VERIFIEDET Markets·22 Sept 2026neutral

RHI Magnesita block deal: Dalmia Bharat refractories divests 11.11% stake for Rs 826 crore; SBI MF, Bandhan MF among buyers

AI Summary

·Dalmia Bharat Refractories divested 11.11% stake in RHI Magnesita India for Rs 826 crore.
·SBI Mutual Fund and Bandhan Mutual Fund were among the buyers in the block deal.
·RHI Magnesita shares saw a gain of 3.04% to Rs 379.20 following the transaction.