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Posted On:24/12/2018


Vesuvius India Limited announces that at the Board Meeting held on December 19, 2018, the resignation of Mr. Subrata Roy, Managing Director, to take effect from close of office hours on December 31, 2018, has been accepted by the Board of Directors of the Company. Accordingly, Mr. Roy will not be a Director and Managing Director of the Company effective from January 01, 2019.


At the same Board meeting, on the recommendation of the Nomination and Remuneration Committee, Mr. Ritesh Dungarwal has been appointed Managing Director of the Company for a period of five years effective from January 01, 2019, subject to the approval of the Members of the Company to be obtained at the Company’s next General Meeting.


Mr Biswadip Gupta, Chairman of Vesuvius India Limited, commented

“I am delighted that Ritesh Dungarwal is joining Vesuvius India Limited as Managing Director. Ritesh holds a master’s degree in Aerospace Engineering from IIT Mumbai and an Executive MBA from Kelly School of Business, Indiana University (USA). He joins us from Cummins, where he has spent more than 15 years holding key positions across various functions including engineering, strategy, sales, distribution and operations.  In his last role at Cummins, he served as the India Business Country Leader for Cummins Turbo Technologies division.  I would also like to extend the Board’s sincere thanks to Subrata Roy, who steps down as Managing Director after 4 years of dedicated service to pursue new responsibilities within the Vesuvius Group.”

Mr Patrick Andre, Chief Executive of Vesuvius plc and Board Director of Vesuvius India Limited, commented


“Ritesh Dungarwal brings significant business acumen to Vesuvius India Limited, building on the strong track record of the Company. At a time of strong growth in steel manufacture in India, I look forward to the benefits his leadership will bring to Vesuvius in a key jurisdiction for the global Vesuvius Group.”

Posted On:21/01/2019

Notice is given that the next Board meeting will be held on Thursday, February 28, 2019 to consider the Audited financial results for the year ended on December 31, 2018 and to recommend dividend

Posted On:24/01/2019


Letters dated January 16, 2019 have been sent to all shareholders whose dividend remain unclaimed till date. Please contact our Registrars at phone no (033) 40116700 for any clarifications
Posted On:24/01/2019

Letters dated January 16, 2019 have been despatched to concerned shareholders requesting them to claim their dividend paid for the year ended on December 31, 2011 otherwise the dividend and the corresponding shares held by them will also be transferred to IEPF.