Rail Vikas Nigam Ltd (RVNL) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Rail Vikas Nigam Ltd on NSE and BSE, with an AI summary of each filing.
Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015- Letter of Award from Ministry of External Affairs
Others (Uncategorized) · 30 Oct 2026, 2:01 am
RVNL Secures MEA Project for DPR Preparation in Seychelles Rail Vikas Nigam Limited (RVNL) has received a Letter of Award from the Ministry of External Affairs on 29th Oct'26. The contract entails the preparation of a Detailed Project Report for setting up a Professional and Technical Education Centre in Seychelles. Classified as international work awarded by a domestic entity in the normal course of business, the contract size is INR 55 lakh (excluding taxes) with an execution timeline of six months. The transaction does not involve promoter interest or related-party exposure.
Intimation regarding Change in Senior Management
Change in Management · 19 Oct 2026, 8:39 pm
RVNL Executive Director Ashutosh Gautam Relieved to Join NBCC as Director Rail Vikas Nigam Limited (RVNL) has announced that Ashutosh Gautam, Executive Director (Highway), has been relieved from the services of the company effective 19th Oct'26 (F/N). Gautam ceases to be part of RVNL's senior management following his appointment as Director (Projects) at NBCC (India) Limited. Subsequent to his departure, all Highway Projects will be managed by respective regional Executive Directors, while planning and project work will be overseen by ED (Planning & Projects).
Rail Vikas Nigam Limited (RVNL) has signed MoU with the Damodar Valley Corporation (DVC)
Others (Uncategorized) · 15 Oct 2026, 10:12 pm
RVNL Signs MoU With Damodar Valley Corporation For Rail Infrastructure Projects Rail Vikas Nigam Limited (RVNL) has signed a Memorandum of Understanding (MoU) with Damodar Valley Corporation (DVC) on 15th Oct'26. Under the agreement, executed in the ordinary course of business, both entities will cooperate on the development, upgradation, renovation, and construction of rail infrastructure and connectivity to DVC's power plants and captive coal mining areas. The scope includes associated Rapid Loading Systems (RLS/CHP/SILO) and retractable overhead electrification (OHE) systems.
Appointment of Shri Deepak Mohanty (DIN: 09356933) as Non- Official (Independent) Director on the Board of Rail Vikas Nigam Limited
Change in Management · 12 Oct 2026, 11:21 pm
RVNL Appoints Deepak Mohanty as Non-Official Independent Director Rail Vikas Nigam Limited approved the appointment of Deepak Mohanty as Non-Official Independent Director, effective 6th Oct'26 through 5th Oct'29. Mohanty brings nearly three decades of multi-disciplinary experience spanning financial services, strategic consulting, real estate, and corporate governance. The company confirmed that Mohanty is not debarred by SEBI or any regulatory authority and holds no relationship with existing board directors, expanding RVNL's total board strength to ten members.
Appointment of Shri Deepak Mohanty as Non-Official (Independent) Director on the Board of Rail Vikas Nigam Limited
Others (Uncategorized) · 06 Oct 2026, 11:56 pm
RVNL Appoints Deepak Mohanty as Non-Official Independent Director Rail Vikas Nigam Limited (RVNL) announced that the Ministry of Railways, Government of India, has conveyed the President of India's appointment of Shri Deepak Mohanty as a Non-Official (Independent) Director on the company's Board. The appointment is effective immediately for a tenure of three years or until further orders, whichever is earlier, pursuant to an order dated 6th Oct'26. RVNL is completing the required regulatory formalities under the Companies Act, 2013 and SEBI LODR Regulations.
Board Comments on fine levied by the Exchanges
Others (Uncategorized) · 05 Oct 2026, 10:17 pm
RVNL Clarifies Stock Exchange Fines Over Board Composition Non-Compliance Rail Vikas Nigam Limited (RVNL) addressed fines imposed by NSE and BSE on 25th Aug'26 regarding SEBI LODR non-compliance for the quarter ended 30th Jun'26. The violations relate to Regulations 17(1), 18(1), and 19(1) & 19(2) concerning board and committee compositions. RVNL’s board clarified that the company has repeatedly urged the Ministry of Railways to fill vacancies for Independent Directors, including a woman Independent Director. RVNL noted that, as a Government enterprise, director appointments remain solely under the administrative ministry's purview.
Cancellation of Letter of Award received from East Coast Railway
Others (Uncategorized) · 02 Oct 2026, 12:27 am
RVNL East Coast Railway Video Surveillance Order Cancelled with Mutual Consent Rail Vikas Nigam Limited (RVNL) announced that East Coast Railway has cancelled the Letter of Award (LoA) executed on 25th Nov'25. The project involved the supply, installation, testing, and commissioning of an IP-based Video Surveillance System for rolling stock. The cancellation has been executed with mutual consent and carries no financial repercussions for the company.
