RMC Switchgears to pledge 51% IHSPL stake as loan collateral

Promoter pledge above 50%Ownership Changes View source PDF Explain 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

-2.3%Reaction day

₹256.85

prior close

₹254.10

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%-2.0% vs market

Other Electrical Equipment peers, median of 54sector-0.4%-1.9% vs sector

On the reaction day the stock moved 2.0 pts less than Nifty Microcap 250 and 1.9 pts less 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

+0.1

10m

+0.1

15m

+0.2

30m

+0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.3-0.2-2.0-0.4-1.9

Next day

-3.8+0.1-3.9-0.5-3.4

-5.8+0.4-6.2-0.1-5.7

-9.5-0.6-8.9-1.4-8.1

-14.0-1.2-12.8-1.6-12.3

-11.6-0.6-11.0-0.5-11.1

-9.3+0.5-9.8-0.6-8.7

15d

-11.6-0.2-11.4-2.0-9.6

-17.9-1.5-16.4-0.7-17.2

-25.9-8.0-17.9-10.7-15.2

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UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 54Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

RMC Switchgears board approved pledging its entire 51% stake in associate Intelligent Hydel Solutions (IHSPL) as collateral for a secured loan taken by IHSPL from Aseem Infrastructure Finance on 27 Aug 2026. CTL Trusteeship acts as security trustee. Board also approved investing for a 51% stake in RMC NextGen Systems LLP. Transaction is not a related party deal.

Likely market impact

All RMC shares in IHSPL are pledged as security. Risk if IHSPL defaults. Board also expanding via new 51% LLP investment.