Foseco India acquires 75% stake in Morganite Crucible India

Foseco India Limited acquired a 75% stake in Morganite Crucible India Limited through a share swap deal, issuing 1,150,800 new shares. The acquisition strengthens Foseco's position in non-ferrous casting, especially aluminum.

“Foseco India Limited announced the acquisition of a 75 percent stake in Morganite Crucible India Limited.”business-news-today.com

• 2 sources
• business-news-today.comFoseco India stock jumps 13% after 75% acquisition of Morganite CruciblePallavi MadhirajuAug 23, 2025
• mtdcnc.comFoseco India to Acquire 75% Stake in Morganite Crucible India to Expand Presence in the Foundry Sector! - MTDCNC - The home of CNC milling. turning, 5 axis and precision machiningAug 28, 2025

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