Appointment of Smt. Neeti Sarkar (DIN: 11978693) as Director/Finance (Additional Charge) vice Shri Abhishek Kumar, then Director (Finance) on the Board of Rail Vikas Nigam Limited
Change in Management · 30 Sept 2026, 10:16 pm
Rail Vikas Nigam Appoints Neeti Sarkar as Director (Finance) Rail Vikas Nigam Limited (RVNL) approved the appointment of Smt. Neeti Sarkar as Director (Finance) and Key Managerial Personnel, effective 30th Sep'26, assuming additional charge until further orders pursuant to a Ministry of Railways directive. Smt. Sarkar, an IRAS officer of the 1994 batch and currently Principal Executive Director (Finance) at RVNL, succeeds Shri Abhishek Kumar, who ceased to hold the Director (Finance) position on the board effective 30th Sep'26. She is not related to any existing board directors.
Outcome of Board Meeting
Outcome · 30 Sept 2026, 6:36 pm
RVNL Appoints AMAA & Associates as Internal Auditor for One Year Rail Vikas Nigam Limited (RVNL) announced that its Board of Directors approved the appointment of M/s. AMAA & Associates, Chartered Accountants, as the company's Internal Auditor on 30th Sep'26. The appointment is for a one-year term effective retrospectively from 1st Jul'26. Consequently, the previous tenure of M/s. Ravi Rajan & Co. LLP, Chartered Accountants, concluded on 30th Jun'26. AMAA & Associates brings extensive internal audit experience across major public and private sector enterprises.
Entrustment of additional charge of post of Director (Finance) on the Board of Rail Vikas Nigam Limited
Others (Uncategorized) · 29 Sept 2026, 11:40 pm
RVNL Appoints Neeti Sarkar with Additional Charge as Director (Finance) The Ministry of Railways, via order dated 29th Sep'26, entrusted the additional charge of Director (Finance) at Rail Vikas Nigam Limited (RVNL) to Ms. Neeti Sarkar, IRAS, who currently serves as PED/Finance/RVNL on deputation. The assignment takes effect from the date she assumes charge and will remain valid until further orders, pending approval from the Competent Authority. RVNL is completing the required regulatory appointment formalities under the Companies Act, 2013, and SEBI Listing Regulations.
Intimation under Regulation 30 of the SEBI (LODR) Regulation, 2015
Intimation · 23 Sept 2026, 12:35 am
RVNL Management to Participate in PL Capital Investor Conference in Mumbai Rail Vikas Nigam Limited announced that its management will participate in the PL Capital Investor Conference scheduled for 28th Sep'26 in Mumbai. The meeting will be conducted physically. The company noted that the schedule remains subject to change due to exigencies and confirmed that no unpublished price-sensitive information will be shared during the conference.
Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015- Letter of Acceptance from East Coast Railway
Others (Uncategorized) · 20 Sept 2026, 12:42 am
RVNL Secures ₹404.88 Crore Railway Infrastructure Contract from East Coast Railway Rail Vikas Nigam Limited (RVNL) received a Letter of Acceptance (LOA) dated 18th Sep'26 from East Coast Railway for a domestic project valued at ₹404.88 crore (inclusive of GST). The contract entails the execution of roadbed, bridges, ballast supply, P-way linking, and electrification works between Khurda Road and Gangadharpur for the 3rd line on the Bhadrak-Vizianagaram section. The project is slated for execution over a period of 912 days and is free from promoter interest or related-party transactions.
Appointment of Statutory Auditor for F.Y. 2026-27
Change in Auditor · 09 Sept 2026, 11:38 pm
RVNL Appoints Gandhi Minocha & Co. as Statutory Auditor for FY27 Rail Vikas Nigam Limited (RVNL) announced that the Comptroller and Auditor General (CAG) of India has appointed M/s. Gandhi Minocha & Co., Chartered Accountants, as the company's Statutory Auditor under Section 139 of the Companies Act, 2013, for FY27. The appointment is effective from 8th Sep'26 for a term of one year. Established in 1975, the audit firm possesses extensive public sector experience, having previously served as statutory auditors for major PSUs including GAIL, PFC, BHEL, MTNL, BSNL, and NHPC.
Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015- Letter of Award from SJVN Thermal Private Limited (a wholly owned subsidiary of SJVN Limited)
Others (Uncategorized) · 05 Sept 2026, 1:25 am
RVNL Wins ₹903 Crore Railway Siding Order from SJVN Thermal Rail Vikas Nigam Limited (RVNL) has received a Letter of Award valued at ₹903.01 crore (including GST) from SJVN Thermal Private Limited, a wholly owned subsidiary of SJVN Limited. The domestic contract entails the construction of a permanent railway siding with an aerial connection track from the plant boundary to Chausa and Pawani Kamarpur at Buxar (Phase-III), Bihar, supporting the 1,320 MW Buxar Thermal Power Project. The project execution period is 36 months and is not a related-party transaction.
