Our promoters, Morganite Crucible Limited and Morgan Terrassen B.V. ('Promoters'), vide their letters dated 22 August 2025, that the Promoters and their and the Company's ultimate parent company, Morgan Advanced Materials plc have entered into a share purchase agreement ('SPA') on the date of this announcement with Foseco India Limited ('Acquirer'), and its promoters, Foseco Overseas Limited, Vesuvius Holdings Limited and Foseco (UK) Limited,