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RMC Switchgears divests entire stake in subsidiary

03 Oct 2019 Evaluate

RMC Switchgears has divested/ sold its entire investment in equity shares of its wholly owned Subsidiary i.e. Explora IOT Solutions. Accordingly, Explora IOT Solutions ceases to be a Subsidiary Company of RMC Switchgears.

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.

RMC Switch Share Price

432.40 11.65 (2.77%)
16-Apr-2026 16:59 View Price Chart
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Company Name CMP
Havells India 1291.05
Siemens 3564.45
Apar Inds 11268.55
ABB India 6887.60
Waaree Energies 3438.85
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