RMC Switchgears Limited has scheduled its 32nd Annual General Meeting for Saturday, September 19, 2026, at 12:00 pm IST, to be held via video conferencing or other audio visual means.

The company filed an intimation with BSE Limited and the National Stock Exchange of India on August 27, 2026, confirming that a newspaper advertisement regarding the AGM notice was published in the Financial Express (English) and Business Remedies (vernacular) on August 27, 2026. The filing was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shivani Bairathi, Compliance Officer and Company Secretary, signed the submission.

AGM and e-voting details

The following table summarises the key dates and details for the 32nd AGM:

Members holding shares as on the cut-off date of September 12, 2026 are eligible to cast their vote electronically on the ordinary and special business set out in the AGM notice. The remote e-voting module will be disabled by CDSL after September 18, 2026 at 5:00 pm IST. Once a vote is cast, it cannot be changed subsequently.

Annual report and regulatory compliance

The annual report for FY26, including audited financial statements for the financial year ended March 31, 2026, was sent by email to all members with registered email IDs on August 26, 2026. In compliance with Regulation 36(1)(b) of the Listing Regulations, letters providing a web link to access the integrated annual report for FY26 were also dispatched to shareholders who have not registered their email addresses. The annual report and AGM notice are available on the company's website as well as on the websites of BSE Limited, NSE, and CDSL.

Since the AGM is being held through video conferencing, the appointment of proxies by members is not applicable, in accordance with the applicable MCA circulars. Members who cast their vote by remote e-voting prior to the AGM may participate in the meeting through video conferencing but will not be entitled to cast their vote again during the AGM.

Corporate details

RMC Switchgears is registered under CIN L25111RJ1994PLC008698. Its registered office and factory are located in Kotkhawda, Rajasthan, and its corporate office is in Jaipur, Rajasthan.

RMC Switchgears has approved the pledge of its 51% stake in associate Intelligent Hydrel Solutions Private Limited (IHSPL) to secure a loan facility from Aseem Infrastructure Finance Limited.

The Board of Directors also approved an investment in RMC NextGen Systems LLP, wherein the company will hold a 51% stake. These approvals were made during the board meeting held on August 27, 2026, which commenced at 9:30 am and concluded at 10:10 am.

Pledge agreement details

The pledge agreement involves multiple parties to secure financial obligations. RMC Switchgears Limited acts as the Pledger, while Intelligent Hydelsolutions Private Limited is the Borrower. Aseem Infrastructure Finance Limited is the Lender, and CTL Trusteeship Limited serves as the Security Trustee.

The purpose of the agreement is to provide security for the due and timely repayment of the borrower's financial obligations under the facility agreement. The size of the agreement covers 51% of the shares held by RMC Switchgears in IHSPL, pledged as collateral for the full and final discharge of secured obligations.

Shareholding structure

RMC Switchgears holds 51% of Intelligent Hydelsolutions Private Limited. The remaining 49% stake is held by Saatvik Cleantech EPC Private Limited. The company holds no shareholding in CTL Trusteeship Limited.

Investment in RMC NextGen Systems

Separately, the board approved the proposed investment in RMC NextGen Systems LLP. Upon completion, RMC Switchgears will hold a 51% stake in the limited liability partnership. No specific financial values or deal consideration amounts were disclosed for this investment.

Regulatory disclosures

The transactions were disclosed under Regulation 30 of the SEBI LODR Regulations, 2015. The pledge transaction does not fall within the ambit of related party transactions as per the Companies Act, 2013 and SEBI LODR regulations. Consequently, the question of arm's length pricing does not arise. The agreement does not involve the issuance of shares or confer special rights such as director appointments or pre-emptive rights.