Foseco India Ltd
NSE: FOSECOIND BSE: 500150
₹4653
(-4.39%)
Wed, 01 Apr 2026, 02:31 pm
Market Cap34.94B
PE Ratio41.76
Dividend0.51
Process Industries
Chemicals: Major Diversified
24.5KCompany History
1958
- The company was incorporated under the name of Greaves Foundry Services (Pvt) Ltd.
1972
- The company was converted into a Public Limited Company.
1993
- 53,64,480 equity shares were issued to promoters.
- 1,09,479 equity shares were issued at a premium of Rs 65 per share.
1996
- The Objects of the Issue was to disinvest equity shares held by Greaves Ltd.
1997
- The Company offered for sale 26,82,240 equity shares.
- The company's performance was adversely affected due to weak demand for metallurgical products.
1998
- A new plant was commissioned at Sanaswadi.
- 52,97,480 shares were allotted as fully paid-up by way of bonus shares.
- A voluntary retirement scheme was formulated for the workmen and staff at its Jamshedpur Works.
1999
- The company introduced value-added chemicals to gain market share.
- The company shut down its Calcutta operations and offered a VRS to its workers.
- The company closed its Jammu plant and Mumbai office.
2000
- The Company entered into an agreement with CDSL and NSDL for dematerialisation of securities.
2001
- The Company announced its open offer to shareholders for acquisition of 12.79 lakh equity shares.
2004
- The Board recommended a final dividend of Rs 2/- per Equity Share.
- Foseco India set a target of 10% share in the global market.
2005
- The Board recommended 40% dividend for the year ended December 31, 2004.
2006
- The Board recommended a final dividend at Rs 5.50 per equity share.
2007
- Mr. Sanjay Mathur was appointed as Managing Director of the Company.
2009
- The Board recommended payment of a final dividend of Rs 1.50 per equity share.
2010
- The Board recommended a final dividend of Rs. 7/- per equity share.
- Mr. Aditya Jakotia was appointed as Company Secretary of the Company.
2011
- The Board recommended payment of a final dividend of Rs. 7/- per equity share.
2012
- The Board recommended a final dividend of Rs. 7/- per equity share.
- Mr. Pradeep Mallick was appointed as Chairman of the board.
- Mr. Christopher Nail was appointed as Additional Director of the Company.
2013
- Ajit Shah was appointed as an Additional Director of the Company.
2014
- The Board recommended a final dividend of Rs. 15.50 per equity share.
2017
- Vesuvius was awarded a turnkey project in thyssenkrupp CSA for Robotic Casting Technology installation.
2018
- Vesuvius PLC joined forces with Sapotech Oy to enhance steel production process.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800