Rhi Magnesita India Appoints New Director, Share Price Sees Rise

Rhi Magnesita India's Board of Directors has approved the appointment of Alvaro Martin Rivero as an additional non-independent, non-executive director, subject to shareholder approval. This announcement led to a nearly 4% increase in the company's share price on January 14, 2026, reaching an intraday high of 469.4 rupees on the BSE. The company's market capitalization stood at over 9,500 crore rupees.