Morganite Crucible Limited has disposed of its entire equity stake in Foseco India Limited , selling 590,744 shares representing 7.84% of the company’s voting capital. The transaction was executed via a block trade on August 27, 2026.

The sale brings Morganite Crucible Limited’s holding in the foundry products manufacturer to zero. The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Complete Exit by Seller and PAC

Morganite Crucible Limited acted in concert with Morgan Terrassen B.V. for this disposal. Prior to the transaction, the two entities collectively held 15.27% of Foseco India’s total share voting capital.

Following the block trade:

• Morganite Crucible Limited sold all 590,744 shares it held.
• Morgan Terrassen B.V. simultaneously sold its entire holding of 560,056 shares (7.43%).

Both entities now hold zero shares in the target company. The total diluted share capital of Foseco India remains unchanged at 75,37,259 equity shares of ₹10 each, totaling ₹7,53,72,590.

What the Numbers Show

The coordinated exit of both Morganite Crucible Limited and its person acting in concert (PAC), Morgan Terrassen B.V., marks a complete divestment by this group from Foseco India. The simultaneous sale of the entire combined stake of 15.27% suggests a strategic exit rather than a partial portfolio rebalancing. No encumbrances or convertible securities were involved in the transaction.

Foseco India Limited will hold virtual meetings with equity analysts and institutional investors on August 31 and September 1, 2026. The sessions aim to update stakeholders on the company’s performance using only publicly available information.

The company notified the BSE and NSE under Regulation 30 of the SEBI (LODR) Regulations, 2015. Officials confirmed that no unpublished price-sensitive information will be discussed during these engagements.

Meeting Schedule

Company representatives will meet with two mutual fund houses via virtual platforms. The schedule is as follows:

Mahendra Kumar Dutia, Controller of Accounts and Company Secretary, signed the intimation letter dated August 26, 2026. He noted that the schedule is subject to change due to exigencies on the part of the analysts or the company.

The full details are hosted on the company’s website at www.fosecoindia.com .