RMCNSERMC Switchgears LimitedMediumNeutral
Announced Sat, 30 May · 13:54 IST

Rmc Switchgears Limited has informed the Exchange regarding Appointment of MS DEEPAK MITTAL ASSOCIATES as Cost Auditor of the Company AND MS DLS AND ASSOCITAES LLP as Internal Auditor of the company w.e.f. May 29, 2026.

Management Changes View source PDF

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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
-8.9%1-day move
₹385.00
prior close
₹369.25
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0-8.9-13.4-17.8-21.9-18.7-22.1-7.2-20.6
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AI summary

RMC Switchgears Limited has appointed MS DEEPAK MITTAL ASSOCIATES as its Cost Auditor and MS DLS AND ASSOCIATES LLP as its Internal Auditor, both effective May 29, 2026. These appointments fulfill statutory requirements under the Companies Act, 2013, which mandates companies above a certain size to maintain both cost audit and internal audit functions. The appointments appear routine with no immediate change in auditors indicated, suggesting continuity in the company's audit framework.

Likely market impact

This is a routine corporate governance filing with no direct impact on shareholders. The appointment of independent auditors ensures compliance with statutory requirements and strengthens internal controls, which is generally viewed positively from a governance perspective.