Latest news about RM Drip & Sprinklers System
RM Drip & Sprinklers System
19.33
+0.92(+5.00%)
Company Performance:
View Company Insights1D+5.00%
1M-25.02%
6M-57.99%
1Y-37.52%
5Y+1,934.74%
More news about RM Drip & Sprinklers System
30Mar 26
RM Drip and Sprinklers Systems Limited Conducts Independent Directors Meeting on March 30, 2026
RM Drip and Sprinklers Systems Limited conducted its separate meeting of Independent Directors on March 30, 2026, from 10 am to 11 am IST at the company's registered office. The meeting was held in compliance with Section 149(7) of the Companies Act, 2013 and Regulation 25 of SEBI LODR Regulations, 2015. Independent Directors reviewed the performance of Non-Independent Directors, the Board, and the Chairperson, while also assessing information flow between management and the Board. Company Secretary Ms. Gracy Vijay Kale filed the outcome with NSE and BSE, where the company trades under symbol RMDRIP and scrip code 544456 respectively.
12Mar 26
RM Drip And Sprinklers Systems Revises Bonus Issue Record Date to April 10, 2026
RM Drip And Sprinklers Systems Limited has revised the record date for its bonus equity shares issue to April 10, 2026, with the deemed allotment date set for April 13, 2026. This revision follows an earlier intimation dated February 28, 2026, and complies with SEBI regulations. The company has informed both NSE and BSE of the updated timeline for determining shareholder entitlement to receive bonus shares.
16Feb 26
RM Drip and Sprinklers Systems Limited Announces Strategic Entry into Smart Irrigation Automation
RM Drip and Sprinklers Systems Limited announced its strategic entry into IoT-based smart irrigation automation starting March 2026, targeting India's irrigation automation market projected to grow at 24.1% CAGR from USD 252 million in 2024 to USD 899 million by 2030. The initiative represents a business model shift from hardware-focused operations to integrated technology solutions, expected to contribute 5% of revenue in FY27 with 30% segment growth thereafter. The company will leverage its 1,000+ dealer network for nationwide rollout, supported by government initiatives promoting digital agriculture transformation.
04Feb 26
Kunal Haresh Mehta Reduces Stake in R M Drip and Sprinklers Systems Limited to 18.20%
Kunal Haresh Mehta and PAC Smita Mehta have reduced their combined stake in R M Drip and Sprinklers Systems Limited from 20.75% to 18.20% through open market sales of 63,85,657 shares between December 2025 and February 2026. Mehta individually sold 49,85,657 shares (2.00% reduction) while Smita Mehta disposed of 14,00,000 shares (0.56% reduction). The disclosure was filed under SEBI Regulation 29(2) for the company listed on NSE and BSE with total equity capital of Rs. 24,98,00,000.
30Jan 26
RM Drip and Sprinklers Systems Limited Independent Director Kavita Ashish Pandare Resigns Due to Personal Considerations
RM Drip and Sprinklers Systems Limited disclosed the resignation of Independent Director Mrs. Kavita Ashish Pandare, effective January 29, 2026, due to personal considerations. The company made the disclosure on January 30, 2026, under SEBI Regulation 30 requirements to NSE and BSE. The director confirmed no other material reasons exist beyond those stated and also holds directorship in Transglobe Foods Limited.
29Jan 26
RM Drip & Sprinklers Systems Reports Strong Q3 Performance with 38% Profit Growth
RM Drip & Sprinklers Systems Limited reported exceptional Q3 financial results with net profit rising 38.24% year-over-year to ₹141 million from ₹102 million. The company's revenue showed even stronger growth, increasing 55.42% to ₹746 million compared to ₹480 million in the same quarter last year. The robust performance across both revenue and profitability metrics demonstrates the irrigation solutions company's strong market position and operational efficiency.
29Jan 26
RM Drip and Sprinklers Systems Completes Land Acquisition for New Manufacturing Facility
RM Drip and Sprinklers Systems Limited has completed land acquisition for a new manufacturing facility through subsidiary Brahmanand Pipes Private Limited at Sinnar, Maharashtra. The facility will have approximately 12,000 metric tonnes annual capacity, with construction completion expected by Q1 FY2026-27 and commercial production starting Q2 FY2026-27. The expansion will increase overall production capacity by approximately 50%.
24Jan 26
R.M Drip And Sprinklers Systems Limited Schedules Board Meeting for January 29, 2026 to Review Q3FY26 Financial Results
R.M Drip And Sprinklers Systems Limited has scheduled its board meeting for January 29, 2026, to consider Q3FY26 unaudited standalone and consolidated financial results for the quarter ended December 31, 2025. The meeting complies with SEBI Regulation 29 requirements, with the company maintaining trading window closure for designated persons until 48 hours post-results declaration. The irrigation systems company trades on NSE as RMDRIP and BSE with scrip code 544456.
12Jan 26
R M Drip And Sprinklers Systems Expands Manufacturing Capacity by 50%
R M Drip And Sprinklers Systems announced a significant manufacturing expansion to boost production capacity by approximately 50%. The initiative aims to enhance operations, strengthen market position, and increase shareholder value through improved manufacturing capabilities in the irrigation systems sector.
12Jan 26
RM Drip and Sprinklers Systems Limited Announces New Manufacturing Unit with 50% Capacity Expansion
RM Drip and Sprinklers Systems Limited announced establishment of a new manufacturing facility at Sinnar, Maharashtra, through proposed wholly owned subsidiary Brahmanand Pipes Private Limited. The facility will add 12,000 metric tonnes annual capacity, representing approximately 50% increase in overall manufacturing capacity. The expansion targets multiple segments including irrigation, infrastructure, and industrial markets with diversified product portfolio ranging from drip irrigation systems to telecom pipes and industrial solutions.
12Jan 26
R M Drip And Sprinklers Systems Limited Announces New Manufacturing Unit in Maharashtra
R M Drip And Sprinklers Systems Limited announced the setup of a new manufacturing unit under Brahmanand Pipes Private Limited in Sinnar District, Nashik, Maharashtra, approved by the Board on January 12, 2026. The facility will add 12,000 metric tonnes annual capacity, increasing overall production by 50%, and will manufacture diverse products including drip irrigation systems, HDPE pipes, and telecom infrastructure. Commercial production is expected to commence in Q2 FY 2026-27.
12Jan 26
R M Drip And Sprinklers Systems Board Approves Acquisition of Brahmanand Pipes Private Limited
R M Drip And Sprinklers Systems Limited's board has approved the acquisition of Brahmanand Pipes Private Limited. This strategic decision represents the company's expansion efforts in the irrigation and piping systems sector, with the board showing confidence in the potential synergies from this acquisition.
12Jan 26
RM Drip And Sprinklers Systems Announces ₹10.00 Lakh Acquisition of Brahmanand Pipes
RM Drip And Sprinklers Systems Limited announced the proposed acquisition of Brahmanand Pipes Private Limited for ₹10.00 lakh through a cash transaction. The company will acquire 100% equity shareholding by purchasing 1,00,000 equity shares at ₹10 each. The acquisition aims to manufacture new product ranges to meet growing demand in the pipes and related products sector, with completion expected within 30 days.
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3,508.70
(-0.01%)
1,550.80
(-0.67%)
2,768.30
(-0.90%)
5,403.40
(-0.76%)
165.97
(-1.85%)
178.12
(-0.62%)
5,177.10
(+0.03%)
251.80
(+3.43%)
522.70
(+9.94%)
31.12
(-6.85%)
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