FOSECOIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
BSE and NSE asked Foseco India to clarify an Economic Times media report from August 12, 2025 stating that Foseco was in talks to acquire Morganite Crucible. In response, the company stated that there is no material event or information requiring disclosure under SEBI LODR Regulation 30. Foseco India essentially denied the substance of the acquisition report and confirmed it would update exchanges if anything material arises. The clarification comes amid heightened market attention on the BSE-listed engineering goods company.
Short-term share price volatility is possible as the market digests the denial of the acquisition buzz. Investors should treat the media report as unconfirmed and avoid reacting until the company makes a formal disclosure.