Equity Shares of the Companyshall be listed and admitted to delaings on the Main Board of BOth BSE & NSE with effect from Wednesday -1st April , 2026
RMC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
RMC Switchgears Ltd has received final approval to migrate from the BSE SME Platform to the Main Board of both BSE and NSE, effective Wednesday, April 1, 2026. The migration covers 1,05,76,850 equity shares of Re. 10 each fully paid-up, with the stock retaining the symbol 'RMC'. On NSE, shares will trade in the 'BE' series and will initially be in the Trade-for-Trade segment, meaning delivery-based trading is mandatory. Most shares are freely tradable from day one, though a small batch of 43,550 shares remains locked in until December 5, 2026, likely promoter-related. The company has framed this dual listing as a strategic milestone aimed at improving liquidity, visibility, and investor participation.
Positive for shareholders — mainboard migration typically broadens institutional investor access and improves liquidity, but expect some short-term volatility as the stock transitions to the mainboard framework. Investors should note the initial Trade-for-Trade restriction and watch for the December 2026 lock-in release as a potential supply event.