Rail Vikas Nigam Limited emerges as the Lowest Bidder (L1) from East Coast Railway- Normal course of business of the Company
Others (Uncategorized) · 03 Sept 2026, 9:38 pm
RVNL Emerges as L1 Bidder for Rs 404.88 Crore East Coast Railway Project On 3rd Sep'26, Rail Vikas Nigam Limited (RVNL) emerged as the lowest bidder (L1) for an East Coast Railway EPC contract valued at Rs 404.88 crore (including GST). The project spans 30 months and involves roadbed construction, major and minor bridges, track linking, and electrification works between Khurda Road and Gangadharpur. This infrastructure development supports the 3rd line expansion on the broader Bhadrak-Vizianagaram section. The domestic contract constitutes normal business operations with no related-party transactions, further bolstering RVNL’s railway infrastructure order book.
Intimation regarding Change in the Senior Management
Change in Management · 01 Sept 2026, 1:49 am
RVNL: Senior Management Change Due to Retirement Rail Vikas Nigam Ltd announced a change in its senior management. Shri Ajit Singh, Principal Executive Director/CC & BD, has been relieved from his services due to superannuation. He ceases to be part of the senior management team effective 01st Sep'26. The cessation date is recorded as 31st Aug'26. This intimation was filed in compliance with SEBI's Regulation 30.
Re-appointment of an Additional Director designated as Independent Director on the Board of Rail Vikas Nigam Limited
Change in Management · 27 Aug 2026, 11:14 pm
RVNL Re-Appoints Rakesh Bhalla as Independent Director Rail Vikas Nigam Limited has re-appointed Shri Rakesh Bhalla (DIN: 07020164) as an Additional and Independent Director. The re-appointment is effective from 25th Aug'26 for a term of three years, following a resolution passed by the Board on 27th Aug'26. This follows his initial appointment on 13th Aug'26 until the AGM on 25th Aug'26. Shri Bhalla is not related to any other director of the company. The appointment ensures continuity in board composition and governance oversight for the company.
Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015- Imposition of fine by NSE for the quarter ended 30th June, 2026
Others (Uncategorized) · 26 Aug 2026, 8:51 pm
RVNL Fined by NSE for Board Composition Non-Compliance The National Stock Exchange (NSE) imposed a fine of ₹9,66,420 (incl. GST) on RVNL for the quarter ended 30-Jun'26. The penalty, communicated via a letter dated 25-Aug'26, cites non-compliance with SEBI LODR Regulations 17(1), 18(1), & 19(1)(2) regarding Board and committee composition. RVNL states it has no role in director appointments, which are made by the Ministry of Railways. The company claims no financial impact and expects a waiver upon compliance, citing previous instances where exchanges waived similar fines.
Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015- Imposition of fine by BSE for the quarter ended 30th June, 2026
Others (Uncategorized) · 26 Aug 2026, 1:30 am
RVNL Fined by BSE for Board Composition Non-Compliance Rail Vikas Nigam Ltd. (RVNL) was fined ₹9,66,420 by BSE Ltd. for non-compliance with SEBI LODR Regulations 17(1), 18(1), & 19(1)(2) for the quarter ended 30th Jun, '26. The violation relates to the composition of its Board and committees. RVNL clarified on 20th Aug, '26 that director appointments are made by the Government of India via the Ministry of Railways, not the company. RVNL expects the fine to be waived upon achieving compliance and notes that previous fines have been waived. The company stated there is no financial impact.
Voting Results of 23rd Annual General Meeting of the Company held on 25.08.2026 along with the Scrutinizer''s Report
Annual General Meeting · 26 Aug 2026, 1:18 am
Proceeding of the Annual General Meeting held on 25.08.2026.
Annual General Meeting · 25 Aug 2026, 11:21 pm
Summary of Proceedings of 23rd Annual General Meeting of the Company held on 25th August, 2026
Annual General Meeting · 25 Aug 2026, 8:27 pm
Annual Report along with C&AG Comments for the Financial Year 2025-26
Others (Uncategorized) · 22 Aug 2026, 12:24 am
Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015- Letter of Acceptance from East Coast Railway
Others (Uncategorized) · 20 Aug 2026, 6:56 pm
RVNL Wins ₹161 Crore Order From East Coast Railway Rail Vikas Nigam Ltd. (RVNL) has secured a Letter of Acceptance from East Coast Railway worth ₹161.02 crore. The order, announced on 20 Aug '26, involves providing Multi-Section Digital Axle Counters (MSDAC) to enhance reliability in the ABS section of the KUR division. This domestic contract is classified under the company's normal course of business and is slated for completion within 18 months. The order does not involve promoter group interest or related party transactions.
Transcript of Conference Call with Investors
Transcript · 18 Aug 2026, 7:54 pm