Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the "SEBI LODR"), Vesuvius India Limited announced that the Board of Directors of the Company at its meeting held on October 20, 2022, has approved a proposal for the additional Capex of approx. INR 360 million (to be funded through internal accruals) for setting up a manufacturing plant at Vizag under the proposed wholly owned subsidiary which is being incorporated pursuant to the approval of the Board accorded on September 8, 2022.