Morganite Crucible India Ltd — Important, 12-11-2025: Company Update

Morganite Crucible (India) Limited announced a major ownership change. Foseco India Limited has completed the acquisition of 4.2 Cr equity shares, which constitutes 75% of the company’s total paid-up capital. Consequently, the former promoters, Morganite Crucible Limited and Morgan Terrassen B.V., no longer hold any shares and have relinquished control. They have officially been reclassified and are no longer part of the promoter group, marking a significant shift in the company's control and strategic outlook.