Rail Vikas Nigam Limited has announced the superannuation of Mr. Shailesh Kumar Srivastav, Principal Executive Director, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company formally communicated this development to both the National Stock Exchange of India and BSE Limited on 30.04.2026.

Executive Superannuation Details

Mr. Shailesh Kumar Srivastav will superannuate from the services of the company on 30.04.2026. Following his superannuation, he will cease to be part of the senior management of the company with effect from 01.05.2026. The disclosure includes a declaration as per SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026, which has been provided as Annexure A to the formal communication.

Regulatory Compliance and Company Information

The announcement was made in compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015. Rail Vikas Nigam Limited operates as a Government of India Enterprise with the corporate identification number L74999DL2003GOI118633. The company's shares are traded on both major Indian stock exchanges under the scrip code RVNL on NSE and 542649 on BSE.

The formal communication was signed by Kalpana Dubey, Company Secretary & Compliance Officer, and dated 30.04.2026, indicating the company's adherence to timely disclosure requirements for senior management changes.

Rail Vikas Nigam Limited has received a Letter of Award from NMDC Limited for the construction of a residential campus for senior and board-level executives at Banjara Hills, Hyderabad (Phase-II). The disclosure was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The project has been awarded by NMDC Limited, a domestic entity, and is valued at INR 39.21 crores including GST at 18%. The work involves the construction of residential facilities under general contract conditions and is to be executed within a period of 15 months. The company stated that this project falls within the normal course of its business operations.

According to the disclosure, the promoters, promoter group, or group companies do not have any interest in the entity that awarded the contract. The order does not fall within related party transactions and is not conducted at arm's length. The company has enclosed the declaration as per SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30 January 2026 as Annexure A.

The registered office of Rail Vikas Nigam Limited is located at World Trade Center, Tower A, 6th to 9th Floor, Nauroji Nagar, New Delhi-110029. The company can be contacted at +91-11-26738299 or via email at info@rvnl.org . The corporate office is situated at the same address with additional contact details including fax at +91-11-26182957.

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