RMC Switchgears Limited has published a newspaper advertisement in the Financial Express (English) and Business Remedies (Hindi) on April 25, 2026, regarding the notice of postal ballot and remote e-voting to seek member approval for the appointment of Mrs. Manisha Godara as an Independent Director. The announcement was made pursuant to Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Postal Ballot Schedule and Process

The company has announced a comprehensive e-voting schedule for shareholders to participate in the director appointment process. The postal ballot will be conducted exclusively through electronic voting, with no physical ballot forms being distributed to members.

Director Appointment Details

The sole agenda item for the postal ballot is the appointment of Mrs. Manisha Godara (DIN: 08116113) as an Independent Director of the company. This special resolution seeks to formalize her position after she was initially appointed as Additional Director (Independent) on March 2, 2026, under Sections 149, 150, 152, and 161(1) of the Companies Act, 2013.

Professional Background and Qualifications

CS Manisha Godara brings significant expertise to the board with over a decade of professional experience since 2014. She is a member of The Institute of Company Secretaries of India and operates under "Manisha Godara & Associates," handling diverse corporate assignments including initial public offerings (IPOs), listed companies' securities issuance, secretarial audits, and compliance matters.

Her academic achievements include securing All-India Rank 23rd in the Company Secretaries Foundation Examination and earning merit distinction in the All India Commerce Talent Search Examination. She holds Bachelor's and Master's degrees in Commerce from the University of Rajasthan, along with a Rajasthan State Certificate in Information Technology.

E-voting Process and Compliance

The company has appointed CS Megha Khandelwal (FCS: 10237) from Megha Khandelwal & Associates as the Scrutinizer for the postal ballot process. Members holding shares as on the cut-off date of April 17, 2026, are eligible to participate in the e-voting process through the Central Depository Services Limited (CDSL) platform.

The notice and voting instructions are available on the company's website at www.rmcindia.in and CDSL's website. Results will be communicated to stock exchanges and published on the company website within the stipulated timeframe following the conclusion of the voting period. The Compliance Officer & Company Secretary, Shivani Bairathi (Membership No. A42636), confirmed the submission of the newspaper advertisement to both BSE Limited (Scrip Code: 540358) and National Stock Exchange of India Limited (Symbol: RMC).

RMC Switchgears Limited has notified stock exchanges regarding the withdrawal of credit ratings by Brickwork Ratings India Private Limited, pursuant to Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Rating Withdrawal Details

Brickwork Ratings reaffirmed and subsequently withdrew the credit ratings assigned to the company's bank loan facilities. The rating action covered facilities worth Rs. 42.14 crores across fund-based and non-fund-based instruments.

Company's Position on Rating Withdrawal

RMC Switchgears clarified that it had already initiated necessary steps to discontinue its association with Brickwork Ratings and complete requisite lender-related formalities. The withdrawal was processed following submission of withdrawal request and No Objection Certificates from lenders in accordance with prescribed procedures.

The company stated that the reference to "Issuer Not Cooperating" does not adequately reflect the factual position, as it was not engaged in any active rating review process requiring submission of updated information. The company emphasized that it had not continued any active engagement for credit rating services with Brickwork Ratings during the relevant period.

Current Rating Status

RMC Switchgears maintains a valid and active credit rating with Infomerics Valuation and Rating Pvt. Ltd., which is being used for all relevant purposes. The company indicated that the rating rationale issued by Brickwork Ratings may not be considered reflective of its current position.

Bank Facilities Breakdown

The withdrawn ratings covered facilities from two major lenders:

About RMC Switchgears

RMC Switchgears Limited was incorporated on 23rd August 1994 and is engaged in manufacturing and supply of electrical enclosures and laminates through its manufacturing plant located in Jaipur. The company was initially incorporated as RFH Metal Castings Pvt Ltd, later renamed to RFH Metal Castings Ltd in 2008, and finally changed to RMC Switchgears Ltd in 2016. The company was listed on BSE SME platform in 2017.