RHI Magnesita India Ltd has submitted a regulatory disclosure pursuant to Regulation 30 of the SEBI Listing Regulations. This communication serves as a continuation of their previous letter dated 10 August 2026 regarding the intention of Price Waterhouse Chartered Accountant LLP to resign as Statutory Auditor.
The resignation applies to both RHI Magnesita India Ltd and its wholly-owned material subsidiary, RHI Magnesita India Refractories Limited (RHIMIRL). The stated rationale for the resignation is to align the statutory auditor with the company's Ultimate Holding Company, RHI Magnesita N.V.
This alignment is subject to obtaining the requisite approvals from the Audit Committee and Board of Directors of the respective companies. The company has indicated that detailed disclosures as required under the Listing Regulations and related circulars will be submitted within due timelines once signed resignation letters are received from the Statutory Auditor.
The intimation has been uploaded on the company's website at https://www.rhimagnesitaindia.com/.
The disclosure was signed by Sanjay Kumar, Company Secretary (ICSI Membership No. 17021), on 10 August 2026 at 13:56:29 IST.
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