FilingReader Intelligence

Foseco launches open offer for Morganite Crucible India

August 22, 2025 at 02:29 PM UTCBy FilingReader AI

Foseco India Limited is making an open offer to acquire up to 1.4 million equity shares of Morganite Crucible (India) Limited, representing 25% of voting share capital at INR 1,557.15 per share.

The offer totals up to INR 2.18 billion and follows Foseco's acquisition of 75% of the company's voting share capital for INR 6.54 billion.

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

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