RMC Switchgears informs about updates on acquisition

Pursuant to the Regulation 30 read with Schedule III of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015 read with Regulation 3 of SEBI (Prohibition of Insider Trading) Regulations, 2015, RMC Switchgears has informed that the Company has received information from the acquirers that they intend to acquire shares of the Company by way inter-se transfer/gift within the family of promoter(s) in the enclosed.

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