22-Jun-2026 16:21:22
FOSECOCGeneral news
FOSECO INDIA LTD : COMPLETES SALE OF EQUITY SHARES TO MEET MINIMUM PUBLIC SHAREHOLDING
• Foseco India Limited, promoter, completed the sale of 99,081 Equity Shares (1.77% of total paid up capital) in multiple tranches. • Sale was conducted via open market route to meet minimum public shareholding requirements. • Promoter and promoter group shareholding reduced to 42,00,000 Equity Shares (75.00%). • Company has achieved minimum public shareholding requirements as prescribed under SEBI LODR Regulations and SCRR. • Sale completed within the timeline as mentioned in earlier intimation dated May 15, 2026. Impact: Neutral (Administrative disclosure on meeting regulatory shareholding norms)
Foseco Crucible (India) Ltd
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