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Foseco India acquired a 75% stake in Morganite Crucible for Rs 638.00 Cr via a share swap, with Rs 15.43 Cr for an open offer.

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Foseco India LimitedFOSECOIND · Filed with the exchange

For the year, consolidated revenue reached Rs 643.42 Cr and net profit was Rs 74.87 Cr, impacted by Rs 21.66 Cr exceptional acquisition-related costs.

A dividend of Rs 25 per share has been proposed.

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