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.

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.

Vesuvius India Limited , a leading manufacturer of refractories, has announced its unaudited financial results for the third quarter ended September 30, 2025, along with significant corporate developments.

Q3 Financial Performance

The company reported a total income from operations of ₹140,101.00 lakh for the quarter ended September 30, 2025. This includes gross sales of ₹135,993.00 lakh and other operating revenue of ₹4,108.00 lakh. The net profit for the period stood at ₹6,300.00 lakh.

Appointment of Interim CFO

The Board of Directors has approved the appointment of Mr. Subhabrata Nandi as the Chief Financial Officer of the company in an interim capacity, effective November 11, 2025. Mr. Nandi, a Chartered Accountant and Cost Accountant, brings over 27 years of experience to the role. He has been with Vesuvius India since November 2004, most recently serving as Associate Director-Finance.

Mr. Nandi's expertise spans various areas of finance, including business finance, leadership, strategy, and controllership. His appointment is expected to contribute to the company's financial management and strategic planning.

Sale of Visakhapatnam Plant

Vesuvius India has announced the closure and sale of its plant located at Plot Nos. 13-15, Block E, IDA, Visakhapatnam. The plant ceased operations on October 13, 2025, following the commencement of commercial operations at the company's new Al-Si Monolithic Plant in Anakapalli.

The company subsequently sold the land and structures of the Visakhapatnam plant on October 24, 2025, for a total consideration of ₹30.51 crore. Vesuvius India has stated that this closure and sale are not expected to have any material adverse impact on its business operations or revenue.

Other Corporate Actions

During the nine months ended September 30, 2025, Vesuvius India implemented a stock split. Effective from the record date of June 10, 2025, each equity share with a face value of ₹10 was sub-divided into 10 equity shares with a face value of ₹1 each. The company has restated its Earnings Per Share (EPS) for prior periods based on this revised face value, in accordance with Ind AS 33.

The unaudited financial results have been reviewed by the Audit Committee and approved by the Board of Directors. Price Waterhouse Chartered Accountants LLP, the statutory auditors, have issued an unmodified opinion on these financial results.

Vesuvius India continues to focus on its core business of manufacturing, trading, and sale of refractories, with its performance being assessed as a single operating segment by the company's management.

As the company navigates these changes, including the appointment of a new interim CFO and the consolidation of its manufacturing operations, stakeholders will be watching closely to see how these developments impact Vesuvius India's future performance and strategic direction in the refractories market.