RHI Magnesita India Limited has announced the record date for its final dividend. The company's board of directors has set Friday, September 12, 2025, as the record date for determining shareholder eligibility for the proposed dividend of Rs. 2.50 per equity share.

Dividend Details

The final dividend, subject to shareholder approval at the upcoming 15th Annual General Meeting (AGM), will be paid to eligible shareholders holding shares in both dematerialized and physical form as of the record date. Key points of the dividend announcement include:

• Dividend Amount: Rs. 2.50 per equity share of Re. 1/- each
• Record Date: Friday, September 12, 2025
• Subject to: Shareholder approval at the AGM
• Payment Date: By Friday, October 25, 2025 (if declared at the AGM)

Eligibility Criteria

The dividend, if approved, will be paid to:

1. Beneficial owners holding shares in dematerialized form, as per the data provided by National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL), as of the end of day on September 12, 2025.

2. Members holding shares in physical form, after giving effect to valid transmission or transposition requests lodged with the company, as of the close of business hours on September 12, 2025.

Tax Implications

Shareholders should note that the dividend will be subject to deduction of applicable taxes as per prevailing regulations.

Annual General Meeting

The company has previously intimated about the 15th Annual General Meeting, book closure date, cut-off date, and e-voting period on August 14, 2025. The AGM details have been published in newspapers, including:

• Business Standard (Mumbai Edition) on Friday, August 15, 2025
• Pratahkal (Mumbai Edition) on Friday, August 15, 2025

Investors and shareholders are advised to take note of these important dates and ensure their records are updated with their respective depository participants or the company's registrar and transfer agent.

RHI Magnesita India Limited continues to maintain transparency in its corporate actions, keeping shareholders informed about important financial decisions and dates through timely disclosures to the stock exchanges.

RHI Magnesita , a leading global supplier of refractory products, has announced significant expansion plans and ambitious market share targets across key segments during a recent conference call. The company's strategy focuses on increased capital expenditure, market share growth, and localization of production for high-margin products.

Capital Expenditure Set to Double

RHI Magnesita revealed plans to substantially increase its capital expenditure. The company expects to double its capex from last year's levels, signaling a strong commitment to growth and expansion. Furthermore, the firm aims to maintain this elevated level of investment, with plans to return to FY24 capex levels in the following year.

Cement Market Share Surge

One of the most notable achievements highlighted during the call was RHI Magnesita's remarkable growth in the cement market. Following the strategic acquisition of Dalmia, the company has substantially increased its cement market share from 12-13% to 42-43%. This significant jump positions RHI Magnesita as a major player in the cement industry.

Financial Outlook and Growth Targets

Looking ahead to FY26, RHI Magnesita has set ambitious targets for both profitability and growth:

These targets reflect the company's confidence in its strategic initiatives and market positioning.

Iron-Making Segment Expansion

RHI Magnesita has set its sights on significant growth in the iron-making segment. The company's current market share in this sector stands at 13%, but it has outlined an aggressive target to expand this to 25-30% over the next 2-3 years. This ambitious goal underscores the company's commitment to strengthening its position across diverse market segments.

Localization of High-Margin Production

In a move to enhance efficiency and cater to the Indian market, RHI Magnesita plans to localize the production of high-margin products. This initiative will leverage the recently acquired Resco and PDD factories, allowing the company to better serve the Indian market with locally produced, high-value offerings.

Investor Communication

As part of its commitment to transparency and investor relations, RHI Magnesita held a conference call to discuss its first-quarter earnings performance for the period ended June 30. The company has made the audio recording of this call available on its website, demonstrating its dedication to keeping shareholders informed about its financial performance and strategic initiatives.

RHI Magnesita's ambitious expansion plans, coupled with its strong market share growth and focus on high-margin product localization, signal a robust growth strategy. As the company moves forward with these initiatives, investors and industry observers will be keenly watching to see how these plans translate into financial performance and market positioning in the coming years.