Outcome of Board Meeting held on 13.11.2025
RMC · price
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RMC Switchgears' board, meeting held on 13 November 2025 via video conferencing, approved proposals (subject to shareholder approval) to give loans, guarantees, or security to persons or body corporates up to an aggregate ₹800 crore under Section 186 of the Companies Act, 2013. The board separately approved loans and guarantees to subsidiary companies up to ₹500 crore under Section 185. It also cleared material related party transactions with subsidiaries under Section 188, with prior approval of the Audit Committee. A Postal Ballot notice and calendar were approved, with Mr. Manoj Maheshwari appointed as Scrutinizer and Ms. Priyanka Agarwal as alternate. The trading window for insiders reopens from 16 November 2025, and the meeting ran from 11:00 AM to 11:30 AM.
The combined ₹1,300 crore lending/guarantee cap is sizeable relative to the company and signals plans for material capital deployment, possibly toward subsidiaries or strategic investments. Shareholders will get to vote via Postal Ballot, so retail investors should watch for the notice and weigh in on whether this expansion plan aligns with the company's growth outlook.