltd is primarily engaged in manufacturing and trading of refractory goods. It also provides services in relation to refractory goods. It has operations in India and caters to both domestic and international markets.
Vesuvius India offloaded its non-core Mehsana facility, manufacturing crucibles for non-ferrous industries, to fellow group company Foseco India for INR 43.25 Cr. This internal slump sale aligns with Foseco's foundry growth strategy.
Vesuvius India strategically closed its Visakhapatnam plant (VS Plant), replacing it with a new state-of-the-art Al-Si Monolithic Plant at Parawada. VS Plant's last year turnover was INR 337.92 Cr (18.08%) & net worth INR 2.59 Cr. No adverse business impact expected.
Vesuvius India has announced a board meeting on upcoming dates to review the financial results for the quarter and half-year. The company has commenced commercial operations at its new Basic Monolithic Plant in Parawada Mandal, Anakapalli District, Visakhapatnam, enhancing its production capacity in advanced refractory solutions. This strategic addition is...
Vesuvius India Limited has announced a board meeting on the financial results for the quarter and half-year. The company completed a 1-for-10 share split, cutting the face value to Re. 1 per share. Authorized and paid-up capital remain at Rs. 25 Cr and Rs. 20.3 Cr, while shares outstanding increased...
Vesuvius India is executing a stock split, converting each Rs. 10 equity share into 10 shares of Re. 1 each, aiming to improve liquidity. A new ISIN has been activated for the subdivided shares. The company has announced a board meeting to approve the financial results for the quarter and...