Deals21 Jan 2026, 03:21 pm
RMC Switchgears Ltd Receives Letters of Intent Worth Rs. 27.94 Crores
AI Summary
RMC Switchgears Limited has received Letters of Intent (LOI) amounting to X 27,94,33,400.00 (Rupees Twenty Seven Crores Ninety Four Lakhs Thirty Three Thousands Four Hundred Rupees only) inclusive of all taxes. The LOI is for the supply of Fiber Reinforced Plastic (FRP) Fencing for fixing and distribution transformer centres at various locations given under Bhandup, Kalyan, Nashik, Pune zone as per the manufacturing milestone schedule. This receipt of LOI strengthens the Company’s order book and is expected to contribute positively to the Company’s revenue and growth prospects.
Key Highlights
- RMC Switchgears Ltd has received Letters of Intent (LOI) worth Rs. 27.94 Crores.
- The LOI is for the supply of FRP Fencing for transformer centres.
- The LOI is from AARKA CORPORATION PRIVATE LIMITED.
- The LOI is expected to contribute positively to the Company’s revenue and growth prospects.
- The Company will update the Stock Exchange on further material developments.