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Dalmia Bharat Refractories on Tuesday divested more than an 11 per cent stake in RHI Magnesita India for Rs 826 crore through an open market transaction.RHI Magnesita India is one of the leading suppliers of high-grade refractory products.According to the block deal data available on the National S…
Dalmia Bharat Refractories sold 2.29 crore equity shares (11.1% stake) in RHI Magnesita India for Rs 825.88 crore via open market transactions on September 22.
Dalmia Bharat Refractories sold an 11.11% stake in RHI Magnesita India in an NSE block deal on Tuesday, raising around ₹826 crore.