RHI Magnesita India Ltd. issues a postal ballot notice seeking shareholder approval via four ordinary resolutions for material related party transactions with fellow subsidiary RHI Magnesita GmbH.
The proposed transactions, valid for 3 years, cover sales, purchases, services, royalty payments, and omnibus deals with estimated annual values exceeding INR 180,000 lakhs.
Remote e-voting is managed by NSDL, open from 23 May to 21 June 2026, with results to be declared on or before 23 June 2026.
The Audit Committee and Board have approved the transactions, deeming them arm's length and in the ordinary course of business, with no related parties permitted to vote.