RHI MAGNESITA INDIA Pankaj Malhan appointed
RHI MAGNESITA INDIA (RHIM) said Pankaj Malhan has been appointed. The company is valued at about ₹7,947 crore.
What happened
RHI MAGNESITA INDIA (RHIM) told the exchanges on 30 September 2026 at 08:52 PM that Pankaj Malhan has been appointed.
Company snapshot
RHI MAGNESITA INDIA is a small-cap company in the Capital Goods sector, with a market value of about ₹7,947 crore.
The stock last traded at ₹384.9, against a 52-week range of ₹323.1–₹508.3 (24.3% below the high).
Before this filing the shares had moved +4.7% over the month and −0.3% over three months. Average daily turnover over the last 20 sessions was about ₹39.17 crore.
Promoters held 56.07% at the end of Q1 FY27. Foreign institutions owned 3.98% and domestic institutions 14.35%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 960 | 35.3 | 1.71 |
| Q2 FY26 | 1,035 | 38.3 | 1.85 |
| Q3 FY26 | 1,092 | 61.6 | 2.99 |
| Q4 FY26 | 932 | -518.1 | -25.09 |
| Q1 FY27 | 1,014 | 64.6 | 3.13 |
What history shows
BCEIE's records show 7 previous management change filings from the company since May 2026.
After those filings, the stock gained 9.6% on average the next trading day and was up 6.2% on average after five days (6 filings with price data).
Across 208 similar disclosures by other Capital Goods companies, shares moved −0.0% on average the next day and +0.4% over five days; 50% of them rose the next day.
Market-wide, 3,837 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 30 Jun 2026 | Resignation of Director/KMP/SMP | +9.6% | +6.1% |
| 30 Jun 2026 | Management change | +9.6% | +6.1% |
| 30 Jun 2026 | Management change | +9.6% | +6.1% |
| 30 Jun 2026 | Management change | +9.6% | +6.1% |
| 30 Jun 2026 | Management change | +9.6% | +6.1% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
In the news
Recent coverage elsewhere (links open the original publisher):
- Indian, US steel markets buoy refractories amid base metal project delays: RHI Magnesita
- Dalmia Bharat Refractories sells 11.11% RHI Magnesita stake for ₹826 crore
- RHI Magnesita approves merger of wholly owned subsidiaries
- RHI Magnesita block deal: Dalmia Bharat Refractories sells 11.11% stake for ₹826 crore
- Dalmia Bharat Refractories sells 11.1% stake in RHI Magnesita to Clarus Capital, Bandhan MF, SBI MF,...
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.