RHI MAGNESITA INDIA LIMITED — Others, 12-11-2024: Corrigendum

RHI Magnesita India Ltd. has communicated the end of Dr. Vijay Sharma's tenure as Independent Director and Chairman, effective from the close of business on 11 November 2024, after completing his second term. The Board has acknowledged his valuable contributions. Mr. Parmod Sagar, currently Managing Director & CEO, will assume the title of Chairman, Managing Director & CEO starting 12 November 2024. This leadership transition may stabilize operations and governance, allowing the company to maintain continuity in strategic direction. Investors may view this positively, anticipating effective leadership amid potential future growth.