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.

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.