RMC Switchgears Limited (RMC) announced significant leadership change, setting the stage for a new phase of growth and innovation. The Company is re-designating Mr. Ankit Agrawal from his current role as Whole-time Director and CFO to Whole-time Director and Chief Executive Officer (CEO), effective April 1, 2024. The announcement from RMC Switchgears indicates a pivotal restructuring within its leadership framework to reinforce the Company's trajectory towards accelerated growth over the next 3-5 years.

By introducing Mr. Anand Chaturvedi as the Chief Financial Officer (CFO) and transitioning Mr. Ankit Agrawal to Chief Executive Officer (CEO), RMC Switchgears strategically enhances its management bandwidth. Mr. Agrawal's new position as CEO underscores the company's commitment to strategic steering and business development, aligning operational endeavors with long-term vision and market opportunities. This leadership overhaul is a testament to RMC's dedication to setting a solid foundation for future expansion and innovation, marking a significant leap towards realizing its ambitious growth objectives.

Mr. Ankit Agrawal, with his sharp vision and 22 years of rich experience in the electrical industry, has been a driving force behind RMC's organic growth since its inception. He has also facilitated strategic diversification and expansion in multiple ways. His new role as the CEO reflects his commitment to leading the Company into well-suited complementary territories and establishing strategic pillars for sustained and quality growth.

Under his leadership, RMC has excelled in quality assurance, sales, and marketing while continuously pioneering and exploring solution innovation and margin expansion. His deep understanding of the market and leadership skills have been instrumental in establishing RMC as a frontrunner in the electrical infrastructure domain.