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RHI Magnesita India block deal: Dalmia Bharat Refractories sells 11.11%

Dalmia Bharat Refractories sold an 11.11% stake in RHI Magnesita India in an NSE block deal on Tuesday, raising around ₹826 crore.

DALBHARATRHIM
SquawkNews Desk

Shares of refractory products maker RHI Magnesita India were traded in a large block deal on the NSE on Tuesday (September 22), with Dalmia Bharat Refractories selling an 11.11% stake in the company for around ₹826 crore. Exchange data showed Dalmia Bharat Refractories sold 2.29 crore shares.

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