Foseco India Limited, the promoter of Foseco Crucible (India) Limited, has successfully completed the sale of 99,081 equity shares with a face value of INR 5 each, constituting 1.77% of the total paid-up equity share capital of the company. The sale was executed in multiple tranches through the open market route.
The purpose of this transaction was to enable the company to meet minimum public shareholding requirements under: (a) Regulation 7(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011; (b) Rule 19(2)(b) and 19(A) of the Securities Contracts (Regulation) Rules, 1957; and (c) Regulation 38 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with paragraph 2(7)(ii) (Method) of Section VI-A of Chapter VI of the SEBI master circular for compliance with the provisions of the SEBI LODR Regulations by listed entities bearing reference no. SEBI/ HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on 11 July 2023 (last updated on 30 January 2026).
Following the sale, the aggregate promoter and promoter group shareholding in the company has been reduced to 42,00,000 equity shares, constituting 75.00% of the total paid-up equity share capital. This reduction ensures the company has achieved the minimum public shareholding requirements as prescribed under SEBI LODR Regulations and SCRR.
The company confirms that: (a) the entire sale of equity shares has been duly completed within the timeline mentioned in their earlier intimation dated 15 May 2026; and (b) this intimation is being made to ensure continued transparency and compliance with applicable SEBI regulations.
The disclosure will be hosted on the company's website at https://www.fosecocrucibleindia.com/en/financial-and-governance.