Raghav Productivity

Sept 7 (Reuters) - Raghav Productivity Enhancers Ltd RAGV.NS:

• ANNOUNCES STRATEGIC JV WITH TRL KROSAKI REFRACTORIES

• JV TO ESTABLISH 350,000 MTPA SILICA RAMMING MASS FACILITY IN ODISHA

• INITIAL INVESTMENT FOR ODISHA FACILITY ABOUT 1 BILLION RUPEES

Source text: ID:nBSE367DPM

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Raghav Productivity Enhancers presented a joint venture with TRL Krosaki Refractories to establish a 350,000-tonne-per-year silica ramming mass plant in Odisha, with an initial outlay of about ₹100 crore to be funded by debt and equity. RPEL will own 80% of the venture and TRLK 20%, while TRLK will supply quartzite under a long-term arrangement and RPEL will provide patented processing technology and receive a royalty. The venture combined an eastern location with secured access to quartzite and proximity to India's largest induction-furnace demand cluster. RPEL had group capacity of 534,000 MTPA and turnover of about ₹257 crore in FY26. TRL Krosaki had FY26 turnover of about ₹2,880 crore and was a subsidiary of Japan's Krosaki Harima Corporation and a step-down subsidiary of Nippon Steel Corporation.

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Raghav Productivity Enhancers' board approved entry into a joint venture with TRL Krosaki Refractories to establish a silica ramming mass plant in Odisha. Raghav would hold 80% of the venture and receive a royalty for using its patented manufacturing technology, while TRL Krosaki would hold 20% and supply quartzite from its Odisha mines. The proposed facility was assigned planned capacity of 350,000 tonnes a year and would target eastern India and nearby markets. Raghav had installed capacity of 414,000 tonnes a year and was expanding it to 534,000 tonnes by October 2026. TRL Krosaki reported consolidated turnover of ₹2,880 crore in FY26, compared with Raghav's ₹257 crore.

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** Shares of Raghav Productivity Enhancers RAGV.NS climb as much as 9.5% to 685 rupees

** The construction materials co on Monday reported 64.3% Y/Y rise in Q3 consol profit, 73.6% rise in revenue from operations

** Stock on track to snap three consecutive session of loss, if trend holds

** Stock is witnessing its most active trading session in 10 weeks; more than 198,000 shares change hands, 3.6x of 30-day avg

** Since listing in Aug 2024, stock has risen 28.4%

(Reporting by Ashish Chandra in Bengaluru)

(([email protected] (+91 7982114624))

** Shares of Raghav Productivity Enhancers RAGV.NS rise as much as 9.5% to 1,219.90 rupees

** The construction materials co says it will consider issue of bonus shares on Oct. 18

** Stock up 9.8% so far this week, on track to snapping five straight weeks of loss, if trend holds

** Since listing in Aug, the stock has risen 20.6%

(Reporting by Ashish Chandra in Bengaluru)

(([email protected] (+91 7982114624))

July 24 (Reuters) - Raghav Productivity Enhancers Ltd RAGV.BO:

• JUNE-QUARTER CONSOL PROFIT 57.4 MILLION RUPEES VERSUS PROFIT 53.3 MILLION RUPEES

• JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 300.8 MILLION RUPEES VERSUS 333.7 MILLION RUPEES

Source text for Eikon: ID:nBSEbNtB0N

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June 27 (Reuters) - Raghav Productivity Enhancers Ltd RAGV.BO:

• APPROVED ISSUE OF BONUS SHARES IN THE RATIO 1:1

• RE-APPOINTS SANJAY KABRA AS CHAIRMAN

Source text for Eikon: ID:nBSE2LvNCb

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June 20 (Reuters) - Raghav Productivity Enhancers Ltd RAGV.BO:

• TO CONSIDER ISSUE OF BONUS SHARES

Source text for Eikon: ID:nBSE6jNyJz

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