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An announcement from RMC Switchgears Ltd. ( (IN:RMC) ) is now available.
RMC Switchgears Ltd. has notified the stock exchanges that it has published newspaper advertisements announcing a postal ballot and remote e-voting process for its shareholders. The notices appeared in the all-India edition of Financial Express in English and the Rajasthan edition of Business Remedies in Hindi, and the related information is also being hosted on the company’s website.
The postal ballot and remote e-voting are being conducted to seek members’ approval in line with provisions of the Companies Act, 2013, associated rules, and SEBI listing regulations. The move underscores the company’s compliance with corporate governance norms and ensures wider shareholder participation in decision-making through electronic and postal channels.
More about RMC Switchgears Ltd.
RMC Switchgears Ltd. is an India-based company in the electrical and power infrastructure segment, operating from Jaipur, Rajasthan. It focuses on manufacturing and supplying switchgear and related equipment used in power distribution and management for utilities and other infrastructure projects across its domestic market.
Average Trading Volume: 19,689
Technical Sentiment Signal: Buy
Current Market Cap: 5.32B INR
Find detailed analytics on RMC stock on TipRanks’ Stock Analysis page.