RHI Magnesita block deal: Dalmia Bharat refractories divests 11.11% stake for Rs 826 crore; SBI MF, Bandhan MF among buyers

Sep 22, 2026

Dalmia Bharat Refractories sold 2.29 crore RHI Magnesita India shares, or 11.11% of equity, through a Rs 826 crore block deal at Rs 360 apiece. SBI Mutual Fund led purchases, while RHI Magnesita shares gained 3.04% to Rs 379.20.

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