Enclosed

Promoter Stake Sell 1pctOwnership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-3.3%1-day move

₹1370.00

prior close

₹1374.50

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.0+0.0+0.0—-3.3-3.7-7.2-9.9-10.3-9.5-12.4-13.0-0.0—

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AI summary

Foseco India Limited, the promoter of Foseco Crucible (India) Limited, plans to sell up to 99,081 equity shares (1.77% stake) in the open market. The current promoter holding is 42,99,081 shares (76.77% of paid-up capital). After the proposed sale, promoter holding will reduce to 42,00,000 shares (75.00%). The sale period runs from May 18, 2026 to March 31, 2027. This is being done to comply with SEBI's minimum public shareholding requirement of 25%. The promoter has provided an undertaking not to buy shares on the same dates as the sale.

Likely market impact

The promoter stake reduction from 76.77% to 75.00% brings the company closer to compliance with minimum public shareholding norms. This is a routine regulatory compliance exercise and may lead to mild selling pressure on the stock during the sale window.