Vesuvius India Limited has announced the appointment of M/s J K & Co, Cost Accountant as the company's Cost Auditor for Financial Year 2026. The Board of Directors approved this appointment during their meeting held on February 26, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Details

The cost auditor appointment is structured with specific terms and duration as outlined by the company's board decision.

Profile of the Appointed Cost Auditor

M/s J K & Co, Cost Accountant operates as a proprietorship firm comprising 4 qualified Cost Accountants who possess over 20 years of experience across various domains. The firm demonstrates capability in handling diverse assignments with expertise spanning multiple industry sectors.

The cost auditing firm maintains operational presence across three strategic locations:

• Visakhapatnam, Andhra Pradesh
• Vijayawada, Andhra Pradesh
• Hyderabad, Telangana

Industry Expertise and Service Portfolio

J K & Co serves clients across multiple industry verticals, demonstrating broad sectoral experience:

• Steel industry
• Edible Oils sector
• Construction industry
• Pharmaceuticals
• Fertilizers manufacturing
• Healthcare and Hospitals
• Spinning industry

Beyond cost auditing services, the firm provides comprehensive financial and advisory services including Product Costing and Product Profitability analysis, GST Audit, Audit of Indirect Taxes, and consultation services for Mergers, Acquisitions & Amalgamations.

Regulatory Compliance

The appointment fulfills the company's regulatory obligations under SEBI Listing Regulations. Vesuvius India Limited operates on a calendar year basis, with its financial year ending on December 31 each year. The company has formally notified both BSE Limited and National Stock Exchange of India Limited regarding this appointment, ensuring full compliance with disclosure requirements.

Vesuvius India Limited has issued a clarification to BSE Limited regarding the significant increase in trading volume of its shares across exchanges on February 23, 2026. The response came after the stock exchange sought an explanation for the unusual volume movement under Regulation 30 of SEBI LODR.

Company's Response to BSE Query

In its official communication, the company addressed the BSE's inquiry with a comprehensive clarification. The response was signed by Company Secretary and Compliance Officer Saheb Ali, who holds membership number A33361.

Key Clarifications Provided

The company made two primary clarifications in response to the exchange's query:

• Compliance with Disclosure Requirements: All material information affecting company operations and performance, including price-sensitive information, has been regularly disclosed to stock exchanges in accordance with SEBI LODR regulations and related circulars.

• No Pending Material Information: The company confirmed there are no pending events, information, or announcements that could have influenced the price or volume behavior of its shares.

Attribution to Market Forces

Vesuvius India Limited attributed the volume increase to market forces beyond the company's control. The management emphasized that the movement in share volume represents normal market dynamics rather than any specific corporate development or undisclosed information.

The company expressed confidence that its response adequately addresses the exchange's concerns regarding the volume surge. The clarification demonstrates the company's commitment to maintaining transparency and regulatory compliance in its communications with stock exchanges and investors.