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Foseco India Ltd has clarified, in response to an enquiry from the NSE, that the company is not aware of or has been notified of any intention to buy out the minority shareholders as suggested in the news reports and it has no plans to make an open offer.
During the morning trade today, the stock was quoting at Rs 575.90, down by 0.99 per cent against the previous close of Rs 581.65.
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