Foseco India Ltd

Foseco India Expands Portfolio with Morganite Crucible Acquisition 🔍

- Foseco India Limited acquired 75% of Morganite Crucible (India) Limited's equity share capital.

- The deal includes 42,00,000 fully paid-up equity shares from promoters Morganite Crucible Limited and Morgan Terrassen B.V.

- Transaction finalized on 12 November 2025, making Morganite Crucible (India) Limited a subsidiary.

- Share purchase agreement was initially executed on 22 August 2025.