RMC Switchgears Ltd — Important, 14-04-2026: Company Update

RMC Switchgears announced Brickwork Ratings has withdrawn credit ratings for its Rs. 42.14 Cr bank loan facilities. The company clarified it had already moved to end this rating relationship, backed by lender approvals. RMC Switchgears emphasized the 'Issuer Not Cooperating' status from Brickwork is misleading, as it wasn't seeking an active review. Importantly, the company maintains a current, valid rating with Infomerics Valuation and Rating Pvt. Ltd., indicating the withdrawn rating doesn't reflect its present financial standing. This update is key for shareholders understanding the company's financial assessment.