RMC Switchgears has informed that the Board of Directors of the Company at their meeting held on 09 October, 2026 has considered the following matter: Approved the issuance of fully paid-up equity shares of the Company of face value of ? 10 each (the Rights Equity Shares) for an amount not exceeding ? 30 crore (Rupees Thirty Crore) by way of a rights issue to the eligible equity shareholders of the Company, as on the record date (to be determined and notified subsequently), in accordance with applicable laws, including the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, amended, subject to such regulatory and statutory approvals, as may be required under the applicable laws. Further, for the purposes of giving effect to the rights issue, Appointment of various intermediaries in connection with the aforesaid Rights Issue, the specific and detailed terms in relation to the rights issue, including but not limited to the determination of the issue price, rights entitlement ratio, record date, timing of the rights issue and terms of payment will be determined by the Board of Directors in this regard and disclosed to the exchange in due course. (Annexure-1). The details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed as an Annexure -1.
The above information is a part of company’s filings submitted to BSE.
