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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 to announce Quarterly Result
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Corporate News
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30-Jul-24
11:29
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RHI Magnesita India CFO resigns
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Corporate News
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19-Feb-24
16:14
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RHI Magnesita India to conduct AGM
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Corporate News
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30-Aug-24
16:53
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RHI Magnesita India consolidated net profit rises 64.77% in the June 2022 quarter
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Results
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Announcements
11-Aug-22
08:49
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RHI Magnesita India consolidated net profit declines 43.16% in the June 2023 quarter
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Results
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Announcements
11-Aug-23
07:45
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RHI Magnesita India to convene board meeting
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Corporate News
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03-Aug-22
14:11
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Dalmia OCL to acquire balance 49% stake in RHIM Seven
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Corporate News
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22-Apr-23
14:48
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Volumes soar at Nilkamal Ltd counter
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Hot Pursuit
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11-Jan-22
14:30
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RHI Magnesita soars on acquiring Indian refractory business of Dalmia
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Hot Pursuit
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21-Nov-22
11:36
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RHI Magnesita India consolidated net profit rises 32.41% in the September 2021 quarter
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Results
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Announcements
13-Nov-21
08:15
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Orient Refractories consolidated net profit rises 32.56% in the March 2021 quarter
(
Results
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Announcements
26-Jun-21
07:44
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