RTS Power appoints Arun Pareek as Independent Director for 5 years

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RTSPOWR · price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+1.7% vs market

Other Electrical Equipment peers, median of 52sector+0.1%+2.1% vs sector

On the reaction day the stock moved 1.7 pts more than Nifty Microcap 250 and 2.1 pts more than its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 52Pending

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AI summary

RTS Power Corporation has appointed Mr. Arun Pareek (DIN: 06521406) as an Independent Non-Executive Director on its Board effective 21 September 2026, for a 5-year term till 20 September 2031. Pareek, aged 73, is a law graduate with over 50 years of experience in the transformer industry, specialising in HR, administration, and business management. He holds no shares in the company and has no other listed directorships.

Likely market impact

Standard independent director appointment with no material impact on share price or operations. Strengthens board governance.