Acquisition / mergerNotableFiled on BSE ·

RPEL enters JV with TRL Krosaki to set up silica ramming mass facility in Odisha

Raghav Productivity Enhancers · Industrial Products

Arthneeti Research DeskPublished 1 min read
₹257 CrAcquisition / merger

Key highlights

  • JV formed on 4th September 2026 between Raghav Productivity Enhancers Limited (RPEL) and TRL Krosaki Refractories Limited (TRLK)
  • JV shareholding: RPEL 80%, TRLK 20%; planned capacity 3,50,000 MTPA; TRLK supplies quartzite from Odisha mines
  • FY25-26 turnovers: RPEL ₹257 crore, TRLK ₹2,880 crore; JV aims to strengthen RPEL's presence in East India

Why it's rated notable: The filing gives no capital amount for the joint venture, so the level rests on a planned capacity of 3,50,000 MTPA with RPEL holding 80%, and incorporation is still subject to approvals.

Original filing

Announcement under Regulation 30 (LODR)-Joint Venture

Read the filing on BSE (PDF) →

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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.