BSECompany Update22 Jun 2026 · 22 Jun 2026, 04:19 pm
Document attached
Foseco Crucible (India) Ltd · 523160
✦ AI SummaryRegulatory
Foseco Crucible (India) Ltd's promoter, Foseco India Limited, has completed the sale of 99,081 equity shares, representing 1.77% of the total paid-up capital, through open market transactions. This action was taken to fulfill the minimum public shareholding requirements mandated by SEBI regulations, specifically under SEBI (SAST) and SEBI (LODR) Regulations. Consequent to this sale, the aggregate promoter and promoter group shareholding has been reduced to 75.00%, bringing the company into compliance. The completion of the sale was within the previously intimated timeline.
Analysis Scores
Earnings Impact3/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk5/10
Liquidity Impact8/10
Market Sentiment7/10
Full Announcement
Foseco Crucible (India) Ltd - 523160 - Intimation Of Completion Of The Sale Of Certain Equity Shares Of Face Value Of INR 5 Each ('Equity Shares') Of Foseco Crucible (India) Limited (Formerly Known As Morganite Crucible (India) Limited) ('Company') By Its Promoter, Foseco India Limited, In The Open Market For Achieving Minimum Public Shareholding By The Company.