Revised Disclosure as per Regulation 7(2) of SEBI(PIT)Regulations, 2015
RMC · price
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Awaiting price reaction for this filing.
Promoter Ankit Agrawal submitted a revised disclosure under SEBI's Insider Trading Regulations regarding an increase in his stake in RMC Switchgears Limited. His holding rose from 10,24,445 equity shares (9.71%) to 18,70,145 equity shares (17.72%) after receiving 8,45,700 shares as a gift through an off-market transfer. The transaction period spans 28-Jan-2026 to 19-Feb-2026, with the company being informed on 19-Feb-2026. This filing is a correction to an earlier disclosure submitted by the designated person.
The promoter's stake has nearly doubled to 17.72%, indicating stronger insider commitment, though since it was received as a gift (off-market, no cash involved), there is no direct impact on stock price or trading volumes. Higher promoter ownership is generally viewed positively by retail investors.