Rail Vikas Nigam has accepted the resignation of Ajit Singh as Principal Executive Director for Corporate Communications and Business Development.

The change in senior management is effective from September 1, 2026, following Singh's superannuation on August 31, 2026.

Management Change Details

The company disclosed the departure in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Singh ceases to be part of the senior management team upon his retirement.

The filing includes a declaration as per SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Rail Vikas Nigam has re-appointed Rakesh Bhalla as an additional director designated as an independent director on its Board. The appointment is effective from August 25, 2026, for a term of three years.

The Board of Directors approved the re-appointment through a resolution by circulation passed on August 27, 2026. This action follows Bhalla’s initial appointment as an additional director designated as an independent director, which took effect on August 13, 2026, and was valid until the date of the company’s next Annual General Meeting on August 25, 2026.

Regulatory Compliance

The disclosure is made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time. The filing also references other applicable regulations under the Companies Act, 2013.

The company enclosed a declaration in accordance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2//3762/2026 dated January 30, 2026. This document confirms that Shri Rakesh Bhalla (DIN: 07020164) is not related to any other director of the company.

Appointment Details

Kalpana Dubey, Company Secretary and Compliance Officer of Rail Vikas Nigam Limited, signed the communication on behalf of the company.