RHI Magnesita India postal ballot: all 4 RPT resolutions with parent GmbH passed
RHIM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
RHI Magnesita India announced postal ballot results for 4 resolutions, all about related party transactions with parent RHI Magnesita GmbH covering sale/purchase of goods, inter-company services, royalty payments, and an omnibus FY 2026-27 approval. All passed. Resolution 1 got 96.10% in favour; Resolutions 2, 3 and 4 got 99.79%, 99.77% and 99.78% in favour. Promoters abstained as an interested party. Total polling was 17.27% of outstanding shares. Results declared on 22 June 2026, last e-voting date 21 June 2026.
Routine shareholder approval of RPTs with parent. Lets the company continue business with RHI Magnesita GmbH through FY27. Expected outcome, no surprise.