New Parawada plant starts operations; old Autonagar plant closes

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VESUVIUS · price

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Price reactionminutes from the announcement price · days from the prior close

-0.6%Reaction day

₹505.00

prior close

₹500.10

announcement price

After-mkt

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Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.5%-0.0% vs market

Electrodes & Refractories peers, median of 10sector-1.3%+0.7% vs sector

On the reaction day the stock moved in line with Nifty Microcap 250 and 0.7 pts more than its Electrodes & Refractories peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Reaction day

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Next day

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UpDownMarket · Nifty Microcap 250Sector · Electrodes & Refractories peers, median of 10Pending

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AI summary

The company began commercial operations at its new Al-Si Monolithic Plant at Parawada, Anakapalli. It will close the older VS Plant in Autonagar, Visakhapatnam, from October 13, 2025. The old plant generated INR 337.92 crore, or 18.08% of turnover, for FY2024, and its estimated net worth was INR 258.72 lakh. Management says the change is not expected to materially affect operations or revenue.

Likely market impact

The move shifts production to the new facility and should be broadly neutral for shareholders because no material effect on operations or revenue is expected.