Foseco India acquired 75% stake in Foseco Crucible India for ₹638 crore through share swap, issuing 11.5 lakh shares and increasing capital base to ₹753.73 lakhs.
Company reported standalone FY25 revenue of ₹604 crore with 15.1% growth and profit of ₹75.2 crore, declaring final dividend of ₹25 per share.
Strategic integration enhanced foundry capabilities with expanded product portfolio and global R&D synergies, contributing ₹394 lakhs post-acquisition revenue.
AGM scheduled for June 10, 2026 to approve dividend, director reappointments including MD Prasad Chavare, and ratify cost auditor remuneration.