Foseco Crucible Board Sees Changes as Company Appoints Three New Additional Directors and Notes Several Resignations
Foseco Crucible (India) Limited has seen a significant shift in its board composition, announcing the appointment of three additional directors while simultaneously confirming the resignations of multiple long-serving members. These changes took effect on July 24 and July 25, 2026.The Board approved the appointment of Christopher Graham Lewis, Ms. Juliette Catherine Lowes, and Mr. Sunil Kumar Chaturvedi as Additional Directors. Both Ms. Lowes and Mr. Lewis were appointed as Additional Non-Executive, NonIndependent Directors, while Mr. Chaturvedi was appointed as an Additional Non-Executive, Independent Director. All appointments were made based on the recommendation of the Nomination and Remuneration Committee of the Company.
The three new appointees bring diverse expertise to Foseco Crucible (India) Limited:
| Director Name | Title | Key Experience Highlights |
|---|---|---|
| Christopher Graham Lewis | Additional Non-Executive, NonIndependent Director | British national and a professional solicitor with experience managing legal teams across various industries including Vesuvius and GKN Aerospace. |
| Ms. Juliette Catherine Lowes | Additional Non-Executive, NonIndependent Director | UK national holding a Bachelor's Degree with honours and is a Chartered Accountant. She currently serves as Group Head of Finance at Vesuvius and previously held senior roles at Tyman plc. |
| Mr. Sunil Kumar Chaturvedi | Additional Non-Executive, Independent Director | Fellow Chartered Accountant and Chairman & Managing Director of Gainwell Commosales Private Limited. He has prior experience as an Indian Administrative Service (IAS) officer and held senior leadership positions with Bharat Forge. |
Directors Resign from Foseco Crucible
In addition to the appointments, the company announced the immediate cessation of several directors. Mr. Henry Knowles and Mr. Mark Collis resigned as Non-Executive, NonIndependent Directors, effective July 24, 2026. Ms. Rashmi Joshi also tendered her resignation as a Non-Executive, Independent Director, with the change taking effect on the same date.
Mr. Collis noted that he will be stepping down from his roles in the audit and risk management committees of the Company. Ms. Joshi confirmed that her decision to step down is motivated by a desire to create more bandwidth to focus on other projects and commitments.
A detailed breakdown of the departures and appointments includes:
| Director | Status/Role | Resignation Date | Key Notes / Additional Information |
|---|---|---|---|
| Mr. Henry Knowles | Non-Executive, NonIndependent Director | July 24, 2026 | Resigned and will no longer serve as a member of the Corporate Social Responsibility committee. |
| Mr. Mark Collis | Non-Executive, NonIndependent Director | July 24, 2026 | Resigned and is stepping down from the audit and risk management committees. |
| Ms. Rashmi Joshi | Non-Executive, Independent Director | July 24, 2026 | Confirmed that she is resigning to create bandwidth for other projects and commitments. She held board positions across multiple companies including Bhart Forge Limited and Vesuvius India Limited. |
The appointed directors were confirmed as not being related to any existing director of the Company, nor are they debarred from holding office by virtue of any SEBI Order or other such authority.
Stock Price Movement
Foseco Crucible (India) Ltd shares settled on Friday at ₹1261.50, dipping 0.27% in after-hours trading. The stock traded within a significant intraday range that extended from a low of ₹1243.00 up to a high of ₹1297.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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