RMC Switchgears set to move to BSE mainboard after in-principle nod, stock moves 5%RMC Switchgears set to move to BSE mainboard after in-principle nod, stock moves 5%

Introduction

Leading electrical switchgear manufacturer received BSE approval to migrate its shares from the SME Platform to the Mainboard, with final listing formalities currently in progress.

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Share price movement of RMC Switchgears

On February 6, 2026, RMC Switchgears Ltd opened at ₹393.00, down 1.55% from its previous close of ₹399.30. The stock reached a high of ₹418.00 (4.66%) and a low of ₹380.00 (-4.76%). By 12:48 PM, it traded at ₹412.70, a 3.36% increase, with a market cap of ₹434.44 crore.

RMC Switchgears Gets BSE Approval

RMC Switchgears Limited received in-principle approval from BSE on February 5, 2026, for migrating its equity shares from the BSE SME Platform to the BSE Mainboard.

The company is completing final listing formalities as per BSE requirements. Trading on the Mainboard will commence after formalities, with the effective date to be communicated to the Exchange.

Stock performance of RMC Switchgears for Period of 1 week, 6 months, and 1 year

RMC Switchgears Ltd gained 3.37% over the past week, declined 51.7% over the past six months, and fell 58.6% over the past one year.

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Shareholding pattern of RMC Switchgears

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	52.10%	52.10%	52.10%
FII	3%	5%	5%
DII	0.40%	1.00%	0.80%
Public	44.80%	42.10%	42.10%

About RMC Switchgears

RMC Switchgears Ltd (BSE: 540358) designs, manufactures, and supplies switchgear, smart energy meter enclosures, distribution panels, and offers EPC solutions for power distribution and transmission projects.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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