Citigroup bought 42,577 shares of Foseco India for ₹25.11 Cr at ₹5897.00 apiece in a block deal.
A manufacturer of specialty chemicals for the metallurgical industry, Foseco India produces additives and consumables that enhance the physical properties and performance of castings. Incorporated in 1958, the company supplies critical products to metal foundries and casting operations across India. Its specialized focus on metallurgical solutions and technical expertise in casting improvement distinguish it as a key player in the industrial chemicals sector.
US-based global investment bank with around USD 2.4 trillion in assets. India FPI activity covers proprietary, market-making and client flows in listed Indian equities.