Vesuvius India Announces Resignation of Senior Management Personnel Mr. Nilkantha Brahmachari

Vesuvius India Limited has announced the resignation of a senior management personnel, informing stock exchanges through a regulatory filing dated February 5, 2026. The company submitted the disclosure to both BSE Limited and National Stock Exchange of India Limited in compliance with SEBI regulations.

Senior Management Personnel Departure

Mr. Nilkantha Brahmachari, who served as Director Marketing & Technology, has voluntarily resigned from his position effective from close of business hours on February 5, 2026. The resignation was attributed to personal commitments, as stated in both the regulatory filing and his resignation letter.

Parameter:	Details
Name:	Mr. Nilkantha Brahmachari
Position:	Director Marketing & Technology
Reason:	Resignation due to personal commitments
Effective Date:	February 5, 2026 (close of business hours)
Board Status:	Not a Director on the Board as per Companies Act, 2013

Resignation Process and Timeline

The resignation letter, dated November 5, 2025, was addressed to Mr. Mohinder Pradip Singh Rajput, Vice President, Steel - India, and Mr. Rohit Khandelwal, HR Director, Steel - India. In his letter, Mr. Brahmachari requested relief as per his notice period requirement, which concluded on February 5, 2026.

The departing employee expressed gratitude for the support and cooperation received during his tenure with the company and requested settlement of all pending dues from the company.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with SEBI circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. Company Secretary & Compliance Officer Saheb Ali (Membership No.: A33361) signed the regulatory filing, ensuring proper compliance with listing obligations.

The company provided all required details as mandated by SEBI regulations, including the reason for change, effective date of cessation, and clarification regarding the employee's non-director status on the company board.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.35%	-3.15%	-8.28%	-9.76%	+3.75%	+360.67%

Vesuvius India Limited, a prominent player in the industrial sector, has successfully concluded its postal ballot voting, resulting in the appointment of three new directors to its board. The voting, which took place from October 9 to November 7, saw strong shareholder participation and approval for all three special resolutions.

Key Appointments

The postal ballot resulted in the following appointments:

Director	Position	Term	Votes in Favor
Ms. Rashmi Joshi	Independent Director	5 years from Sept 24	99.99%
Mr. Sridhar Gorthi	Independent Director	5 years from Sept 24	84.87%
Mr. Biswadip Gupta	Non-Executive Non-Independent Director	Liable to retire by rotation	99.45%

Voting Process and Results

The voting process was conducted through remote e-voting, overseen by scrutinizer Amber Ahmad. The results demonstrate strong shareholder support for the new appointments:

Ms. Rashmi Joshi: Received near-unanimous approval with 99.99% votes in favor.
Mr. Sridhar Gorthi: Secured a solid majority with 84.87% votes in support.
Mr. Biswadip Gupta: Gained overwhelming acceptance with 99.45% votes in favor.

Shareholder Participation

The postal ballot saw active participation from shareholders across different categories:

Promoter and Promoter Group: 100% participation with all votes in favor of all resolutions.
Public Institutions: 97.46% of shares voted, with varying support across resolutions.
Public Non-Institutions: Approximately 14.98% of shares participated in the voting.

Compliance and Transparency

Vesuvius India Limited has demonstrated its commitment to corporate governance by conducting this postal ballot in accordance with the Companies Act, 2013, and SEBI regulations. The company promptly disclosed the voting results and the scrutinizer's report to the stock exchanges, ensuring transparency in the process.

Looking Ahead

With these new appointments, Vesuvius India Limited has strengthened its board composition. The high approval rates for Ms. Rashmi Joshi and Mr. Biswadip Gupta suggest strong shareholder confidence in their potential contributions. While Mr. Sridhar Gorthi's appointment also received a clear majority, the slightly lower approval rate may indicate some diversity in shareholder perspectives regarding his role.

All three appointments have taken effect from September 24, marking a significant step in enhancing the company's leadership structure. As these directors assume their positions, stakeholders will be keen to observe how their expertise and insights contribute to Vesuvius India's strategic direction and governance in the coming years.