Announced Mon, 22 Jun · 17:32 IST
Postal Ballot Results: All 4 Related Party Transaction Resolutions Approved
Board & Shareholder Meetings View source PDF
RHIM · 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
-1.7%1-day move
₹388.00
prior close
₹386.15
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.2+0.2+1.2-1.7-3.4-4.0-5.4+0.5-1.2+4.3+2.1——
Up moveDown movePending
AI summary
RHI Magnesita India shareholders approved all 4 postal ballot resolutions via remote e-voting, results declared on 21 June 2026. Resolutions cover material related party transactions with parent RHI Magnesita GmbH: sale/purchase of goods, inter-company services, royalty payments, and omnibus FY26-27 approval. Approval ranged from 96.10 percent to 99.79 percent. Promoters holding 56 percent stake did not vote as interested party. About 17.27 percent of total shares were polled.
Likely market impact
Smooth continuity of related party deals with parent entity; no governance concern as all resolutions passed with strong majority.