RMC Switchgears Board Approves FY26 Audited Results, Reappoints Auditors
RMC Switchgears approved audited standalone and consolidated financial results for FY26 ended March 31, 2026. The Board re-appointed M/s. DLS and Associates LLP as Internal Auditors and M/s. Deepak Mittal & Associates as Cost Auditors for FY27. The trading window will reopen 48 hours post-results.
The approval of audited financial results and re-appointment of auditors are important for regulatory compliance and corporate governance. These actions provide clarity on the company's financial performance and auditor continuity.
The announcement details the approval of financial results and routine re-appointments of auditors, which are standard corporate actions. There are no significant positive or negative financial or operational developments highlighted.
RMC Switchgears Limited announced the outcome of its Board Meeting held on Friday, May 29, 2026. The Board approved the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. This includes the Statement of Assets and Liabilities as of March 31, 2026, and the Statement of Cash Flow for the year ended on March 31, 2026. The Auditors' Report with an unmodified opinion was also taken on record.
The company also approved the re-appointment of M/s. DLS and Associates LLP as Internal Auditors for the financial year 2026-27. Additionally, M/s. Deepak Mittal & Associates have been re-appointed as Cost Auditors for the financial year 2026-27, with their remuneration subject to shareholder ratification at the upcoming Annual General Meeting (AGM) in the calendar year 2026.
Furthermore, RMC Switchgears confirmed that it does not fall under the 'large corporate' category as per SEBI's framework for debt securities. The 'Trading Window' for directors, promoters, and designated persons will reopen 48 hours after the declaration of the financial results. The Board Meeting commenced at 3:00 PM IST and concluded at 6:20 PM IST.
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