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Foseco India Limited has addressed inquiries from stock exchanges regarding a media report about its potential acquisition of Morganite Crucible. The company clarified that there is no material event or information at this time that warrants disclosure. This directly addresses the market speculation, indicating that the reported acquisition talks are not a significant ongoing development for the company. Foseco India reiterated its commitment to promptly inform stakeholders of any actual material events, providing shareholders with a clear update on the situation.