02:57 AM EDT, 08/28/2026 (MT Newswires) -- Morgan Advanced Materials (MGAM.L) sold 1.2 million shares in Foseco India Ltd. for gross consideration of 6.53 billion Indian rupees, marking its full exit from the company's shareholding. The materials science and application engineering company expects to receive 53 million pounds sterling in net proceeds, which will be used to reduce debt, according to a Friday release.

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