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Raghav Productivity Enhancers Ltd · 539837
✦ AI Summary▲ PositiveJoint Venture
Raghav Productivity Enhancers Ltd (RPEL) has announced a joint venture with TRL Krosaki Refractories Ltd (TRLK) to establish a silica ramming mass plant in Odisha with a capacity of 350,000 MTPA. The joint venture will leverage the complementary strengths of both companies, with RPEL providing its patented manufacturing technology and TRLK providing its global business franchise and access to high-quality raw materials.
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Raghav Productivity Enhancers Ltd - 539837 - Announcement under Regulation 30 (LODR)-Investor Presentation
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Date: 04-09-2026
The BSE Limted T he Listing Department
Phiroze Jeejeebhoy Towers The National Stock Exchange of India Ltd.
Dalal Street, Exchange Plaza, C-1, Block-G, Bandra-Kurla Complex,
MUMBAI- 400 001 Bandra (East), Mumbai- 400051
Scrip Code: 539837 Company Code: RPEL
Sub: Investors’ Presentation for the Joint Venture of the Company
Dear Sir / Madam,
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations 2015, we enclose herewith Investors’ Presentation for the Joint Venture of the
Company
You are requested to kindly take the same on record and inform all those concerned.
Yours Faithfully
For Raghav Productivity Enhancers Limited
Neha Rathi
(Company Secretary)
M.No.: A38807
Introduction to the Transaction
RPEL TRLK
RPEL Shareholding –80% TRLK Shareholding –20%
One of the global leaders in refractories
Patented manufacturing process, proven at its technology, through its India plant and parental
Newaiplants (near Jaipur, Rajasthan). pedigree of KrosakiHarima Corporationand
Nippon Steel, Japan.
Established customer base in East India and
Large-scale quartzite reserves under its
nearby geographies, to be strengthened and
ownership, among the largest in India.
expanded through this JV. JV COMPANY
Strong local establishment to provide
Strong customer value proposition, Pan-India
operational oversight and compliance
supply to 26 states and 40+ countries globally.
management in Odisha.
Customization and innovation capabilities Global business franchise supported by an
through data-driven R&D. experienced professional team.
Establish a silica ramming mass plant in Odisha Initial outlay of ~Rs.100 Crores to be funded by debt
with capacity of 350,000 MTPA. and equity.
PREMISE OF THE JV
Complementary strengths of RPEL and Targeting the largest and fastest growing Leverage best-in-class technology and
TRL Krosaki demand cluster –East India access to high-quality raw material
Overview of the Entities
Raghav Productivity Enhancers Ltd. TRL Krosaki Refractories Ltd.
Leading Indian refractory manufacturer with state-of-the-art technology and
World's largest manufacturer of silica ramming mass.
manufacturing facilities.
Market Leader and the most recognized brand in silica ramming mass industry Engaged in manufacturing, distribution and sale of all kinds of refractory
globally. products.
Originally started as a subsidiary of Tata Steel Ltd. in 1958; Krosaki Harima
Group capacity of 534K MTPA at its plants located in Newai, Rajasthan.
Corporation (KHC) acquired a controlling stake in 2011.
Pioneered the first fully automated silica ramming mass manufacturing plant Subsidiary of Krosaki Harima Corporation (KHC), Japan, and a step-down
with proprietary technology. subsidiary of Nippon Steel Corporation, Japan.
KHC is a global leader in refractory manufacturing technology, managing a
Obtained multiple patents for its innovative manufacturing technology. global network of 20+ manufacturing units, regional offices and subsidiaries
spread across Asia, Europe and North America.
Only silica ramming mass manufacturer to break geographical barriers; Nippon Steel Corporation is Japan's largest steel producer and the 3rdlargest
catering to customers across 26 states in India and 40+ countries globally. steel producer in the world; listed on the Tokyo Stock Exchange, Japan.
Industry R&D leader –developed high-performance products with
Operating one of India's largest quartzite mines in Odisha.
differentiated applications.
Turnover of ~Rs. 257 Crores in FY26. Listed on both BSE and NSE in India. Turnover of ~Rs. 2,880 Crores in FY26.
Key Terms of the Transaction
Capital Contribution &
Royalty
Shareholding Ratio
01 04
RPEL 80%, TRLK 20%. RPEL to receive a royalty for the use
of its patented manufacturing
intellectual property.
Exclusive Supply of Branding, Marketing & Sales
Quartzite Expertise
02 05
JV to secure its key raw material RPEL to use its brand & sales expertise
KEY TERMS
under a long-term supply to sell silica ramming mass in the East
agreement. OF THE TRANSACTION India market and nearby geographies.
Technology Company Management
03 RPEL to use its patented quartz 3-member Board: 2 from RPEL, 06
processing technology for 1 from TRLK.
manufacturing silica ramming mass.
Strategic Rationale for RPEL
STRATEGIC LOCATION
A manufacturing unit in East India, strategically positioned to serve the
country’s largest demand cluster.
Access to India's largest ramming mass consuming territory.
RAW MATERIAL SECURITY
2 Long-term consistent high-quality quartzite supply to JV company from
TRLK Mines.
LOGISTICS ADVANTAGE
Proximity to largest demand cluster will bring supply chain efficiency,
reducing delivery time and landed cost for customers, enabling faster
marketsharegains.
MANUFACTURING SYNERGIES
4 TRLK’s regional and global expertise complements RPEL’s patented
and automated manufacturing processes, customized product offerings
and R&D capabilities – to drive operational excellence and long-term
growth.
THANK YOU
Corporate Office:
436, 4th Floor, Alankar Plaza A-10,
Central Spine, Vidhyadhar Nagar, Jaipur,
Rajasthan - 302003
CIN: L27109RJ2009PLC030511
Contact: +91 96600 22532
Email ID: investor@rammingmass.com
Website: https://www.rammingmass.com/