RMCBSERMC Switchgears LtdMediumNeutral
Announced Mon, 25 May · 20:11 IST

Scrutinizer''s Report with Voting Results

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
+2.7%1-day move
₹390.00
prior close
₹392.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.3-1.8-1.8-0.3+2.7-1.3-5.3-10.1-14.5-22.9-22.6-20.1-32.4
Up moveDown movePending
AI summary

RMC Switchgears Limited's postal ballot for appointment of Mrs. Manisha Godara (DIN: 08116113) as an Independent Director has been approved. Out of 1,05,76,850 total shares, 50,36,086 votes were cast (47.61% voter turnout). The resolution passed with 99.99% in favor (50,35,711 votes) versus only 375 votes against. Promoter and promoter group voting was notably high at 90.34% of their holdings, all in favor. The scrutinizer, CS Megha Khandelwal, confirmed the resolution passed with requisite majority under Section 110 of the Companies Act, 2013, as on May 24, 2026.

Likely market impact

The appointment strengthens the board's independence with overwhelming shareholder approval. This is a routine governance update with no immediate share price implications.