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RMC Switchgears informs about outcome of board meeting

13 Nov 2025 Evaluate
RMC Switchgears has informed that the Board of Directors of the Company at its meeting held today, Thursday 13th November, 2025, hosted at corporate office of the company situated at B-11 (B&C) Malviya Industrial Area, Jaipur Rajasthan through video conferencing or other audio visual means have transacted the following matters: Considered, approved and subject to the shareholders authorization under Section 186 of the Companies Act, 2013, to give loans to any person or other body corporate, give guarantees or provide security in respect of / connection with the loans to any other body corporate or person, and make investments up to an aggregate amount of ?800 crores (Rupees Eight Hundred Crores only); Considered and approved, subject to the approval of the shareholders, granting of loan(s), giving of guarantee(s) to subsidiary company(ies), and providing of security(ies) in connection with any loan taken/to be taken by the subsidiary company(ies) of the Company, up to an aggregate amount not exceeding ?500 crores (Rupees Five Hundred Crores only), pursuant to the provisions of Section 185 of the Companies Act, 2013; Considered and approved, based on the prior approval of the Audit Committee, the proposed material related party transaction(s) with subsidiary company(ies) of the Company, and to recommend the same for approval of the shareholders pursuant to the provisions of section 188 of the Companies Act, 2013 and Regulation 23 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015; Approved the draft Notice of Postal Ballot and Calendar of Events for seeking approval of the shareholders for the aforesaid agenda matters.

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

RMC Switch Share Price

419.00 18.25 (4.55%)
15-Apr-2026 11:11 View Price Chart
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