RHI Magnesita India Ltd.

Key Quantitative Figures

Voting Results for Resolution 1 (Sale/Purchase of Products/Materials):

  • Votes in Favor: 33,805,512 shares (96.10% of valid votes)
  • Votes Against: 1,391,596 shares (3.90% of valid votes)
  • Invalid Votes: 0 shares

Voting Results for Resolution 2 (Inter-company Services/Overheads):

  • Votes in Favor: 35,597,338 shares (99.79% of valid votes)
  • Votes Against: 74,535 shares (0.21% of valid votes)
  • Invalid Votes: 0 shares

Voting Results for Resolution 3 (Royalty Payments):

  • Votes in Favor: 35,591,424 shares (99.77% of valid votes)
  • Votes Against: 80,449 shares (0.23% of valid votes)
  • Invalid Votes: 0 shares

Voting Results for Resolution 4 (Omnibus Approval for FY 2026-27):

  • Votes in Favor: 35,592,338 shares (99.78% of valid votes)
  • Votes Against: 79,535 shares (0.22% of valid votes)
  • Invalid Votes: 0 shares

Dates of Action

  • Postal Ballot Notice Date: 18 May 2026
  • Remote E-voting Commencement: 23 May 2026 at 9:00 AM IST
  • Remote E-voting Conclusion: 21 June 2026 at 5:00 PM IST
  • Resolutions Deemed Passed: 21 June 2026
  • Scrutinizer Report Date: 22 June 2026
  • Filing Date: 22 June 2026

Parties Involved

  • Related Party: RHI Magnesita GmbH
  • Scrutinizer: Naresh Verma, FCS (Membership No. FCS 5403; COP: 4424) of Naresh Verma & Associates
  • E-voting Agency: National Securities Depository Limited (NSDL)
  • Stock Exchanges: BSE Limited and National Stock Exchange of India Limited

Purpose/Rationale

The postal ballot sought shareholder approval for entering into/continuing material related party transactions with RHI Magnesita GmbH across four categories: (1) sale of products and purchase of materials, traded goods, raw materials, spares and plant and machinery; (2) inter-company services and corporate overheads; (3) payment of royalty; and (4) omnibus approval for FY 2026-27.

Voting Process Details

The remote e-voting was conducted through NSDL's platform. The company published advertisements in Business Standard (English) and Pratahkal (Marathi) newspapers on 20 May 2026. The electronic notice was sent to members whose email addresses were registered with the company/depositories as of 15 May 2026.

Result

All four ordinary resolutions were duly approved by members with the requisite majority and are deemed to have been passed on 21 June 2026.