RMC Switchgears Ltd — Important, 29-11-2025: Company Update

RMC Switchgears' Chairman and Managing Director, Mr. Ashok Kumar Agarwal, a promoter, acquired 2,000 equity shares through an on-market purchase on BSE Limited for a value of 996,000. This transaction increased Mr. Agarwal's stake to 2,394,230 shares, representing 22.69% of the company. This increase in promoter holding is typically viewed by investors as a positive signal, demonstrating confidence in the company's future prospects.