RMC Switchgears Limited has officially announced the results of its postal ballot process, with all three proposed resolutions receiving overwhelming shareholder approval. The company submitted the voting results and scrutinizer's report to BSE on December 16, 2025, confirming the successful completion of the corporate governance process.

Official Postal Ballot Results

The postal ballot process concluded on December 14, 2025, with scrutinizer Mr. Manoj Maheshwari of V.M. Associates Company Secretaries overseeing the voting process. All resolutions were passed with requisite majority through remote e-voting conducted via Central Depository Services (India) Limited (CDSL).

Voting Process and Participation

The e-voting period commenced on November 15, 2025, at 9:00 AM and concluded on December 14, 2025, at 5:00 PM. A total of 18 shareholders representing 3,31,250 shares participated in the voting process out of the company's total 1,05,51,800 shares.

The company dispatched postal ballot notices via email to 4,529 shareholders who had registered their email IDs with the company or depositories. An advertisement was published on November 15, 2025, in Business Standard (English and Hindi editions) informing shareholders about the completion of notice dispatch.

Board Authorizations Approved

The approved resolutions provide the company with significant financial flexibility for future operations and subsidiary support:

The board meeting held on November 13, 2025, had initially approved these proposals subject to shareholder approval, which has now been successfully obtained.

Regulatory Compliance and Documentation

The scrutinizer's report, prepared by CS Manoj Maheshwari (Membership No. FCS3355), confirmed that all voting procedures were conducted in accordance with Section 108 and 110 of the Companies Act, 2013, and relevant SEBI regulations. The report was digitally signed and submitted to ensure complete regulatory compliance.

These approvals position RMC Switchgears for enhanced financial flexibility and strategic growth initiatives, particularly in supporting subsidiary operations and pursuing expansion opportunities in the electrical equipment sector.

RMC Switchgears Limited , a company operating in switchgear engineering and EPC contracts for power distribution and transmission sectors, has reported its financial results for the half-year ended September 30, 2025.

Financial Highlights

The company's standalone financial results show a significant downturn:

Operational Performance

RMC Switchgears has experienced a significant decline in its operational performance. The revenue from operations decreased to Rs 19.51 crores from Rs 105.21 crores in the previous year, representing a substantial drop of 81.45%.

Profitability

The company's profitability has been severely impacted:

• A net loss of Rs 19.48 crores was reported, compared to a profit of Rs 10.25 crores in the same period last year.
• Total expenses increased to Rs 169.53 crores from Rs 99.01 crores, a rise of 71.22%.

Consolidated Results

On a consolidated basis, the company posted a net profit of Rs 19.87 crores compared to Rs 10.29 crores in the corresponding period. This presents a contrasting picture to the standalone results.

Board Approval

The Board of Directors approved these unaudited standalone and consolidated financial results at their meeting held on November 4, 2025.

Conclusion

The financial results for RMC Switchgears reflect a challenging period for the company's standalone operations, with a significant decrease in revenue and a shift from profit to loss. However, the consolidated results show a positive net profit, indicating potential variations in performance across the company's different entities or operations. These results underscore the current difficulties faced by the company in its core switchgear engineering and EPC contract businesses for the power sector.