Foseco Crucible (India) Ltd has closed its trading window for dealing in the company's securities from July 1, 2026, until 48 hours after the conclusion of its board meeting regarding Q1FY26 financial results. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct for the prevention of insider trading.

The trading restriction applies to promoters, members of the promoter group, directors, and designated persons or employees of the company. The closure is effective immediately prior to the financial results for the quarter ending June 30, 2026, being considered by the board.

The company has stated that the specific date for the board meeting to consider and approve the financial results will be communicated separately in due course. The window will reopen 48 hours after the conclusion of this meeting.

Key Details

Foseco Crucible (India) Limited has successfully met the minimum public shareholding requirements after its promoter, Foseco India Limited, sold 99,081 equity shares in the open market. The sale, representing 1.77% of the total paid-up equity share capital, was executed in multiple tranches to comply with regulatory norms. Consequently, the aggregate promoter and promoter group shareholding now stands at 42,00,000 equity shares, or 75.00% of the total paid-up capital.

The transaction was completed to adhere to the provisions of Regulation 7(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and Rule 19(2)(b) and 19(A) of the Securities Contracts (Regulation) Rules, 1957. Additionally, the move aligns with Regulation 38 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the relevant SEBI master circular.

The company confirmed that the entire sale of equity shares was finalized within the timeline specified in its earlier intimation dated May 15, 2026. The disclosure was submitted to BSE Limited to ensure transparency and continued compliance with applicable SEBI regulations.

Shareholding Details

The equity shares sold have a face value of INR 5 each. Foseco Crucible (India) Limited, formerly known as Morganite Crucible (India) Limited, has updated its corporate governance records to reflect these changes.