Vesuvius plc files SEBI takeover disclosure for Foseco India

M&A / JV 23 Jun 2026 · Announced· ✓ Verified

Vesuvius plc, a London-listed industrial materials and engineered services firm, has disclosed a substantial acquisition in Foseco India Limited under SEBI's mandatory takeover framework. The filing under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 signals either a creeping acquisition above 25% or a formal tender offer. Foseco India is a leading Indian manufacturer of refractories, foundry chemicals and metallurgical products, catering to steel, foundry and non-ferrous industries. The disclosure has been filed with the NSE, triggering public-company transparency and minority shareholder safeguards.

Why it mattersSEBI Takeover Regulation 31(4) disclosure is a mandatory gate for any acquirer crossing 25% threshold or announcing an open offer; this filing confirms Vesuvius's regulatory intent and triggers public-company disclosure timelines, open-offer terms, and minority-protection mechanics under the 2011 Takeover Code.
Counsel—
SectorIndustrials
[object Object][object Object][object Object][object Object][object Object][object Object][object Object][object Object]

Sources

Open in the live tracker →

Related deals