
Management Change12 Sept 2026, 11:31 am
RMC Switchgears Appoints Dilip Panjwani as Additional Director
AI Summary
RMC Switchgears Ltd announced the appointment of Mr. Dilip Panjwani as an Additional Director in the category of Independent Director. The decision was made during a Board of Directors meeting held on September 12, 2026. The appointment is subject to shareholder approval. The board also approved the purchase of industrial land from a related party and the initiation of a postal ballot process for shareholder consent on these matters. The trading window for the company's shares will open on September 15, 2026. Mr. Panjwani brings over 25 years of experience in finance, corporate governance, and M&A.
Key Highlights
- Dilip Panjwani appointed as Additional Independent Director.
- Appointment subject to shareholder approval.
- Board approved land purchase from related party.
- Postal ballot to be issued for shareholder consent.
- Trading window reopens September 15, 2026.
Price Impact
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