Foseco India Limited has scheduled its 69th Annual General Meeting (AGM) for Wednesday, June 10, 2026, at 1430 Hours IST via Video Conferencing. The meeting will consider the declaration of a final dividend of ₹25 per share for the financial year ended December 31, 2025. The record date for determining shareholder entitlement has been fixed as June 3, 2026, with the dividend payable on or before July 9, 2026.

AGM Agenda Highlights

The agenda includes the adoption of audited standalone and consolidated financial statements for FY25. Shareholders will vote on the re-appointment of Amitabha Mukhopadhyay as an Independent Director for a second term of five years commencing July 27, 2026. Additionally, the re-appointment of Prasad Chavare as Managing Director and Chief Executive Officer for a period of five years from June 1, 2026, to May 31, 2031, will be tabled. The meeting will also ratify the remuneration payable to Cost Auditor Joshi Apte & Associates for FY26.

E-Voting and Record Date

The company has provided remote e-voting facilities for shareholders. Remote e-voting will commence on Saturday, June 6, 2026, at 0900 Hours IST and end on Tuesday, June 9, 2026, at 1700 Hours IST. The cut-off date for determining eligibility is Wednesday, June 3, 2026. Members attending the meeting who have not cast their vote remotely may do so during the AGM via the e-voting facility available at the venue.

Standalone Financial Performance

Foseco India reported a robust financial performance for the year ended December 31, 2025. Revenue from operations increased 15.1% to ₹60,401.65 lakh from ₹52,478.39 lakh in the previous year. Profit After Tax for the year stood at ₹7,521.74 lakh, compared to ₹7,302.74 lakh in FY24. The company generated operational cash flows of ₹9,162.36 lakh during the year.

Consolidated Financial Performance

On a consolidated basis, revenue from operations reached ₹64,341.85 lakh for FY25. The Profit Before Exceptional Items and Tax margin was reported at 19.8% over revenue from operations. Total operational cash flows stood at ₹9,762.43 lakh. The consolidated results include the financials of subsidiary Foseco Crucible (India) Limited, which contributed ₹3,940.20 lakh to Group revenues.

Strategic Acquisition

During the year, the company acquired a 75% equity stake in Foseco Crucible (India) Limited for an aggregate consideration of ₹63,800.35 lakh. The acquisition, completed through a share swap arrangement, included the issuance of 11,50,800 equity shares. Following the mandatory Open Offer, the company's paid-up share capital increased to ₹753.73 lakh. Goodwill of ₹39,471.42 lakh was recognised on a provisional basis.

Foseco India Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year ended December 31, 2025, to BSE Limited and the National Stock Exchange of India Limited. The filing, dated May 19, 2026, outlines the company's performance across environmental, social, and governance (ESG) parameters on a standalone basis.

Environmental Performance

The company reported substantial progress in its sustainability initiatives. Foseco India achieved a 55% reduction in overall CO2 emissions against its target of 20% by 2025, using a 2019 baseline. This reduction was driven by internal solar energy generation, green energy certification, and Scope 1 emissions reduction projects. Additionally, the company reduced solid waste generation by 60% over the 2019 baseline in 2025. The use of recycled raw materials constituted 11.89% of total raw materials consumed, exceeding the target of 7%.

Energy and Water Consumption

Total energy consumption from renewable sources stood at 2189.48 GJ, while energy from non-renewable sources was 59694 GJ. The energy intensity in terms of physical output was recorded at 1.378 GJ per metric ton of products packed for shipment. Regarding water usage, the total volume of water withdrawal was 43516 kilolitres, with a water intensity of 0.96 kilolitres per metric ton of products packed. The company maintained a Zero Liquid Discharge mechanism, utilizing wastewater treatment plants and reverse osmosis systems to maximize water recovery.

Social and Governance Metrics

Foseco India maintained a strong safety record during the financial year, reporting zero Lost Time Injuries (LTIFR), zero fatalities, and zero high-consequence work-related injuries. The company conducted safety audits and implemented various measures, including the installation of Retrofit Emission Control Devices (RECD) for DG sets and the introduction of battery-operated forklifts.

Employee Statistics

As of the end of the financial year, the company had 140 permanent employees and 236 workers. The workforce included 10 female permanent employees and no female workers. The company reported that 100% of permanent employees and workers were paid minimum wages. There were no reported cases of sexual harassment, discrimination, or child labor during the year.

Financial and Operational Highlights

The BRSR disclosure included key financial figures for the year ended December 31, 2025. The company reported a turnover of ₹60,402 lakhs and a net worth of ₹1,03,930 lakhs. Foseco India catered to markets across 21 states in India and 12 countries internationally, with exports contributing 3.28% to the total turnover. The company’s operations are primarily focused on the manufacturing of foundry chemicals and fluxes, which accounted for 100% of its turnover.