RMC Switchgears Ltd. Secures Listing and Trading Approval on Mainboards of BSE and NSE
RMC Switchgears Ltd. has received final approval for the migration of its equity shares from the BSE SME Platform to the Mainboard of both the BSE Limited and the National Stock Exchange of India Limited (NSE). The approval, effective April 1, 2026, involves 1,05,76,850 equity shares with a face value of Re. 10 each.According to BSE letter reference no. 20260330-19 and NSE letter reference no. NSE/LIST/66, the shares will be listed and admitted to dealings on the Main Board of both exchanges starting Wednesday, April 1, 2026.
The company highlighted that this dual listing signifies a significant milestone, demonstrating sustained growth and a commitment to transparency and corporate governance. RMC Switchgears aims to broaden its shareholder base and enhance the visibility and accessibility of its shares in the capital markets.
| Description of Securities | Symbol | Series | No. of Securities | Mkt. Lot | Distinctive Numbers | Lock-in Details |
|---|---|---|---|---|---|---|
| Equity shares of Rs. 10/- each fully paid up | RMC | BE* | 10576850 | 1 | 1 to 10576850 | As per Annexure |
The company has also been advised to submit corporate compliance filings through the online listing portal, http://listing.bseindia.com. All reports and intimations will be broadcast through the NSE’s nationwide network.
Lock-in Details:
| No. of Equity Shares | Distinctive Nos. | Distinctive Nos. | Lock in |
|---|---|---|---|
| Fully Paid-up | From | To | |
| 5092200 | 1 | 5092200 | Free |
| 1000000 | 5092201 | 6092200 | Free |
| 780000 | 6092201 | 6872200 | Free |
| 3436100 | 6872201 | 10308300 | Free |
| 181500 | 10308301 | 10489800 | Free |
| 18500 | 10489801 | 10508300 | 05-Dec-2026 |
| 18500 | 10508301 | 10526800 | 05-Dec-2026 |
| 25000 | 10526801 | 10551800 | Free |
| 25050 | 10551801 | 10576850 | Free |
| 10576850 | Total | Total | Total |
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