Board approves pledge of associate shares and new LLP investment

Promoter pledge above 50%Ownership Changes View source PDF Explain this filing

RMC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-2.3%Reaction day

₹256.85

prior close

₹254.55

announcement price

In-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used-0.2%-2.0% vs market

Other Electrical Equipment peers, median of 54sector-0.4%-1.9% vs sector

On the reaction day the stock moved 2.0 pts less than Nifty Microcap 250 and 1.9 pts less than its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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Sessions after the filingfrom the prior close

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Reaction day

-2.3-0.2-2.0-0.4-1.9

Next day

-3.8+0.1-3.9-0.5-3.4

-5.8+0.4-6.2-0.1-5.7

-9.5-0.6-8.9-1.4-8.1

-14.0-1.2-12.8-1.6-12.3

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-9.3+0.5-9.8-0.6-8.7

15d

-11.6-0.2-11.4-2.0-9.6

-17.9-1.5-16.4-0.7-17.2

-25.9-8.0-17.9-10.7-15.2

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UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 54Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

RMC Switchgears board approved pledging its 51 percent stake in associate Intelligent Hydel Solutions (IHSPL) as security for a loan that IHSPL took from Aseem Infrastructure Finance. RMC also approved investing in RMC NextGen Systems LLP where it will hold 51 percent stake. Board meeting held Aug 27, 2026.

Likely market impact

Pledging majority stake in associate as loan collateral exposes RMC to IHSPL debt obligations. New LLP investment signals expansion plans.