RHI Magnesita India streamlines operations by merging two subsidiaries, resulting in a more simplified structure. Notably, this merge doesn't require any cash outlay; instead, shares are distributed to the parent company. The combined revenues of the merging entities amounted to INR 547.4L and INR 1,737.7L respectively.
RHI MAGNESITA INDIA LIMITED
RHIM₹405.60trending_up+0.61%May 26, 2026
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Harsh Tiwari• 3d ago
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Deepak Rao• 5d ago
Rhi Magnesita has announced its intention to sell the assets of its Bhilai plant by 2026, as the plant has been closed since May 31, 2024. The decision was approved by the subsidiary's board on May 20, 2026.
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Jagdish Malhotra• 5d ago
On May 28, 2026, the board of RHI Magnesita India Ltd will review and approve the financial results for FY26, as well as recommend a final dividend. However, trading in RHI Magnesita shares will be suspended from May 28 to May 30, 2026, following regulatory guidelines.