29th Mar 2023 17:19
RHI Magnesita NV - Vienna-based supplier of refractory products - Launches an an equity raise via the placing of new shares in its 60% owned subsidiary, RHI Magnesita India Ltd. Says RHIM India is listed on the National Stock Exchange of India and the Bombay Stock Exchange. The company plans to use the proceeds for the repayment of loans used to finance the acquisitions of the refractory businesses of Dalmia Bharat Refractories Ltd and Hi-Tech Chemicals Ltd, and for general corporate purposes. Read More