Foseco India Limited — Others, 21-05-2025: Shareholders meeting

Foseco India reported an 18% rise in profit before exceptional items and tax, driven by strong operational and financial performance. The company is advancing innovation, sustainability, and cost efficiency, significantly cutting CO2 emissions as well as water and energy usage. Leadership changes include appointing Patrick André as Director, replacing Karena Cancilleri, and proposing Mark Collis’s reappointment. J.B. Bhave & Co. has been suggested as the new Secretarial Auditor, and fees for cost auditor Joshi Apte & Associates were approved. These moves position Foseco India well for growth in the foundry sector.