NSEPress Release5 Aug 2026 · 5 Aug 2026, 05:40 pm
Press Release
RMC Switchgears Limited · RMC
✦ AI Summary▲ PositiveOrder Win
RMC Switchgears Limited has received orders aggregating ₹344.10 crore, led by a ₹333.80 crore underground cabling mandate from PGVCL, and has also received orders from Genus Power Infrastructures Limited and Jaipur Vidyut Vitran Nigam Limited.
Analysis Scores
Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment9/10
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Full Announcement
Rmc Switchgears Limited has informed the Exchange regarding a press release dated August 05, 2026, titled "RMC Switchgears Limited Sees Fresh Order Traction with Orders Aggregating ₹344.10 Crore, Led by a ₹333.80 Crore Underground Cabling Mandate from PGVCL".
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+91 141 4400222
www.rmcindia.in
admin@rmcindia.in
Date: 05.08.2026
To To
Sr. General Manager Sr. General Manager
Department of Corporate Services Listing Department
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G
Dalal Street Mumbai - 400001 Bandra Kurla Complex Bandra (E), Mumbai - 400
Scrip Code: 540358 051
Symbol: RMC
Sub: Disclosure pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015 – RMC
Switchgears Limited Sees Fresh Order Traction with Orders Aggregating ₹344.10 Crore,
Led by a ₹333.80 Crore Underground Cabling Mandate from PGVCL
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, we are pleased to inform that the Company is submitting herewith the Press Release titled “RMC
Switchgears Limited Sees Fresh Order Traction with Orders Aggregating ₹344.10 Crore,
Led by a ₹333.80 Crore Underground Cabling Mandate from PGVCL”.
Please consider this information as relevant disclosure pursuant to Regulation 30 and other applicable
provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
You are requested to kindly take the same on record and acknowledge.
Thanking You
For and on behalf of RMC Switchgears Limited
Shivani Bairathi
Compliance Officer & Company Secretary
ACS-42636
Enclosed: Press Release
CIN : L25111RJ1994PLC008698
Corp. Office : B-11 (B&C), Malviya Industrial Area, Jaipur-302017 (Rajasthan)
Regd. Office & Factory : Khasra No. 163, 164, Village-Badodiya, Tehsil-Kotkhawada, District- Jaipur,Rajasthan-303908
RMC Press Release – Receipt of Orders – 05 August 2026
FOR IMMEDIATE RELEASE
RMC Switchgears Limited Sees Fresh Order Traction with Orders Aggregating ₹344.10
Crore, Led by a ₹333.80 Crore Underground Cabling Mandate from PGVCL
Jaipur, Wednesday, 05 August 2026: RMC Switchgears Limited (“RMC” or “the Company”) is
witnessing fresh traction in order inflows, having received orders aggregating ₹344.10 crore. The
largest of these is a set of 12 Letters of Acceptance (LOA) from Paschim Gujarat Vij Company
Limited (PGVCL) worth ₹333.80 crore.
The LOAs received from PGVCL are for turnkey contracts covering site survey, designing,
engineering, procurement, supply, loading, transportation, unloading, insurance, delivery at site,
handling, storage, installation, testing and commissioning, including documentation of all items
and material required to complete the works. The scope entails the conversion of the existing 11
kV HT line and LT line network, including consumer service lines, into an underground cable
network with a Ring Main System, together with GIS Mapping / Geo Urja Mapping (developed by
GUVNL) and asset tagging under the SI Scheme.
The 12 packages awarded by PGVCL are spread across four circles, as summarised below:
Circle Number of Packages Value (₹ crore)
Bhavnagar Circle 9 251.21
Jamnagar Circle 1 35.98
Anjar Circle 1 28.26
Junagadh Circle 1 18.36
Total 12 333.80
The PGVCL packages are to be executed over periods of 12 to 18 months, following a
commencement period of 45 days for all contractual purposes.
In addition, the Company has received an order from Genus Power Infrastructures Limited worth
₹5.02 crore for UND S_Panel mounting structure 1.1 KW, from Jaipur Vidyut Vitran Nigam Limited
worth ₹2.84 crore for 100 Amp. L.T. Distribution Kiosks suitable for underground cabling, and a
Letter of Intent from Southern Power Distribution Company of Telangana Limited worth ₹2.44
crore for the supply of LT Distribution Boxes. The Genus Power and Jaipur Vidyut Vitran Nigam
orders are to be executed over a period of six months each, and the Telangana order over a period
of 12 months from commencement.
With these awards, the Company’s unexecuted order book stands at approximately ₹1188 crore.
All the aforesaid orders have been awarded by domestic entities. None of the orders falls within
related party transactions, and neither the promoter, the promoter group nor group companies
have any interest in the entities awarding these orders. The receipt of these orders further
strengthens the Company’s order book and is expected to contribute positively to the Company’s
revenue and growth prospects.
Management Commentary
Commenting on the development, Mr. Ankit Agrawal, CEO and Whole-Time Director, RMC
Switchgears Limited, said:
“We are seeing encouraging traction in order inflows, and orders aggregating ₹344.10 crore reflect
the confidence our utility customers continue to place in RMC.
The mandate from Paschim Gujarat Vij Company Limited, covering the conversion of existing 11 kV
HT and LT overhead networks into an underground cable network with a Ring Main System, is a
1 WWW.DICKENSONWORLD.COM
RMC Press Release – Receipt of Orders – 05 August 2026
turnkey engagement that draws on the full breadth of our capabilities, from survey and design
through to installation, testing and commissioning. Alongside it, the awards for distribution kiosks,
distribution boxes and panel mounting structures reflect steady demand across our electrical
products portfolio.
Our focus now turns to disciplined execution. We will continue to keep our shareholders and the
market informed of material developments as they arise.”
About RMC Switchgears Limited
RMC Switchgears is a prominent player in the electrical infrastructure solutions sector,
specialising in the manufacture of electrical enclosures designed to prevent electrical theft and
enhance safety by reducing the risk of electrocution. The Company has built a strong reputation
in the smart meter enclosure market and actively supports utilities across India through
initiatives such as the Revamped Distribution Sector Scheme (RDSS). RMC’s offerings span
manufacturing, installation, and Operations & Maintenance (O&M), making it a reliable partner
for AMISPs, utilities, and state entities as India modernises its power distribution networks.
RMC’s foray into renewable energy is a natural progression. The Company is expanding into solar
EPC, green energy projects, and IPP solutions, leveraging its expertise in electrical infrastructure.
Complementing its legacy business, RMC is also advancing into water management infrastructure
by integrating advanced technologies like IoT. Through high-value, customised solutions for
DISCOMs, RMC continues to enhance efficiency, reduce losses, and support India’s power security
objectives, reinforcing its role as a key contributor to the nation’s sustainable infrastructure
development.
For more information, please contact:
RMC Switchgears Limited
Mrs. Shivani Bairathi
Company Secretary and Compliance Officer
cs@rmcindia.in
Dickenson World
Mr. Manoj Saha
Director
manoj.saha@dickensonworld.com
Safe Harbor
This communication is a business update and may include forward-looking statements based on
management’s current views and assumptions. Actual results may differ materially due to risks
and uncertainties, including changes in regulations, market conditions, procurement
frameworks, and execution-related factors.
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RMC Press Release – Receipt of Orders – 05 August 2026
● enquiry@dickensonworld.com
● www.dickensonworld.com
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