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Hot Pursuit
29-Mar-23
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RHI Magnesita gains after board to mull fund raising on 1 April
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RHI Magnesita India rallied 2.40% to Rs 594 after the company announced that its board will meet on Saturday, 1 April 2023, to consider raising upto Rs 200 crore via preferential allotment.
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"A meeting of the board of directors of the company is scheduled to be held on Saturday, 1 April 2023, inter alia to consider and approve the proposal for raising of funds by way of a preferential allotment by way of issue of equity shares to its promoters and / or the members of the promoter group of the company for an aggregate amount not exceeding Rs 200 crore," the company said in exchange filing.
RHI Magnesita India is the leading global supplier of high-grade refractory products, systems and solutions which are critical for high-temperature processes exceeding 1,200°C in a wide range of industries, including steel, cement, non-ferrous metals and glass. The company serves customers in India and more than 75 countries.
The company reported 23% fall in consolidated net profit to Rs 59 crore in Q3 FY23 from Rs 76 crore in Q3 FY22. Net sales jumped 18.7% year on year to Rs 644.85 crore in Q3 FY23.
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Previous News |
RHI Magnesita India consolidated net profit declines 32.89% in the December 2023 quarter
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Results
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Announcements
13-Feb-24
18:17
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RHI Magnesita India reports consolidated net loss of Rs 678.91 crore in the March 2023 quarter
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Results
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Announcements
31-May-23
12:43
)
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Board of RHI Magnesita appoints director
(
Corporate News
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06-Jan-23
09:48
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Board of RHI Magnesita India recommends final dividend
(
Corporate News
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31-May-23
12:55
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RHI Magnesita to acquire Indian refractory biz of Dalmia Bharat Refractories
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Corporate News
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06-Jan-23
09:45
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Orient Refractories schedules board meeting
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Corporate News
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21-Jul-20
12:29
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Orient Refractories
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Results
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Analysis
15-Feb-18
09:53
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Orient Refractories schedules AGM
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Corporate News
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21-Jul-20
14:12
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Orient Refractories
(
Results
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Analysis
18-May-18
15:30
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Board of RHI Magnesita India approves allotment of 2.7 cr equity shares for acquisition of Dalmia OCL
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Corporate News
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06-Jan-23
09:31
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Orient Refractories standalone net profit declines 8.99% in the March 2019 quarter
(
Results
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Announcements
29-May-19
17:12
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