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RHI closes acquisition of 43.6% stake in Indian Orient Refractories Ltd.

04. March 2013

On March 4, 2013 the closing of the acquisition of 43.6% of the share capital of Orient Refractories Ltd. (ORL) occurred.

The open offer to the public shareholders of ORL for up to an additional 26% of the shares will commence with the issuance of SEBI’s final observation and is expected to occur within the next weeks.