RMC Switchgears Ltd — Important, 29-01-2026: Company Update

RMC Switchgears has allotted 25,050 new equity shares to employees who exercised their stock options under the Employee Stock Option Scheme 2024. This action increases the company's paid-up equity share capital from Rs. 10.55 Cr to Rs. 10.58 Cr. For shareholders, this represents a minor increase in the total shares outstanding. Such schemes are generally implemented to incentivize and retain key talent, aiming to align employee interests with the company's long-term performance and growth.