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RMC Switchgears has approved the purchase of industrial land from a related party and appointed Mr. Dilip Panjwani as an Additional Independent Director. The company is initiating a postal ballot for shareholder approvals, and the trading window will reopen shortly.
RMC Switchgears secured new orders totaling ₹344.10 Cr, including a significant ₹333.80 Cr underground cabling project from PGVCL. Unexecuted order book now stands at ~₹1188 Cr.
RMC Switchgears reported FY26 consolidated revenue of ₹401.59 Cr, up 26.4% YoY. Q4 FY26 saw a strong profit turnaround of ₹9.30 Cr, driven by improved execution and operational efficiencies.
RMC Switchgears is seeking member approval via postal ballot and remote e-voting on special business. Details are available on the company website and CDSL.
RMC Switchgears approved for migration to BSE Main Board and listing on NSE. This milestone aims to enhance market visibility and investor participation.