RMC Switchgears Limited has received approvals to migrate its equity shares from the SME Platform of BSE to the Main Board of BSE Limited, along with approval for listing and trading on the Capital Market Segment (Main Board) of the National Stock Exchange of India Limited.
The transition marks a significant milestone in the company’s growth trajectory, underscoring its progress and commitment to enhanced corporate governance, transparency, and stronger investor engagement.
The transition marks a significant milestone in the company’s growth trajectory, underscoring its progress and commitment to enhanced corporate governance, transparency, and stronger investor engagement.
According to the company, the dual listing on the main boards of BSE and NSE is expected to improve its visibility in capital markets, enable broader participation from both retail and institutional investors, and strengthen its engagement with the wider investment community.
The management expressed gratitude to shareholders for their continued trust and support, acknowledging their role in the company’s journey to this stage.
Commenting on the development, Mr. Ankit Agrawal, CEO and Whole-Time Director, RMC Switchgears Limited, said, “Receiving approval for our migration to the Main Board and listing on NSE is a proud and meaningful milestone for RMC Switchgears Limited. We are sincerely grateful to our shareholders for their continued support and belief in the Company’s journey. We fully recognise that this transition brings with it greater responsibilities, particularly in the areas of governance, disclosures, and stakeholder engagement, and we are prepared to uphold these expectations with seriousness and commitment. We believe this development will lead to wider institutional investor participation and stronger market visibility in the period ahead.”
