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Approval

R M Drip and Sprinklers Systems: The Board of Directors of the Company at its meeting held today i.e. Monday 09th November 2026 inter-alia…

R M Drip and Sprinklers Systems (RMDRIP) filed a disclosure titled "The Board of Directors of the Company at its meeting held today i.e. Monday 09th November 2026 inter-alia considered and approved the standalone and consolidated". The company is valued at…

BCEIE News Desk · Published 9 Nov 2026, 03:09 pm IST · Filing received 9 Nov 2026, 02:53 pm IST

What happened

R M Drip and Sprinklers Systems (RMDRIP) filed a disclosure with the exchanges on 9 November 2026 at 02:53 PM titled "The Board of Directors of the Company at its meeting held today i.e. Monday 09th November 2026 inter-alia considered and approved the standalone and consolidated".

Company snapshot

R M Drip and Sprinklers Systems is a micro-cap company, with a market value of about ₹818 crore.

The stock last traded at ₹19.1, against a 52-week range of ₹14.81–₹72.22 (73.5% below the high).

Before this filing the shares had moved −15.8% over the month and +6.7% over three months. Average daily turnover over the last 20 sessions was about ₹0.48 crore.

Promoters held 21.06% at the end of Q1 FY27. Foreign institutions owned 4.24% and domestic institutions 0.10%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY26305.32.13
Q2 FY26315.72.29
Q3 FY2675140.56
Q4 FY2661100.4
Q1 FY27405.30.42

What history shows

BCEIE has no earlier approval filing from this company on record since May 2026.

Market-wide, 1,593 approval filings with an impact score of 50 or more saw an average next-day move of +0.2%, with 48% rising.

Past reactions describe what happened before; they are not a forecast.

What to watch

  • 9 November 2026: Board meeting — Financial Results.

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.

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