RHI MAGNESITA INDIA LIMITED — Important, 01-08-2025: Updates

RHI Magnesita India's wholly-owned subsidiary, Intermetal Engineers, has completed the acquisition of 100% shareholding in Ashwath Technologies Private Limited. This strategic move makes Ashwath a step-down subsidiary of the company, strengthening its operational structure. The final acquisition cost for this development was Rs 14.12 Cr. This completion is expected to contribute to the company's overall business growth.