Foseco India Limited — Important, 04-03-2026: Updates

Foseco India acquired a 75% stake in Morganite Crucible for Rs 638.00 Cr via a share swap, with Rs 15.43 Cr for an open offer. For the year, consolidated revenue reached Rs 643.42 Cr and net profit was Rs 74.87 Cr, impacted by Rs 21.66 Cr exceptional acquisition-related costs. A dividend of Rs 25 per share has been proposed.