Rhi Magnesita India Ltd

Rhi Magnesita India Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The trading window will be shut from July 1, 2026, and will reopen 48 hours after the declaration of the company's financial results for the quarter ending June 30, 2026. This measure is standard practice to prevent potential insider trading during periods when material non-public information might be available.

RHI Magnesita India Ltd. has announced a strategic joint venture with Khemka Refractories Pvt. Ltd. to establish a greenfield refractory recycling facility in Odisha, India. This collaboration aims to accelerate circular economy principles by focusing on the recovery, processing, and reuse of spent refractory materials. The facility will enhance resource efficiency, reduce dependence on virgin raw materials, and contribute to lower carbon emissions. RHI Magnesita will hold a 51% stake, with Khemka Refractories holding 49%. The JV is expected to close in Q3 2026, strengthening India's refractory recycling ecosystem and supply chain resilience.

RHI Magnesita India Ltd announced that its Board of Directors has approved entering into a Joint Venture Agreement with Khemka Refractories Private Limited. The JV aims to establish a greenfield refractory recycling facility in Odisha, India, to accelerate circular business models. Initially, the JV company will be a wholly owned subsidiary of RHI Magnesita India, which will then allot 49% of its shares to Khemka. The company also approved the incorporation of a private limited company for this venture, subject to requisite approvals.

Rhi Magnesita India Ltd announced that its Board of Directors has approved entering into a Joint Venture Agreement with Khemka Refractories Private Limited. The JV aims to establish a greenfield refractory recycling facility in Odisha, India, to accelerate circular business models. The new JV Company will initially be a wholly owned subsidiary of Rhi Magnesita India, with Khemka Refractories acquiring a 49% stake post-incorporation. This strategic move is subject to requisite regulatory approvals and fulfillment of terms outlined in the JV agreement.

RHI Magnesita India Ltd announced that its Board of Directors has approved entering into a Joint Venture Agreement with Khemka Refractories Private Limited. The JV aims to establish a greenfield refractory recycling facility in Odisha, India, to accelerate circular business models. The new JV Company will initially be a wholly-owned subsidiary of RHI Magnesita India, with Khemka Refractories acquiring a 49% stake post-incorporation. The agreement is subject to requisite approvals and fulfillment of terms. The company also approved the incorporation of a private limited company.

RHI Magnesita India Ltd reported audited consolidated financial results for FY26. Revenue from operations reached ₹4,020 Crore, a 9% YoY increase. Shipment volumes were at 523 KT, up 5% YoY. Adjusted EBITDA stood at ₹477 crore, and adjusted PAT at ₹180 crore. The company's net debt/EBITDA turned negative at -0.1x, with operating cash flows at ₹409 crore. The results reflect resilience amidst pricing pressures, excess capacity, and inflationary trends.

RHI Magnesita India Ltd's board approved audited standalone & consolidated financial results for the quarter and year ended March 31, 2026. The board recommended a final dividend of ₹2.50 (250%) per fully paid-up equity share of Re. 1 each for the financial year 2025-26, subject to shareholder approval. Price Waterhouse Chartered Accountants LLP issued unmodified audit reports on the financial statements.

The Board of Directors of RHI Magnesita India Limited, in its meeting on May 29, 2026, recommended a final dividend of ₹2.50 (250%) per fully paid-up equity share of Re. 1 each for the financial year 2025-26. This is subject to shareholder approval at the upcoming Annual General Meeting. The dividend will be paid to eligible shareholders as of the record date, which will be announced later. The board also approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. Price Waterhouse Chartered Accountants LLP issued unmodified audit reports on these financial statements.

RHI Magnesita India Ltd's board approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The board recommended a final dividend of ₹2.50 (250%) per equity share of Re. 1 for FY26, subject to shareholder approval. Price Waterhouse Chartered Accountants LLP issued unmodified audit reports on the financial statements.

Company 534076 announced the adjournment of its Board Meeting, originally scheduled for May 28, 2026. The postponement was due to the non-approval of financial statements from one of its subsidiary companies by its own board and subsequently by the company's Audit Committee. Both the Audit Committee and Board meetings are now rescheduled for Friday, May 29, 2026. The agenda for the adjourned meeting includes considering and approving the audited standalone and consolidated financial statements for the quarter and year ended March 31, 2026, and potentially recommending a final dividend for the same financial year. The trading window for designated persons and their relatives will remain closed until May 31, 2026.