RMC Switchgears Ltd — Important, 20-01-2026: Company Update

RMC Switchgears provided a business update, clarifying that no official government notification has been issued regarding speculated tender policy changes affecting overseas participation. The company believes potential changes pose limited near-term risk due to its business model and product characteristics. RMC also announced a two-year rate contract worth ₹8.06 crore for smart meter enclosures and achieved L1 status in two distribution infrastructure tenders under the RDSS scheme, estimated at ₹203 crore, reinforcing its strong market position and project execution momentum. The company is also pursuing migration to the Main Board.