RMCNSERMC Switchgears LimitedLowNeutral
Announced Thu, 23 Apr · 10:44 IST

Rmc Switchgears Limited has informed the Exchange regarding Outcome of Board Meeting held on April 23, 2026.

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
-7.7%1-day move
₹519.00
prior close
₹515.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.0-1.0-1.0-1.0-7.7-3.6-4.6-6.6-7.6-9.1-15.0-24.9-33.1-47.8
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AI summary

RMC Switchgears Limited's Board met on April 23, 2026 and approved a Postal Ballot notice to seek shareholder approval for regularizing Mrs. Manisha Godara as an Independent Director. Mrs. Manisha was previously appointed as an Additional Independent Director and this regularization is required under the Companies Act, 2013. The Board also appointed Mrs. Megha Khandelwal, a Practicing Company Secretary, as the Scrutinizer for the Postal Ballot process. The meeting lasted just 30 minutes, suggesting routine agenda items. Additionally, the Trading Window for insiders remains closed from April 1, 2026 until 48 hours after the declaration of Q4 and FY26 financial results.

Likely market impact

The regularization of the Independent Director is a routine compliance matter and should have minimal direct impact on the stock. The ongoing Trading Window closure means insiders cannot trade shares until after Q4 FY26 results are declared.