Announced Sat, 26 Sept, 2026 · 16:41 IST
RPEL incorporates JV with TRLK for silica ramming mass business
RPEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+2.6%1-day move
₹1675.00
prior close
₹1689.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.8-0.5-0.7-0.8+2.6+8.1+7.6+10.4+9.6+2.7————
Up moveDown movePending
AI summary
RPEL and TRL Krosaki Refractories have incorporated a JV called RPEL TRLK Silicatech Private Limited in Odisha on 25 September 2026. The entity will develop, manufacture and sell silica ramming mass and other refractories. RPEL holds 80 percent stake, subscribed at face value of Rs 10 per share in cash. It is a related party transaction as RPEL and the new entity share common directors. Turnover is currently nil.
Likely market impact
Expands RPEL into refractories manufacturing via a majority-owned JV with an established industry partner. Aligns with core business.