RMC Switchgears Ltd Appoints Key Executives as Senior Management Personnel
RMC Switchgears Ltd has announced the designation of two senior executives as part of its management team, effective June 05, 2026. The appointments were approved by the Board of Directors through a resolution passed by circulation.The company designated Mr. Vikash Verma, Deputy CFO, and Mr. Ojas Sethi, Head of Finance and Accounts, as Senior Management Personnel (SMP). These appointments strengthen the company’s leadership structure in critical financial and operational roles.
Details regarding the background and experience of both appointees are provided below:
| Particulars | Mr. Vikash Verma (Deputy CFO) | Mr. Ojas Sethi (Head of Finance and Accounts) |
|---|---|---|
| Designation | Senior Management Personnel | Senior Management Personnel |
| Date of Appointment | June 05, 2026 | June 05, 2026 |
| Experience | Over 22 years | Over 14 years |
| Chartered Accountancy | Completed in 2005 | Completed in 2011 |
| Previous Association | South Asia LPG Company Pvt Ltd (JV of Hindustan Petroleum & Total Energies France) | Cent Bank Home Finance Ltd. |
The designations were made following a resolution passed by the Board of Directors on June 05, 2026. The board’s Nomination and Remuneration Committee recommended these appointments.
RMC Stock Price Movement
Today, RMC Switchgears Limited saw shares tumble in the post-market session, settling at ₹300.95 after shedding ₹15.80 from its previous close. The heavy decline pushed the stock to a 52-week low, as trading volumes recorded 50,959 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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