Please find enclosed herewith Notice of Postal Ballot
RHIM · price
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RHI Magnesita India is seeking shareholder approval via postal ballot for four material related party transactions with its fellow subsidiary RHI Magnesita GmbH. The resolutions cover: (1) sale of products and purchase of materials, traded goods, raw materials, spares, and plant & machinery; (2) intercompany services and corporate overheads; (3) royalty payments for trademark, patent and know-how; and (4) an omnibus approval for miscellaneous intercompany transactions. All transactions are for a period of 3 years (FY 2026-27 to FY 2028-29) and will be conducted at arm's length in the ordinary course of business. The e-voting period runs from May 23, 2026 to June 21, 2026. Related parties are barred from voting on these resolutions.
Shareholders should assess whether the terms of these related party transactions are fair and in the company's best interest, as RHI Magnesita GmbH is a fellow subsidiary and thus a related party. The transactions appear routine for group companies but require independent shareholder approval under SEBI regulations.