Vesuvius India Limited has announced the minutes of its 35th Annual General Meeting (AGM) held on May 7, 2026. The meeting commenced at 10:30 AM and concluded at 12:55 PM at G. D. Birla Sabhagar, Kolkata. During the AGM, the audited financial statements for the year ended December 31, 2025, along with the Directors' and Auditors' reports, were adopted. Shareholders approved the declaration of a final dividend of ₹1.50 per equity share of face value ₹1 each, amounting to a total outgo of ₹30.44 Crores. This dividend was to be credited to shareholders' accounts on or before May 20, 2026, after TDS deduction. The meeting also saw the reappointment of Mr. Pascal Herve Martin Marie Genest and Mr. Mohinder Pradip Singh Rajput as directors, both retiring by rotation and offering themselves for reappointment. Furthermore, the remuneration of the cost auditors for the financial year ending December 31, 2026, M/s J K & Co., was ratified. The Chairman, Mr. Biswadip Gupta, highlighted the company's historic milestone of ₹2,104 crore turnover in 2025, attributing it to strong execution, operational efficiency, and prudent capital allocation. He also mentioned the sub-division of equity shares from ₹10 to ₹1, enhancing liquidity. Mr. Patrick Andre, Director and Chief Executive of Vesuvius plc, expressed confidence in India's market and the company's long-term prospects, referencing the successful operationalization of new manufacturing facilities in Vizag. Voting on all five resolutions, including ordinary business and special business, was conducted through remote e-voting and at the AGM venue. All resolutions were passed with the requisite majority, with results being declared on May 7, 2026.
