RHI Magnesita India Ltd
RHI Magnesita India Ltd Company History
RHI Magnesita India is primarily engaged in the business of manufacturing and trading of refractories, monolithics, bricks and ceramic paper, rendering management services and has manufacturing facilities in Bhiwadi (Rajasthan), Visakhapatnam (Andhra Pradesh), Cuttack (Orrisa) and Jamshedpur (Jharkhand).
2012
Mr. Sanjay Kumar, Company Secretary has been appointed as Compliance Officer of the Company.
2012
2013
Orient Refractories Ltd has informed that recommended a final dividend @ Rs. 1.00 per equity shares of Rs. 1.00 each.
2013
2014
Orient Refractories Ltd has recommended a final dividend of ` 1.25 (125%) per share on fully paid-up equity share of ` 1.00 each.
Orient Refractories Ltd has approved shifting of registered office of the Company from 1307, Chiranjiv Tower, 43, Nehru Place, New Delhi-110019 to 804A, Chiranjiv Tower, 43, Nehru Place, New Delhi-110019 w.e.f. June 01, 2014.
2014
2018
Regarding expansion of Isostatic production capacity from 9,300 tons per year to 11,700 tons per year at Bhiwadi, the plant has been successfully commissioned on 17 May 2018 and the commercial production will start from June'2018.
2018
2019
The Company has completed the process of acquisition of above said assets / plant & machinery on 26 September 2019.The same will help the Company in diversification of its existing product line by adding new products like Magnesia Carbon Bricks etc.
The Company has completed the formalities with regard to acquisition of the entire paid-up equity share capital of "Intermetal Engineers India Private Limited" (IEIPL) [CIN: U28920MH1988PTC047421] comprising of 1,597 equity shares of Rs.100/- each to make it a Wholly Owned Subsidiary of the Company.
2019
2020
Scheme of Amalgamation and Arrangement between Orient Refractories Limited and RHI India Private Limited & RHI Clasil Private Limited and their respective shareholders ("Scheme") Dear Sir /Madam, With reference to the subject matter, we wish to inform that the Company has decided to file an appeal to National Company Law Appellate Tribunal against the order dated 2nd March 2020 of National Company Law Tribunal, Mumbai bench, rejecting the captioned scheme of amalgamation and arrangement.Â
 2021
RHI Magnesita India today announced the operationalization of its regional R&D center in India. This is the fifth R&D facility in the company's global R&D network after Leoben (Austria), Contagem (Brazil), Dalian (China) and York (United States). The company has also committed a Rs 400 crore investment to expand its India production capacity.Â
Company name has changed to RHI Magnesita India Ltd. from Orient Refractories Ltd..
 2022
RHI announced that it will acquire refractory business of Hi-Tech Chemicals via a slump sale on a going concern basis for a cash consideration of Rs 621 crore.Â
2020
