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RMC Switchgears Ltd to consider preferential issue, appoitnment

Posted On: 2018-02-18 02:44:19

A meeting of the board of directors of RMC Switchgears Ltd is scheduled to be held on February 28, 2018 at 11:15 AM to consider the allotment of 10,00,000 equity shares on preferential basis to promoters and non-promoters.

The board will consider the appointment of Mr. Atul Dixit, CEO of the company as additional executive director and Mr. Himanshu Goyal as an additional non-executive independent director.

Shares of RMC Switchgears Ltd was last trading in BSE at Rs.66.95 as compared to the previous close of Rs. 72.4. The total number of shares traded during the day was 32000 in over 8 trades.

The stock hit an intraday high of Rs. 66.95 and intraday low of 65.2. The net turnover during the day was Rs. 2107200.

Source: Equity Bulls

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