Independent Director Dilip Panjwani appointed via Postal Ballot

Management 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

+7.9%Reaction day

₹194.48

prior close

₹194.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%+7.1% vs market

Other Electrical Equipment peers, median of 51sector+0.7%+7.2% vs sector

On the reaction day the stock moved 7.1 pts more than Nifty Microcap 250 and 7.2 pts more 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

-0.4

10m

-0.6

15m

-0.0

30m

+5.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+7.9+0.7+7.1+0.7+7.2

Next day

+5.3-1.0+6.3-1.3+6.6

+5.8-0.3+6.0-0.6+6.3

+0.3-1.9+2.2-2.7+3.0

+3.1-4.5+7.6-5.2+8.3

+2.8-5.5+8.2-6.7+9.5

-1.3-7.3+6.0-9.0+7.7

15d

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UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 51Pending

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

AI summary

Shareholders of RMC Switchgears have approved the appointment of Mr. Dilip Panjwani (DIN: 02205645) as an Independent Director through a Postal Ballot, with results declared on 13.10.2026. His appointment is effective from 12th September, 2026. He is a Chartered Accountant and Company Secretary with over 25 years of experience in finance, including prior roles as CFO, Global CFO, and EVP and CFO in strategic finance.

Likely market impact

No immediate price impact expected; adds a finance-experienced Independent Director to the board.