Foseco India Limited — Board Meeting, 22-08-2025: Outcome of Board Meeting

Foseco India is set to acquire 75% of Morganite Crucible (India) for ₹653.94 Cr via a share swap, followed by an open offer for the remaining 25% (up to ₹218 Cr). This strategic move aims to expand its foundry business into non-ferrous markets. Shareholder approval is pending.