RHI Magnesita India completes merger of wholly owned subsidiary
RHI Magnesita India, a publicly listed refractories and metallurgical products manufacturer, merged a wholly owned subsidiary company pursuant to the scheme of merger or amalgamation under the Companies Act 2013. The intimation to NSE confirms that all statutory approvals (NCLT/MCA, shareholder approval, creditor sanction where applicable) have been obtained and the merger has been formally completed. The company disclosed the completion to the stock exchange in accordance with Listing Regulations schedule of material corporate actions.
Why it mattersSubsidiary merger completion requires careful review of the Companies Act 2013 fast-track merger provisions (s. 233–240) and stock exchange disclosure timelines; this signals completion of pre-merger approvals and formal closure.
Counsel—
SectorMetals & Mining
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Sources
- NSE Archives - RHI Magnesita India Limited General Updates (18 Aug 2026) · official
- RHI Magnesita Limited Corporate Filings & Investor Relations · official
- Ministry of Corporate Affairs - MCA Merger Notifications · official
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