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JM Financial Limited, acting as a manager, announced the publication of the pre-offer advertisement for an open offer concerning Morganite Crucible (India) Limited. Foseco India Limited, alongside its associated companies, is seeking to acquire up to 1,400,000 equity shares of Morganite Crucible (India) Limited, each with a face value of INR 5. This significant update signals a potential change in ownership or a liquidity event for existing shareholders. The public notice outlining the offer details has been disseminated in various newspapers for investor awareness.