RMC Switchgears promoters report no share encumbrance in FY26

RMC Switchgears Limited has submitted its annual disclosure regarding the encumbrance of shares by its promoters and promoter group for the financial year ended March 31, 2026. The filing confirms that no shares were encumbered directly or indirectly during FY26. This disclosure was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

The company's promoters and promoter group entities reported their respective shareholdings, totaling 65,65,655 shares. The disclosures were submitted individually by Ashok Kumar Agarwal, Ankit Agrawal, Neha Agarwal, and their respective Hindu Undivided Families (HUFs), along with Atika Agarwal. Each entity confirmed that they had not created any encumbrance on their holdings during the specified period.

Shareholding Details

The following table outlines the shareholding details of the promoters and promoter group as of March 31, 2026:

Shareholder	Category	Shares Held
Ashok Kumar Agarwal	Promoter	23,94,230
Ashok Kumar Agarwal HUF	Promoter Group	3,19,260
Ankit Agrawal	Promoter	18,70,145
Ankit Agrawal HUF	Promoter Group	1,56,000
Neha Agarwal	Promoter	7,05,000
Atika Agarwal	Promoter Group	52,020

Regulatory Compliance

The disclosures were addressed to the Department of Corporate Relationship at BSE Limited and the Corporate Relationship Department at National Stock Exchange of India Limited. The letters were signed by the respective shareholders and submitted on April 06, 2026. Shivani Bairathi, Compliance Officer & Company Secretary of RMC Switchgears Limited, submitted the consolidated disclosure to the exchanges on behalf of the company.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.32%	-3.43%	-1.83%	-20.60%	-20.60%	-20.60%

RMC Switchgears Limited has designated Mr. Vikash Verma as Deputy CFO and Mr. Ojas Sethi as Head of Finance and Accounts as Senior Management Personnel effective June 5, 2026. The Board of Directors approved the appointments through a resolution passed by circulation based on the recommendation of the Nomination and Remuneration Committee. The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mr. Vikash Verma brings over 22 years of experience to the role. He qualified as a Chartered Accountant in 2005 and was previously associated with South Asia LPG Company Pvt Ltd, a joint venture of Hindustan Petroleum and Total Energies France.

Mr. Ojas Sethi has over 14 years of experience and completed his Chartered Accountancy in 2011. Prior to this appointment, he was associated with Cent Bank Home Finance Ltd.

Key Details of Appointments

The following table outlines the specifics of the new designations:

S. No.	Particulars	Mr. Vikash Verma	Mr. Ojas Sethi
1	Designation	Deputy CFO	Head of Finance and Accounts
2	Effective Date	June 05, 2026	June 05, 2026
3	Experience	Over 22 years	Over 14 years
4	Previous Association	South Asia LPG Company Pvt Ltd	Cent Bank Home Finance Ltd
5	Qualification	Chartered Accountant (2005)	Chartered Accountant (2011)