The board will also review and approve audited financial results for the year ended 31 December 2024 (FY24), and consider a dividend.
The stock split proposal is subject to shareholder and regulatory approvals.
Vesuvius India is primarily engaged in the manufacturing and trading of refractory goods. The company also provides services in relation to refractory goods.
Net profit of Vesuvius India rose 13.57% to Rs 68.46 crore while net sales rose 8.15% to Rs 443.52 crore in Q3 September 2024 over Q4 September 2023.