Foseco India Limited
Invesco Mutual Fund bought 2,54,446 shares of Foseco India for ₹150.05 Cr at ₹5897.00 apiece in a block deal on August 27, 2026.
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.
Indian subsidiary of Invesco Ltd, a US-listed global investment manager with over USD 1.8 trillion in AUM worldwide. Manages over Rs 1.2 lakh crore in India. Known for its Invesco India Contra Fund, which runs a contrarian, undervalued stock strategy against consensus market positioning. One of the few global AMC franchises maintaining a strong active equity presence in India.