Vesuvius India to sell Mehsana unit to Foseco India for Rs 43.25 Cr

Listed-company acquisitionStrategic Transactions View source PDF Explain this filing

VESUVIUS · price

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

-1.8%Reaction day

₹440.80

prior close

₹440.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%-1.8% vs market

Electrodes & Refractories peers, median of 10sector+0.3%-2.1% vs sector

On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250 and 2.1 pts less 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

Stock

+0.3

10m

+1.0

15m

+0.9

30m

+1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.8+0.1-1.8+0.3-2.1

Next day

+0.0+0.2-0.2-0.2+0.3

-2.4+0.6-3.0+0.3-2.8

-1.8-0.0-1.8-0.3-1.4

-2.5+0.5-3.0+0.4-2.8

-0.2+0.8-1.0-0.3+0.1

-2.8+0.6-3.4-0.2-2.6

15d

-4.8+1.3-6.0-0.7-4.1

-8.3-1.4-7.0-5.2-3.1

-7.7-0.6-7.1-3.4-4.2

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

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Vesuvius India is selling its Mehsana (Gujarat) facility, making crucibles, stoppers and sleeves for non-ferrous industries, to fellow subsidiary Foseco India as a slump sale for Rs 43.25 Crore. The unit contributed 2.8 percent of revenue and Rs 34.74 Cr of net worth in FY25. Related party transaction at arm's length, valued by BDO Advisory. Expected completion by 31 December 2026. No change in shareholding pattern.

Likely market impact

Minor divestment, as Mehsana unit is non-core, just 2.8 percent of revenue. Related party deal at arm's length. Watch use of proceeds.