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Rail Vikas Nigam Ltd was Incorporated in 2003 by the Govt. of India, it is engaged in the business of implementing various types of Rail infrastructure projects assigned by MoR including doubling, gauge conversion, new lines, railway electrification, major bridges, workshops, Production Units and sharing of freight revenue with Railways as per the concession agreement entered into with Ministry of Railway.
RVNL emerged as the lowest bidder for an East Coast Railway project to execute roadbed, bridges, and electrification for a 3rd line. The contract is valued at Rs. 404.88 Cr, to be completed in 30 months.
RVNL released its FY2025-26 Business Responsibility & Sustainability Report. Turnover was Rs. 20,012.26 Cr, Net Worth Rs. 8,862.82 Cr. Company significantly boosted human rights and skill training for employees, maintained zero injuries, and advanced green infrastructure projects including rooftop solar. Focus on sustainable operations is clear.
RVNL announced its 23rd AGM for August 25. The record date for the final dividend is August 18. If declared, the dividend will be paid within 30 days. Book closure is scheduled from August 19 to August 25.
RVNL incurred fines from exchanges for Board composition non-compliance. Its Board noted it is consistently requesting the Ministry of Railways to appoint Independent Directors, emphasizing that as a government company, it has no role in director appointments.
RVNL secured the lowest bid (L1) for a 41.04 km doubling project from East Central Railway. This significant EPC contract is valued at INR 358.97 Cr, boosting its order book with infrastructure development work.