Rail Vikas Nigam has promoted BRSLN Murty to the role of Executive Director (Civil), Nagpur, effective July 29, 2026. The appointment marks a key leadership change for the government-owned railway infrastructure developer, strengthening its senior management team with an executive possessing over 38 years of experience in Indian Railways and Rail Vikas Nigam Limited. This internal promotion follows a selection process conducted by the Departmental Promotion Committee (DPC) on July 16, 2026, ensuring continuity in project execution for critical infrastructure initiatives.

The promotion was formalized through Office Order No. 350/2026, issued on July 29, 2026. Under the order, Murty is empanelled to the post of Executive Director (Civil) in E-9 Grade of CPSE. He is placed in the IDA Pay Scale of ₹1,50,000-3,00,000 (Revised). The company notified the National Stock Exchange of India Ltd. and BSE Ltd. pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. A declaration as per SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, was also enclosed with the intimation.

Murty brings extensive technical and managerial expertise to the role. He holds an M. Tech from NIT Warangal and a Post Graduate Diploma in Management (Finance). His career began in the Indian Railways, where he was promoted to Group 'B' before being selected to Group 'A' through the UPSC Combined Engineering Services Examination in 2002, securing All India Rank-1 in Civil Engineering. Prior to this appointment, he served as Chief Project Manager, RVNL, Nagpur.

In his new capacity, Murty will continue to function as the Executive Director/Civil In-charge of the Yavatmal-Nanded New Line Project at Nagpur. He remains under the administrative control of PED/NC. The office order specifies that he must exercise the option for fixation of pay on promotion within one month from the date of issue. The options are either from the date of assumption of charge or from the date of accrual of the next increment in the substantive grade. Failure to exercise this option within the stipulated period results in pay being fixed from the date of assumption of charge.

Appointment Details

Leadership Profile

BRSLN Murty’s career spans multiple railway zones including SECR, ECoR, SCR, and CRly. He is recognized for leading several major railway infrastructure projects. His background includes planning, design, execution, and management of railway infrastructure. The Departmental Promotion Committee found him suitable for the promotion after verifying his prescribed qualifying service in the feeder grade. The Competent Authority provided final approval for the empanelment.

What the Numbers Show

The appointment reflects Rail Vikas Nigam’s strategy to promote from within, leveraging deep institutional knowledge for complex infrastructure projects. By retaining Murty in charge of the Yavatmal-Nanded New Line Project while elevating his seniority, the company ensures operational stability during a period of significant railway expansion. The move aligns with standard public sector enterprise practices where technical expertise and long-term service are rewarded with higher administrative responsibility.

Rail Vikas Nigam Limited has decided to close its wholly owned subsidiary, RVNL Infra South Africa, marking a strategic shift in its international operations. The Board of Directors approved this decision during a meeting held on July 25, 2026, alongside key administrative appointments for internal and cost auditing functions for the upcoming financial year.

The Board Meeting commenced at 11:00 A.M. and concluded at 12:20 P.M. In accordance with Regulation 30 of the SEBI (LODR) Regulations, 2015, the company disclosed the outcomes to the National Stock Exchange of India Ltd. and BSE Ltd. The disclosures were made pursuant to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Subsidiary Closure

The primary operational decision taken by the Board was the closure of RVNL Infra South Africa. This entity is a wholly owned subsidiary of Rail Vikas Nigam Limited. The filing does not specify the financial impact or the timeline for the winding-up process, but the approval signifies the formal initiation of the closure procedure in South Africa.

Auditor Appointments and Extensions

The Board also addressed critical compliance roles for the company’s audit framework:

• Internal Auditor Extension: The contract of M/s. Ravi Rajan & Co. LLP, Chartered Accountants, as Internal Auditor was extended for another period of six months. This extension covers the period up to September 30, 2026.
• Cost Auditor Appointment: M/s. R.M. Bansal & Co., Cost Accountants, was appointed as the Cost Auditor of the Company for the financial year 2026-27 (FY2026-27). The appointment was effective from July 25, 2026.

Profile of Appointed Cost Auditor

M/s. R.M. Bansal & Co. brings significant experience to the role. The firm has twelve partners and maintains professional offices across twelve major Indian cities, including Kanpur, Lucknow, New Delhi, Mumbai, Bangalore, Chennai, Kolkata, Hyderabad, Thiruvananthapuram, Bhubaneswar, Dehradun, and Bilaspur.

The firm possesses 50 years of total experience, comprising 34 years as a practicing firm of Cost Accountants since July 12, 1990, and 17 years of individual practice from 1974 to 1990. They have previously conducted cost audits for various Maharatna and Miniratna public sector undertakings under Central and State Government companies. No relationships between the directors and the appointed auditor were disclosed.

Strategic Implications

The closure of the South African subsidiary suggests a consolidation of Rail Vikas Nigam Limited’s global footprint or a reassessment of its overseas project pipeline. While the filing provides no explicit reason for the closure, such decisions are often driven by regulatory changes, project completion, or strategic realignment. Simultaneously, the timely appointment of auditors ensures compliance with statutory requirements for FY2026-27, maintaining governance continuity as the company navigates these structural changes.