RMC Switchgears Ltd — Important, 24-11-2025: Company Update

RMC Switchgears Limited has secured a Letter of Intent from Rajasthan Rajya Vidyut Prasaran Nigam Limited, valued at ₹42.24 Crore. The contract involves the comprehensive execution of works for a new 132 kV GSS (Grid Sub-station) at Kalyanpur (Pachpadra), Balotra, including associated lines, bays, equipment supply, erection, testing, and commissioning. This project is expected to be completed within 18 months. This significant order reinforces the company's order book and is set to positively contribute to its revenue and future growth prospects for shareholders.