RMCBSERMC SWITCHGEARS LIMITEDLowNeutral
Announced Wed, 14 Oct, 2026 · 12:43 IST

Postal Ballot Results: Land Purchase and Director Appointment Approved

Board & Shareholder Meetings View source PDFExplain 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
₹209.54
announcement price
In-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
5m
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10m
+0.1
15m
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30m
-0.9
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
2d
+5.8-0.3+6.0-0.6+6.3
3d
+0.3-1.9+2.2-2.7+3.0
4d
+3.1-4.5+7.6-5.2+8.3
5d
+2.8-5.5+8.2-6.7+9.5
1w
-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

RMC Switchgears resubmitted the Scrutinizer's Report (revised to fix a minor error) for its Postal Ballot concluded Oct 12, 2026. Two resolutions passed: (1) Ordinary Resolution to purchase industrial land from related party Mr. Ankit Agrawal — passed with 87.90% in favour, 12.09% against (promoters abstained); (2) Special Resolution to appoint Mr. Dilip Panjwani as Independent Director — passed with 99.90% in favour.

Likely market impact

Related-party land deal and new Independent Director confirmed by shareholders. Resubmission is administrative only and does not change outcomes.