General Updates

RHI MAGNESITA INDIA LTD. 19th & 20th Floor, DLF Square, M-Block, Phase II, Jacaranda Marg, DLF City, Gurugram, Haryana 122002 T +91 124 4299000 E corporate.india@rhimagnesita.com www.rhimagnesitaindia.com 18 August 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No. C/1, G Block, Bandra Kurla Complex, Dalal Street, Mumbai – 400 001, India Bandra (East), Mumbai – 400 051, India BSE Scrip Code: 534076 NSE Symbol: RHIM Total Number of Pages (including covering letter): 1 Subject: Intimation regarding effectiveness of Scheme of Merger of Intermetal Engineers (India) Private Limited with and into Ashwath Technologies Private Limited Dear Sir/Madam, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), read with the SEBI Master Circular No. HO/CFD/PoD2/P/CIR/2026/3762 dated 30 January 2026, and in continuation of the Company's earlier disclosure dated 22 May 2026, we wish to inform you that Intermetal Engineers (India) Private Limited ("Intermetal" or "Transferor Company"), a wholly owned subsidiary of RHI Magnesita India Limited ("Company"), has received today, i.e. 18 August 2026, the copy of the Order in Form CAA-12 issued by the Office of the Regional Director, Western Region Directorate-II, Navi Mumbai, approving the Scheme of Merger of Intermetal with and into Ashwath Technologies Private Limited ("Ashwath" or "Transferee Company"), a wholly owned subsidiary of Intermetal. Accordingly, the Scheme of Merger has become effective upon completion of the necessary formalities in accordance with the applicable provisions of the Companies Act, 2013. The Appointed Date of the Scheme is 1 April 2026. The Scheme is expected to result in operational efficiencies, rationalisation of the corporate structure and administrative synergies, thereby yielding benefits for the companies and their stakeholders, including shareholders, creditors and employees. The disclosures required under Regulation 30 of the Listing Regulations and the aforesaid SEBI Master Circular were submitted vide the Company's letter dated 22 May 2026, and the same may be referred to in this regard. Consequent to the effectiveness of the Scheme and dissolution of Intermetal without winding up, Ashwath Technologies Private Limited has become a direct wholly owned subsidiary of RHI Magnesita India Limited. Further, with effect from 18 August 2026: • Mr. Parmod Sagar (DIN: 06500871) and Mr. Azim Syed (DIN: 10641934) have resigned as Directors of Ashwath Technologies Private Limited. • Mr. Pankaj Malhan (DIN: 08516185), Mr. RaviKumar Masagoundan Pudhur Periyasamy (DIN: 11897968) and Mr. Abhishek Bajaj (DIN: 10872388) have been appointed as Directors of Ashwath Technologies Private Limited. • Mr. Pankaj Malhan (DIN: 08516185) has also been appointed as the Chairman of Ashwath Technologies Private Limited. You are requested to take the above information on record and treat the same as compliance under the applicable provisions of the Listing Regulations. Yours faithfully, For RHI Magnesita India Limited Sanjay Kumar Company Secretary (ICSI Membership No.: A17021) Registered Office: Unit No.705, 7th Floor, Lodha Supremus, Kanjurmarg Village Road, Kanjurmarg (East), Mumbai-400042, T +91 22 49851200 CIN: L28113MH2010PLC312871 RHI MAGNESITA RHI MAGNESITA INDIA LTD. 19" & 20" Floor, DLF Square, M-Block, Phase Il, Jacaranda Marg, DLF City, Gurugram, Haryana 122002 T +91 124 4299000 E corporate.india@rhimagnesita.com www.rhimagnesitaindia.com 22 May 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No. C/1, G Block, Dalal Street Bandra Kurla Complex, Bandra (East) Mumb-a 40i0 001, India Mumbai-400 051, India BSE Scrip Code: 534076 NSE Symbol: RHIM Dear Sir/Ma’am, Subject: Intimation regarding Scheme of Merger/ Amalgamation of Intermetal Engineers (India) Private Limited i.e. wholly owned Subsidiary of RHI Magnesita India Limited (“the Company”) with and into Ashwath Technologies Private Limited i.e. wholly owned subsidiary of Intermetal Engineers (India) Private Limited Reference: Regulation 30 (3) and (4) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 read with Schedule Ill of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we hereby notify the Stock Exchanges that Intermetal Engineers (India) Private Limited (“Intermetal/ Transferor Company”) which is wholly owned subsidiary of RHI Magnesita India Limited and Ashwath Technologies Private Limited (“Ashwath/ Transferee Company”) which is wholly owned subsidiary of Intermetal in their respective board meetings held today i.e. 22 May 2026 have considered and approved the scheme of Merger of Intermetal with and into Ashwath under the provisions of Section 233 of the Companies Act, 2013 and the rules made thereunder. The Appointed Date of the Scheme is 01 April 2026. The Scheme proposed is to the advantage of the Transferor Company and Transferee Company and will yield beneficial results for the shareholders, creditors, employees, and all concerned. In accordance with the Listing Regulations and SEBI Circular HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated 30 January 2026, regarding the disclosure of material events/information by listed entities under Regulation 30 of the Listing Regulations, the brief details of the Scheme is annexed herewith as Annexure I. We request you to take this intimation on record and treat the same to be in compliance with the applicable provisions of the Listing Regulations. Yours faithfully, For RHI Magnesita India Limited Sanjay Kumar oaezasoss s o5 Sanjay Kumar Company Secretary (ICSI Membership no. A17021) Encl: Annexure A Registered Office: Unit No.705, 7" Floor, Lodha Supremus, Kanjurmarg Village Road, Kanjurmarg (East), Mumbai-400042, T +91 22 49851200 CIN: L28113MH2010PLC312871 RHI MAGNESITA RHI MAGNESITA INDIA LTD. 19™ & 20" Floor, DLF Square, M-Block, Phase Il, Jacaranda Marg, DLF City, Gurugram, Haryana 122002 T +91 124 4299000 E corporate.india@rhimagnesita.com www.rhimagnesitaindia.com Annexure A 1. Name of the entity(ies) forming part of the amalgamation/merger, details in brief such as, size, turnover etc.: Name of the Entity(ies) Turnover for the year ended 2026 (Amount in Rs. Lakh) Intermetal Engineers (India) Private Limited 547.44 (Transferor Company) Ashwath Technologies Private Limited 1,737.68 (Transferee Company) 2. Whether the transaction would fall within related party transactions? If yes, whether the same is done at “arm’s length”: The scheme involves the amalgamation of Holding Company with and into its wholly owned subsidiary Company. Therefore, itis exempted as per Regulation 23(5)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Furthermore, in accordance with the General Circular No. 30/2014 dated July 17, 2014, issued by the Ministry of Corporate Affairs, transactions resulting from compromises, arrangements, and amalgamations under the Companies Act, 2013, are not subject to the requirements of Section 188 of Companies Act, 2013. 3. Area of business of the entity(ies): Name of the Entity(ies) Business of Entity(ies) Intermetal Engineers (India) Private Limited To Manufacture, Sale, Purchase, Import, Export and (Transferor Company) otherwise deal in Machinery and Equipments Ashwath Technologies Private Limited | including Consufomr tahe bSteell Pelansts. (Transferee Company) 4. Rationale for amalgamation/ merger: The proposed Scheme is in the interest of the Transferor Company and Transferee Company and their respective shareholders and creditors. The management of each of the Companies is of the opinion that the merger of the Transferor Company into the Transferee Company will result in, inter alia, the following benefits: (i) To simplify and [Showing first 8,000 characters — download PDF for full document]