Rail Vikas Nigam has accepted the resignation of Vegi Ramu Naidu, Executive Director (Civil), marking a change in its senior management structure due to his superannuation. The company informed stock exchanges that Naidu was relieved from its services on July 31, 2026, and consequently ceases to be part of the senior management effective August 1, 2026. This transition ensures continuity in leadership while adhering to statutory retirement norms for government enterprise executives.

The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Rail Vikas Nigam submitted the intimation to both the National Stock Exchange of India Ltd. and BSE Ltd. on July 31, 2026. The filing included a declaration as per SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Key Details of Management Change

The resignation was formally processed by Kalpana Dubey, Company Secretary and Compliance Officer, who digitally signed the disclosure. The company’s CIN is L74999DL2003GOI118633, identifying it as a Government of India Enterprise. No new appointment was announced in this filing, indicating that the position may remain vacant or be filled through subsequent processes not detailed in this specific disclosure.

Regulatory Compliance

Rail Vikas Nigam adhered to mandatory listing obligations by promptly notifying the exchanges of the change in senior personnel. The submission included Annexure A, which detailed the cessation date and reason for the change. This transparency aligns with SEBI’s requirements for timely disclosure of material events affecting corporate governance structures.

The departure of an Executive Director in the civil engineering vertical may impact ongoing infrastructure projects managed by Rail Vikas Nigam. However, the company did not disclose any immediate operational disruptions or interim arrangements in this filing. Investors are advised to monitor future announcements for details on succession planning or temporary assignments within the executive team.

Rail Vikas Nigam Limited has intimated the stock exchanges of a change in its Senior Management, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shri Manish Agarwal, who served as Principal Executive Director (Mechanical) at the company's Corporate Office in New Delhi, has been relieved from the services of the company on 30 July 2026 (A/N) due to repatriation to his parent cadre. He accordingly ceases to be part of the Senior Management of Rail Vikas Nigam Limited with effect from 30 July 2026.

Senior Management Change Details

The following table summarises the key details of the change in Senior Management as disclosed by the company:

Repatriation and New Assignment

The repatriation was initiated pursuant to Railway Board Office Order No. E(O)III-2026/PM/77 dated 27 July 2026, which conveyed the approval of the President for the appointment of Shri Manish Agarwal as General Manager, Integral Coach Factory (ICF), Chennai. Prior to his deputation at Rail Vikas Nigam, he had served as Divisional Railway Manager (DRM), Tiruchchirappalli, Southern Railway.

In accordance with the Railway Board's order, Rail Vikas Nigam's internal office order dated 28 July 2026 directed that Shri Manish Agarwal be relieved on 30 July 2026 (A/N), following completion of the handover of charge, full and final settlement of all dues, and return of all company assets, records, and documents in his possession. Upon relief, he is required to report to the General Manager, Integral Coach Factory (ICF), Chennai, to assume charge of his new assignment.

Compliance and Disclosure

The intimation was submitted by Kalpana Dubey, Company Secretary and Compliance Officer of Rail Vikas Nigam Limited, on 30 July 2026. The disclosure was made in compliance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30 January 2026. Supporting documents, including the declaration (Annexure A) and the office order (Annexure B), were enclosed with the regulatory filing.