RMC Switchgears Ltd — Important, 20-08-2026: Company Update

RMC Switchgears has announced the release of the pledge on its shares in Intelligent Hydel Solutions Private Limited (IHSPL). These shares were previously pledged to Saatvik Cleantech EPC Private Limited under a loan agreement. This means RMC now has unencumbered ownership of its stake in IHSPL. The company has clarified that this development does not materially impact its financial, operational, or managerial affairs, maintaining its current business stability. The termination of the pledge arrangement removes a past obligation related to its investment.