RMC Switchgears is planning for sale of investment in wholly owned Subsidiary Company i.e. Explora IOT Solutions. The meeting of the Board of Directors of the company is scheduled to be held on September 25, 2019, to consider the same.
RMC Switchgears is primarily engaged in the business of designing and manufacturing of, Enclosures of Energy Meters, LT/HT Distribution Boxes and Panels, Junction Boxes, Feeder Pillars and other Power Distribution and Circuit Protection Switchgears made from Mild Steel, Stainless Steel in Fabrication and Deep Drawn Process along with Sheet Moulding Compound and Bulk Moulding Compound (DMC) materials.
