Shareholding28 Aug 2026, 03:22 pm
Morganite Crucible Sells 7.84% Stake in Foseco India
AI Summary
Morganite Crucible Limited has disclosed the sale of 590,744 equity shares, representing 7.84% of the total share capital and voting rights, in Foseco India Limited. The transaction, which occurred on August 27, 2026, was conducted as a block trade through the stock exchange. Following this sale, Morganite Crucible Limited and its Person Acting in Concert (PAC), Morgan Terrassen B.V., will have their shareholding in Foseco India reduced. This disclosure is made in accordance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Morganite Crucible sold 7.84% stake in Foseco India.
- Transaction involved 590,744 equity shares.
- Sale was executed via a block trade on the stock exchange.
- Disclosure follows SEBI Takeover Code regulations.
- Post-sale shareholding details are to be updated.
Price Impact
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