RMCNSERMC Switchgears LimitedLowNeutral
Announced Fri, 24 Apr · 16:04 IST

Rmc Switchgears Limited has informed the Exchange about Shareholders meeting

Board & Shareholder Meetings View source PDF

RMC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+3.3%1-day move
₹479.10
prior close
₹476.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-3.4-2.3-1.3+2.9+3.3+1.2+0.1-3.6-1.5-5.8-14.4-16.4-35.0-45.0
Up moveDown movePending
AI summary

RMC Switchgears Limited has issued a Postal Ballot Notice seeking shareholder approval for the appointment of Mrs. Manisha Godara (DIN: 08116113) as a Non-Executive Independent Director for a term of 5 years (March 2, 2026 to March 1, 2031). She was first appointed as Additional Director on March 2, 2026, and this is a formal ratification requiring shareholder approval via special resolution. Mrs. Godara is a qualified Company Secretary with over a decade of experience in corporate compliance, IPOs, and secretarial functions. She currently serves as Independent Director for Goyal Salt Ltd. and Sree Jayalakshmi Autospin Limited. Voting period runs from April 25, 2026 to May 24, 2026, with results to be declared by May 26, 2026. The resolution requires a special majority for passage.

Likely market impact

Positive for corporate governance - the appointment strengthens the board with an experienced professional in compliance and regulatory matters. This is a routine governance update as the director was already functioning in the role since March 2026.