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Foseco India to acquire 75% stake in Morganite Crucible

August 22, 2025 at 08:09 AM UTC•By FilingReader AI

Foseco India Limited will acquire 4.2 million shares in Morganite Crucible (India) Limited for INR 6.54 billion, representing a 75% stake.

The transaction will make Morganite Crucible (India) a subsidiary of Foseco India and trigger a mandatory open offer under securities regulations.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

Primary Source Document

Our promoters, Morganite Crucible Limited and Morgan Terrassen B.V. ('Promoters'), vide their letters dated 22 August 2025, that the Promoters and their and the Company's ultimate parent ....August 22, 2025 at 07:52 AM UTC

Supplementary Source Documents

Our promoters, Morganite Crucible Limited and Morgan Terrassen B.V. ('Promoters'), vide their letters dated 22 August 2025, that the Promoters and their and the Company's ultimate parent ....August 22, 2025 at 07:52 AM UTC
Morganite Crucible (India)
BSE:MORGANITE•Bombay Stock Exchange
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