Dalmia Bharat Refractories sells 11.11% RHI Magnesita stake
In short
Dalmia Bharat Refractories sold an 11.11% stake in RHI Magnesita for ₹826 crore. SBI Mutual Fund led the buying with an 8.07% stake worth about ₹600 crore.
This changes who owns the shares and may affect the stock. The report does not give the full final ownership split after the deal.
What the reporting says
Dalmia Bharat Refractories sold an 11.11% stake in RHI Magnesita in a block deal worth ₹826 crore, according to the headline report. The publisher summary says SBI Mutual Fund led the buyers with an 8.07% stake worth about ₹600 crore, while Bandhan MF, Nippon India MF and Clarus Capital also bought shares. The immediate effect is a large ownership transfer; the reporting does not state the final full buyer list or post-deal holdings.
Why it matters
Dalmia Bharat Refractories sold 11.11% of RHI Magnesita in a ₹826 crore block deal, with SBI Mutual Fund leading buyers and Bandhan MF, Nippon India MF and Clarus Capital also participating. That is a significant stake transfer in the market. The available reporting does not state why the seller exited or what the final combined buyer holding is.