Vesuvius India Limited at its meeting held on July 26, 2023, approved for a Capex of approx. INR 8770 million (to be funded through internal accruals) for setting up a new plant for manufacturing of Monolithics Refractory at Anakapalli (Visakhapatnam), Andhra Pradesh. existing capacity: Manufacturing of Monolithics Refractory with an existing capacity of 120,000 tonne per annum.

proposed capacity addition: 120,000 tonne per annum. period within which the proposed capacity is to be added: September 2024. rationale: To meet the growing demand.

existing capacity utilization: 100%.