RMC Switchgears Allots 5,020 Equity Shares Under Employee Stock Option Scheme 2024

RMC Switchgears Limited has allotted 5,020 equity shares pursuant to the exercise of stock options under its Employee Stock Option Scheme 2024 (ESOP-2024). The allotment was approved by the Nomination and Remuneration Committee of the Board of Directors at its meeting held on May 8, 2026, and has been disclosed under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

ESOP Allotment Details

The allotment involves equity shares carrying a face value of Rs. 10/- each, issued to eligible employees who exercised their stock options under the ESOP-2024 scheme. The key details of the allotment are summarised below:

Parameter: Details Number of Shares Allotted: 5,020 equity shares Face Value per Share: Rs. 10/- Scheme: Employee Stock Option Scheme 2024 (ESOP-2024) Approval Date: May 8, 2026 Approving Authority: Nomination and Remuneration Committee of the Board of Directors Regulatory Reference: Regulation 30 of SEBI LODR, 2015

Impact on Paid-Up Share Capital

Consequent to this allotment, the paid-up equity share capital of RMC Switchgears has been revised upward. The table below captures the change in the company's paid-up capital:

Capital Metric: Amount Paid-Up Capital (Pre-Allotment): Rs. 10,57,68,500 Paid-Up Capital (Post-Allotment): Rs. 10,58,18,700

The disclosure was made by Shivani Bairathi, Compliance Officer and Company Secretary of RMC Switchgears (Membership No. A42636), in accordance with Schedule III read with Regulation 30 of SEBI LODR Regulations, 2015.

RMC Switchgears Limited has published a newspaper advertisement in the Financial Express (English) and Business Remedies (Hindi) on April 25, 2026, regarding the notice of postal ballot and remote e-voting to seek member approval for the appointment of Mrs. Manisha Godara as an Independent Director. The announcement was made pursuant to Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Postal Ballot Schedule and Process

The company has announced a comprehensive e-voting schedule for shareholders to participate in the director appointment process. The postal ballot will be conducted exclusively through electronic voting, with no physical ballot forms being distributed to members.

Parameter Details Cut-off Date Friday, April 17, 2026 E-voting Start Saturday, April 25, 2026 (9:00 A.M. IST) E-voting End Sunday, May 24, 2026 (5:00 P.M. IST) Results Declaration On or before Tuesday, May 26, 2026

Director Appointment Details

The sole agenda item for the postal ballot is the appointment of Mrs. Manisha Godara (DIN: 08116113) as an Independent Director of the company. This special resolution seeks to formalize her position after she was initially appointed as Additional Director (Independent) on March 2, 2026, under Sections 149, 150, 152, and 161(1) of the Companies Act, 2013.

Appointment Details Information Director Name Mrs. Manisha Godara DIN 08116113 Category Independent Director Term Period 5 years (March 2, 2026 to March 1, 2031) Resolution Type Special Resolution

Professional Background and Qualifications

CS Manisha Godara brings significant expertise to the board with over a decade of professional experience since 2014. She is a member of The Institute of Company Secretaries of India and operates under "Manisha Godara & Associates," handling diverse corporate assignments including initial public offerings (IPOs), listed companies' securities issuance, secretarial audits, and compliance matters.

Her academic achievements include securing All-India Rank 23rd in the Company Secretaries Foundation Examination and earning merit distinction in the All India Commerce Talent Search Examination. She holds Bachelor's and Master's degrees in Commerce from the University of Rajasthan, along with a Rajasthan State Certificate in Information Technology.

E-voting Process and Compliance

The company has appointed CS Megha Khandelwal (FCS: 10237) from Megha Khandelwal & Associates as the Scrutinizer for the postal ballot process. Members holding shares as on the cut-off date of April 17, 2026, are eligible to participate in the e-voting process through the Central Depository Services Limited (CDSL) platform.

The notice and voting instructions are available on the company's website at www.rmcindia.in and CDSL's website. Results will be communicated to stock exchanges and published on the company website within the stipulated timeframe following the conclusion of the voting period. The Compliance Officer & Company Secretary, Shivani Bairathi (Membership No. A42636), confirmed the submission of the newspaper advertisement to both BSE Limited (Scrip Code: 540358) and National Stock Exchange of India Limited (Symbol: RMC).

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