RSWM Limited — Others, 12-02-2025: Change in Director(s)

The Board has approved the unaudited financial results for the quarter and nine months ending December 31, 2024. Key highlights include revenue from operations of ₹1,195.62 crore with a net loss of ₹(13.04) crore for the quarter. Additionally, Shri Thomas Varghese has been appointed as an Independent Director and Shri Rajeev Gupta as Joint Managing Director, effective February 12, 2025. The resignation of Shri Brij Mohan Sharma as Joint Managing Director will take effect on March 31, 2025, after which he will continue as a Non-Executive Director. This restructuring may positively influence investor sentiment by introducing fresh leadership and expertise, potentially driving growth and operational efficiency.