Foseco Crucible (India) Limited has closed its share trading window effective October 1, 2026. The restriction applies to promoters, directors, and designated employees until 48 hours after the conclusion of the board meeting scheduled to approve the company's financial results for the quarter ending September 30, 2026.

Regulatory compliance and scope

The closure is pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended, and the company's Code of Conduct for Prevention of Insider Trading. The trading ban covers Promoters, Promoter Group members, Directors, and Designated Persons or Employees of the company.

The company stated that the specific date of the board meeting for considering and approving these financial results will be intimated separately in due course. This procedural step ensures that no insider information regarding the quarterly performance is utilized before public disclosure.

Key details of the trading window closure

The filing was submitted to the Bombay Stock Exchange on September 30, 2026, signed by Pooja Jindal, Company Secretary. The company was formerly known as Morganite Crucible (India) Limited.

Foseco Crucible shareholders approved a final dividend of ₹12.5 per share for FY26 at the 41st annual general meeting on August 26, 2026. The record date for eligibility is August 19, 2026.

The meeting also saw the reappointment of Mr. Aniruddha Karve and the appointment of three new non-executive directors. Voting results were declared by scrutinizer M/s. Prajot Tungare & Associates on August 27, 2026.

Key Resolutions Passed

Shareholders transacted both ordinary and special business items during the session, which commenced at 2:00 pm and concluded at 3:33 pm (IST). A total of 36 shareholders attended physically or via e-voting, constituting a valid quorum. The remote e-voting period ran from August 23 to August 25, 2026.

Ordinary Business

• Adoption of audited financial statements for the year ended March 31, 2026, along with the Board of Directors’ and Statutory Auditors’ reports.
• Declaration of a final dividend of ₹12.5 per fully paid-up equity share for FY26.
• Reappointment of Mr. Aniruddha Karve (DIN: 07180005) as a director.

Special Business

The following appointments were approved:

• Mr. Christopher Graham Lewis (DIN: 11847319) as a non-executive and non-independent director.
• Ms. Juliette Catherine Lowes (DIN: 11845679) as a non-executive and non-independent director.
• Mr. Sunil Kumar Chaturvedi (DIN: 02183147) as a non-executive independent director.
• Approval of commission to independent directors for FY25-26.

Dividend Details

The dividend shall be paid to members whose names appear in the Register of Members or List of Beneficial Owners as on the record date of August 19, 2026. The payout will be dispatched within statutory timelines under the Companies Act, 2013.

Voting Results Breakdown

All resolutions were passed with overwhelming support. The voting data reveals that institutional or large block holders dominated the process, with 9 members casting 4,205,392 votes via e-voting, accounting for 99.99% of the total valid votes. Only 2 members voted via InstaVote during the meeting.

Note: Resolution 7 (Commission to Independent Directors) saw 10 votes cast against it (0.0002%), while all other resolutions had zero dissenting votes.

Governance and Audit

The Statutory Auditors’ Report and Secretarial Audit Report for FY26 contained no qualifications, reservations, adverse remarks, or disclaimers with material impact on the company’s functioning. M/s. Prajot Tungare & Associates served as the scrutinizer for the e-voting process.

Management Commentary

Mr. Aniruddha Karve, Chairman and Non-Executive Director, highlighted the successful integration into the Vesuvius Group during his address. He emphasized the board’s commitment to corporate governance and stakeholder value creation.

Ms. Pooja Jindal, Company Secretary, proposed the vote of thanks, acknowledging the support of shareholders, employees, and partners in navigating a transformational year.