RMC Switchgears Ltd — Important, 28-01-2026: Company Update

Ankit Agrawal, a promoter of RMC Switchgears, is set to acquire 845,700 equity shares, representing 8.02% of the company. This is an off-market transfer via gift/distribution deed within the promoter family, with shares coming from Vitthal Das Agarwal HUF and Vitthal Das Agarwal. While Ankit Agrawal's personal stake will rise from 9.71% to 17.76%, the overall promoter group holding remains unchanged. This internal rearrangement of shares does not trigger any public offer requirements.