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RMC Switchgears makes further investment in RMC Green Energy

30 May 2025 Evaluate

RMC Switchgears has made further investment of Rs 2.60 crore in RMC Green Energy (Target Company). RMC Green Energy has allotted 26,00,000 Equity Shares of Rs 10 each at par on May 29, 2025. The Target Company is subsidiary and objective of the investment in shares of the subsidiary is for the enhancement of its business.

RMC Switchgears is primarily engaged in the business of ‘Switchgear Engineering’, ‘ECI contracts for power distribution / transmission sector’ and ‘PVC Marble and Sold Surface’.


Peers
Company Name CMP
Waaree Energies 2491.80
Apar Industries 17767.45
Havells India 1095.00
Suzlon Energy 40.78
Siemens 3874.65
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