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RMC Switchgears has informed that Board of Directors of the Company in their meeting held on Wednesday, the 25th Day of September, 2019, which commenced at 11:00 AM and concluded at 02:40 PM at the Corporate Office of the Company situated at B-11 (B & C), Malviya Industrial Area, Jaipur 302017, Rajasthan considered and approved divestment of 100% of equity investment held by the Company in its wholly owned subsidiary Explora IOT Solutions Private Limited (not a material subsidiary) to Ashok Kumar Agarwal and Neha Agrawal.

The above information is a part of company’s filings submitted to BSE.


RMC Switch Share Price

429.00 8.25 (1.96%)
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About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

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Our Approach: Ensuring compounding work its magic on client portfolio.

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