Foseco Crucible (India) Limited has fixed Wednesday, August 19, 2026, as the record date for determining membership eligibility for its 41st Annual General Meeting (AGM) and entitlement to the final dividend for FY25. This determination is subject to the approval of members at the upcoming AGM. The company will close its Register of Members and Share Transfer books from Thursday, August 20, 2026, to Wednesday, August 26, 2026, both days inclusive.

The announcement was made pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Section 91 of the Companies Act, 2013. Pooja Jindal, Company Secretary & Compliance Officer of Foseco Crucible (India) Limited, issued the notice from Chhatrapati Sambhajnagar (Aurangabad).

Key Dates

Shareholders holding equity shares on the record date will be eligible to attend the 41st AGM and receive the declared dividend, provided the dividend proposal receives necessary approval from shareholders during the meeting. The closure of transfer books ensures an accurate snapshot of ownership for these corporate actions.

Foseco Crucible (India) Limited has executed a significant board reshuffle, appointing Christopher Graham Lewis, Juliette Catherine Lowes, and Sunil Kumar Chaturvedi as Additional Directors effective July 25, 2026. The appointments follow the immediate resignations of Henry Knowles, Mark Collis, and Rashmi Joshi on July 24, 2026. This transition maintains the balance between non-independent and independent oversight while strengthening ties with the parent group, Vesuvius, through the entry of senior finance and legal executives from its international operations.

The Board approved the appointments by circulation based on the recommendation of the Nomination and Remuneration Committee, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. All three incoming directors serve as Additional Directors until the ensuing Annual General Meeting (AGM). Lewis and Lowes are liable to retire by rotation at the AGM, whereas Chaturvedi is not. Disclosures under Regulation 7(1)(b) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, confirm that none of the newly appointed directors hold any equity shares or other securities in the company as on the date of their appointment.

Christopher Graham Lewis, a British national and professional solicitor, has been appointed as a Non-Executive, Non-Independent Director. He holds directorships in Foseco International Limited, Vesuvius UK Limited, Vesuvius Pension Plans Trustees Limited, and Vesuvius-Premier Refractories (Holdings) Limited. Lewis brings extensive legal management experience from roles at Vesuvius, GKN Aerospace, and Dyson.

Juliette Catherine Lowes, a UK national and Chartered Accountant, has also been appointed as a Non-Executive, Non-Independent Director. She currently serves as Group Head of Finance at Vesuvius. Previously, she held senior finance roles at Tyman plc, including Interim Chief Financial Officer, and spent her earlier career in audit and accounting advisory with PwC.

Sunil Kumar Chaturvedi has been appointed as a Non-Executive, Independent Director. A Fellow Chartered Accountant, he is the Chairman & Managing Director of Gainwell Commosales Private Limited. Chaturvedi brings leadership experience from his tenure as an Indian Administrative Service (IAS) officer and senior positions at Bharat Forge Limited. He is not related to any existing director of the company.

Board Composition Changes

Resignations and Committee Exits

Henry Knowles and Mark Collis confirmed no material reasons for their resignations other than personal commitments. Knowles stepped down as a member of the Corporate Social Responsibility Committee, while Collis exited the Audit and Risk Management Committees. Rashmi Joshi cited a desire to create bandwidth for other projects as the reason for her resignation. She ceased membership in the Audit, Nomination and Remuneration, and Risk Management Committees.

Joshi holds directorships in several listed entities, including Bhart Forge Limited, Orkla India Limited, Elevate Campuses Limited, and Vesuvius India Limited. At Orkla India and Elevate Campuses, she serves as Chairperson of the Audit Committee. At Bhart Forge and Vesuvius India, she remains a member of various committees.

What the Numbers Show

The simultaneous exit of two non-independent directors and one independent director, replaced by two non-independent and one independent director respectively, preserves the governance structure required under SEBI norms. The appointment of Lewis and Lowes, both holding key roles within Vesuvius entities, signals a strategic alignment between Foseco Crucible’s Indian operations and its global parent group’s financial and legal oversight. Chaturvedi’s addition ensures continued independent scrutiny with deep expertise in public administration and manufacturing sector governance.