JM Financial Ltd ("Manager to the Offer") has submitted to BSE a copy of Corrigendum to the Public Announcement dated August 22, 2025, Detailed Public Statement published on September 01, ....
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JM Financial, the manager to the offer, has submitted a corrigendum (published on September 24, 2025) correcting the earlier public announcement, detailed public statement, and draft letter of offer for an open offer to acquire shares of Morganite Crucible (India) Limited. The open offer is being made under SEBI Takeover Regulations 3(1) and 4 by Foseco (UK) Limited and persons acting in concert. The offer is for up to 14,00,000 equity shares (representing 25% of the public shareholders' voting capital) at a price of INR 1,557.15 per share, aggregating to a maximum consideration of approximately INR 21.8 crores. The corrigendum was published in English (Financial Express), Hindi (Jansatta), and Marathi (Navshakti and Marathwada Kesari) newspapers as required.
This is a procedural corrigendum to existing open offer documents for Morganite Crucible (India) shareholders — it does not change the core offer terms but rectifies prior disclosures. Shareholders of Morganite Crucible should review the corrigendum carefully for any changes to the offer details before deciding on acceptance.