BSEInsider Trading / SAST1d ago · 24 Sept 2026, 02:56 pm
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Dalmia Bharat Refractories Ltd
Rhi Magnesita India Ltd · 534076
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Rhi Magnesita India Ltd has disclosed a substantial acquisition of shares in Dalmia Bharat Refractories Ltd, acquiring 2,70,20,000 shares, representing 13.08% of the total voting capital of the company.
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Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment5/10
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Rhi Magnesita India Ltd - 534076 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
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BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex
Dalal Street, Mumbai-400001 Bandra (East), Mumbai
RHI Magnesita India Ltd
19th & 20th Floor, DLF Square,
M-Block, Phase II, Jacaranda Marg,
DLF City, Gurugram, Haryana 122002
Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers)
Regulations, 2011
RHI Magnesita India Ltd
Name of the Target Company (TC)
Dalmia Bharat Refractories Limited
Name(s) of the acquirer/Seller and Persons Acting in Concert
(PAC) with the acquirer
Whether the acquirer belongs to Promoter/Promoter group
BSE Limited and National Stock Exchange of India
Name(s) of the Stock Exchange(s) where the shares of TC are
Limited
Listed
Number % w.r.t. total % w.r.t. total
share/voting diluted
Details of the acquisition / disposal as follows capital share/voting
wherever capital of the TC
applicable (*) (**)
Before the acquisition/disposal under consideration of:
a) Shares carrying voting rights
2,70,20,000 13.08% 13.08%
b) Shares in the nature of encumbrance (pledge/ lien/
Nil Nil Nil
non disposal undertaking/ others)
c) Voting rights (VR) otherwise than by shares
Nil Nil Nil
d) Warrants/convertible securities/any other instrument that
entitles the acquirer to receive shares carrying voting Nil Nil Nil
rights in the T C (specify holding in each category)
e) Total (a+b+c+d) 2,70,20,000 13.08% 13.08%
Details of acquisition/sale
a) Shares carrying voting rights acquired/sold
2,70,20,000 13.08% 13.08%
b) VRs acquired /sold otherwise than by shares Nil Nil Nil
c) Warrants/convertible securities/any other instrument Nil Nil Nil
that entitles the acquirer to receive shares carrying voting
rights in the TC (specify holding in each category)
acquired/sold
d) Shares encumbered / invoked/released by the acquirer Nil Nil Nil
Total (a+b+c+/-d) 2,70,20,000 13.08% 13.08%
After the acquisition/sale, holding of:
Nil Nil Nil
a) Shares carrying voting rights
b) Shares encumbered with the acquirer
Nil Nil
c) VRs otherwise than by shares Nil Nil
d) Warrants/convertible securities/any other instrument
that entitles the acquirer to receive shares carrying Nil Nil Nil
voting rights in the TC (specify holding in each
category) after acquisition
Total (a+b+c+d) Nil Nil Nil
Open Market (BSE Limited and National Stock
Mode of acquisition / sale (e.g. open market / off-market /
Exchange of India Limited)
public issue / rights issue / preferential allotment / inter-se
transfer etc).
During the period 21.05.2026 till 22.09.2026
Date of acquisition / sale of shares / VR or date of receipt
of intimation of allotment of shares, whichever is
applicable
20,65,01,426 Equity Shares of Re. 01/- each
Equity shares capital / total voting capital of the TC before
the said acquisition / sale
20,65,01,426 Equity Shares of Re. 01/- each
Equity shares capital/ total voting capital of the TC
after the said acquisition / sale
20,65,01,426 Equity Shares of Re. 01/- each
Total diluted share/voting capital of the TC after the
said acquisition
(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the
Stock Exchange under Clause 35 of the listing Agreement.
(**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion
of the outstanding convertible securities/warrants into equity shares of the TC.
For and on behalf of Dalmia Bharat Refractories Limited
Soumya Sharma
Company Secretary & Compliance Officer
Membership No. A60934
Place: Delhi
Date: 24.09.2026