Foseco Crucible meets minimum public shareholding norms

1 min read     Updated on 22 Jun 2026, 04:52 PM
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Foseco Crucible (India) Limited achieved compliance with minimum public shareholding norms after promoter Foseco India Limited sold 99,081 shares. The sale reduced promoter holding to 75.00%, adhering to SEBI and SCRR regulations.

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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

Shareholder Category Post-Transaction Shareholding Percentage of Total Paid-Up Capital
Promoter and Promoter Group 42,00,000 75.00%
Public Shareholding 14,00,000 25.00%

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.

Historical Stock Returns for Foseco Crucible

1 Day5 Days1 Month6 Months1 Year5 Years
+4.84%+5.68%+20.82%-5.43%-0.64%+76.99%

Will the increased public float lead to higher trading volumes for Foseco Crucible shares?

How might the reduction in promoter holding influence the company's future strategic decisions?

Is Foseco India Limited likely to divest additional shares to further diversify ownership?

Foseco Crucible (India) Limited Publishes Audited Financial Statement Extracts for Quarter and Year Ended March 31, 2026

1 min read     Updated on 06 May 2026, 09:21 PM
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Foseco Crucible (India) Limited, formerly known as Morganite Crucible (India) Limited, filed a regulatory disclosure with the Bombay Stock Exchange on May 05, 2026, confirming the newspaper publication of extracts of its audited financial statements for the quarter and year ended March 31, 2026. The extracts were published on May 06, 2026, in Business Standard (English) and Sakal Today (Marathi), in compliance with Regulation 30 read with Regulation 47 of the SEBI LODR Regulations, 2015. The filing was signed by Company Secretary Pooja Jindal from the company's registered office in Chhatrapati Sambhajinagar (Aurangabad), India.

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Foseco Crucible (India) Limited , formerly known as Morganite Crucible (India) Limited, has informed the Bombay Stock Exchange of the newspaper publication of extracts of its audited financial statements for the quarter and year ended March 31, 2026. The disclosure was made in accordance with Regulation 30 read with Regulation 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

Regulatory Filing Details

The company submitted the filing to the Department of Corporate Filing at the Bombay Stock Exchange on May 05, 2026. The extracts of the audited financial statements were published on May 06, 2026, in two newspaper editions as detailed below.

Parameter: Details
Filing Date: May 05, 2026
Publication Date: May 06, 2026
English Publication: Business Standard
Marathi Publication: Sakal Today
Period Covered: Quarter and year ended March 31, 2026
Regulation: Regulation 30 read with Regulation 47, SEBI LODR Regulations, 2015

Company Information

The filing was submitted on behalf of Foseco Crucible (India) Limited, with the company's registered office located at B-11, MIDC Industrial Area, Waluj, Chhatrapati Sambhajinagar (Aurangabad) - 431136. The submission was signed by Pooja Jindal, Company Secretary, based in Chhatrapati Sambhajinagar (Aurangabad), India.

Parameter: Details
Company Name: Foseco Crucible (India) Limited
Formerly Known As: Morganite Crucible (India) Limited
CIN: L26920MH1986PLC038607
Registered Office: B-11, MIDC Industrial Area, Waluj, Chhatrapati Sambhajinagar (Aurangabad) - 431136
Signatory: Pooja Jindal, Company Secretary

The company has requested the exchange to take note of the publication on its records, fulfilling its disclosure obligations under the applicable listing regulations.

Historical Stock Returns for Foseco Crucible

1 Day5 Days1 Month6 Months1 Year5 Years
+4.84%+5.68%+20.82%-5.43%-0.64%+76.99%

How has the rebranding from Morganite Crucible to Foseco Crucible (India) Limited impacted the company's market positioning and investor perception in the industrial ceramics sector?

What are the key financial performance metrics and growth trends revealed in the audited results for FY2026 that could signal future profitability?

How might Foseco Crucible's parent company Vesuvius plc's global strategy influence the Indian subsidiary's expansion plans and capital allocation in the coming fiscal year?

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