RMC Switchgears CEO, MD, chairman, board of directors and AGM
NSE: RMCBSE: 540358Electrical EquipmentSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹200.28.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹212 Cr1,941st largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- No recent results
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
- No recent results
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 33,38366.5% delivered
RMC Switchgears board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chairperson and managing directorASHOK KUMARAGARWAL
- Chief executiveANKIT AGRAWAL
9 directors5 independent3 executive1 non-executive
- ASHOK KUMARAGARWAL · Chairperson and managing directorExecutive · joined Aug 1994 · 1 listed board · 1 committee seat
- ANKIT AGRAWAL · Chief executiveExecutive · joined Nov 2008 · 1 listed board
- NEHA AGARWALExecutive · joined Jun 2016 · 1 listed board
- KULDEEP KUMAR GUPTAIndependent · joined Jul 2020 · reappointed Jul 2025 · 60 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 2 as chair
- KRATI AGARWALIndependent · joined Jul 2020 · reappointed Jul 2025 · 60 months as independent · 1 listed board · 1 as independent
- SHRIRAM VISHWASRAOMANEIndependent · joined Aug 2022 · 60 months as independent · 1 listed board · 1 as independent
- AKHILESH KUMAR JAINNon-executive · joined Jul 2024 · 3 listed boards · 1 committee seat
- MANISHA GODARAIndependent · joined Mar 2026 · 60 months as independent · 3 listed boards · 3 as independent · 3 committee seats
- Dilip Pahilajrai PanjwaniIndependent · joined Sep 2026 · 36 months as independent · 1 listed board · 2 as independent · 2 committee seats
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 12 Sep 20268 of 8 present4 independent · 15 days in between
- 27 Aug 20267 of 8 present3 independent · 14 days in between
- 12 Aug 20268 of 8 present4 independent · 15 days in between
- 27 Jul 20268 of 8 present4 independent
Audit Committee
Chair KULDEEP KUMAR GUPTA
SHRIRAM VISHWASRAOMANE, ASHOK KUMARAGARWAL
- 12 Sep 20263 of 3 present3 independent · 30 days in between
- 12 Aug 20263 of 3 present3 independent
Nomination and remuneration committee
Chair KULDEEP KUMAR GUPTA
SHRIRAM VISHWASRAOMANE, KRATI AGARWAL
- 12 Sep 20263 of 3 present3 independent · 30 days in between
- 12 Aug 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair KULDEEP KUMAR GUPTA
SHRIRAM VISHWASRAOMANE, KRATI AGARWAL
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair ASHOK KUMARAGARWAL
KULDEEP KUMAR GUPTA, AKHILESH KUMAR JAIN, NEHA AGARWAL
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- RAKESH ASHOK & CO.Peer-review certificate valid to Apr 2029
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
RMC Switchgears AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.RMC Switchgears share news and announcements
Postal ballot, 12 Oct 2026
8,477 shareholders on the register on 4 Sep 2026; votes counted by MEGHA KHANDELWAL / MEGHA KHANDELWAL & ASSOCITAES.The company's voting result (opens in a new tab)
- Approval for purchase of industrial land from Mr. Ankit Agrawal, a Related PartyOrdinaryPromoters have an interest in it87.91% for12.09% against
Against: promoters 0.00% · institutions 0.00% · other public 12.76%
Turnout: all 0.95% · promoters 0.00% · institutions 2.25% · other public 1.96%
- appointment of Mr Dilip Panjwani (DIN:02205645) as an independnet director of the companySpecial99.90% for0.10% against
Against: promoters 0.00% · institutions 0.00% · other public 5.60%
Turnout: all 52.37% · promoters 98.99% · institutions 2.25% · other public 1.96%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 19 Sep 2026, 7 resolutions
8,563 shareholders on the register on 12 Sep 2026; present: 54,96,661 promoters and 50,85,246 others; votes counted by MANOJ MAHESHWARI / V. M & ASSOCITAES.The company's voting result (opens in a new tab)
To receive, consider and adopt: a) The Audited Standalone Financial Statements of the Company for the financial year ended on March 31, 2026 together with the reports of the Board of Directors and Auditors thereon; and b) The Audited Consolidated Financial Statements of the Company for the financial year ended on March 31, 2026 together with the report of Auditors thereon.MoreLess
Ordinary99.98% for0.02% againstAgainst: promoters 0.00% · institutions 0.00% · other public 1.91%
Turnout: all 52.14% · promoters 98.99% · institutions 2.33% · other public 1.46%
- To appoint a Director in place of Mrs. Neha Agarwal (DIN: 07540311), who is liable to retire by rotation and being eligible, offers herself for re-appointment.OrdinaryPromoters have an interest in it99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 2.09%
Turnout: all 45.48% · promoters 86.17% · institutions 2.33% · other public 1.46%
- To consider and adopt increase in Authorised Share Capital of the Company.Ordinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 1.91%
Turnout: all 52.14% · promoters 98.99% · institutions 2.33% · other public 1.46%
- To ratify the remuneration of the Cost Auditors for the financial year 2026-27Ordinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 1.91%
Turnout: all 52.14% · promoters 98.99% · institutions 2.33% · other public 1.46%
- Approval of payment of remuneration to Mr. Akhilesh Kumar Jain(DIN: 03466588), Non-Executive DirectorSpecial99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 2.19%
Turnout: all 52.14% · promoters 98.99% · institutions 2.33% · other public 1.46%
To grant loan(s), give guarantee(s) to subsidiary companies and provide security(ies) in connection with any loan taken/to be taken by subsidiary companies of the company pursuant to provisions of section 185 of the Companies Act, 2013.MoreLess
SpecialPromoters have an interest in it97.96% for2.04% againstAgainst: promoters 0.00% · institutions 0.00% · other public 2.19%
Turnout: all 0.72% · promoters 0.00% · institutions 2.33% · other public 1.46%
- Approval of Material Related Party Transactions with SubsidiariesOrdinaryPromoters have an interest in it98.06% for1.94% against
Against: promoters 0.00% · institutions 0.00% · other public 2.09%
Turnout: all 0.72% · promoters 0.00% · institutions 2.33% · other public 1.46%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 24 May 2026, 1 resolution
5,704 shareholders on the register on 17 Apr 2026; votes counted by MEGHA KHNADELWAL / MEGHA KHNADELWAL AND ASSOCIATES.The company's voting result (opens in a new tab)
- APPOINTMENT OF MRS. MANISHA GODARA(DIN: 08116113) AS AN INDEPNDENT DIRECTOR OF THE COMPANYSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.54%
Turnout: all 47.61% · promoters 90.35% · institutions 0.00% · other public 1.48%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Mar 2026. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Preferential IssuesDec 2024 | 15.01 | General Corporate Purposes | 3.01 | 3.01 | No |
| Preferential IssuesDec 2024 | 15.01 | INVESTMENTS IN THE SHARESOF OR LOAN TO THE SUBISDIARY RMC GREEN ENERGY PRIVATE LIMITED AND RMC SOLAR PARK PRIVATE LIMITED | 12.00 | 12.00 | No |