Rail Vikas Nigam Limited has submitted its mandatory quarterly compliance certificate to stock exchanges, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The certificate covers the company's dematerialization activities for the quarter ended March 31, 2026.

Regulatory Compliance Filing

The company filed the certificate under Regulation 74(5) of SEBI regulations on April 8, 2026, addressing both National Stock Exchange of India Limited and BSE Limited. Company Secretary and Compliance Officer Kalpana Dubey signed the submission, ensuring adherence to mandatory quarterly reporting requirements.

Registrar Confirmation

Alankit Assignments Limited, serving as the company's Registrar and Share Transfer Agent, provided the underlying certificate dated April 3, 2026. The registrar confirmed that securities received from depository participants for dematerialization during Q4 FY26 were properly processed and confirmed to depositories.

General Manager Kamal Garg signed the registrar's certificate, validating the dematerialization process. The certificate confirms that all securities comprised in the certificates have been listed on stock exchanges where the company's earlier issued securities are traded.

Dematerialization Process Compliance

The registrar's certificate establishes several key compliance points for the quarter:

• Securities received from depository participants were confirmed to depositories
• All securities in the certificates have been listed on appropriate stock exchanges
• Certificates underwent proper verification, mutilation, and cancellation procedures
• Depository names were substituted as registered owners in company records

Stock Exchange Notification

The filing was simultaneously submitted to both major Indian stock exchanges where Rail Vikas Nigam Limited shares are traded. The National Stock Exchange received the certificate for scrip RVNL, while BSE Limited received it for scrip 542649.

This quarterly certificate represents standard regulatory compliance for listed companies, ensuring transparency in dematerialization activities and maintaining investor confidence in the securities handling process. The timely submission demonstrates the company's commitment to regulatory adherence and proper corporate governance practices.

Rail Vikas Nigam Limited has announced the receipt of a Letter of Award (LOA) from South Central Railway for a major railway electrification project. The contract, disclosed under Regulation 30 of SEBI (LODR) Regulations, 2015, involves comprehensive overhead equipment (OHE) upgradation work worth ₹242.50 crore.

Project Details and Scope

The awarded contract encompasses the design, supply, erection, testing and commissioning for OHE upgradation of existing 1X25kV system to 2X25kV AT Feeding System with feeder and earthing works. The project covers the Ongole (OGL) to Gudur (GDR) section of Vijayawada Division under South Central Railway.

Contract Specifications

The project involves upgrading the existing single-phase 25kV electrification system to a more advanced 2X25kV Auto Transformer (AT) feeding system. This technological enhancement will improve power supply efficiency and reliability for railway operations in the specified section. The work includes comprehensive feeder and earthing installations to support the upgraded electrical infrastructure.

Business Impact and Compliance

Rail Vikas Nigam Limited has confirmed that this contract falls within the normal course of business operations. The company has disclosed that there are no related party transactions involved, and neither the promoter group nor group companies have any interest in the awarding entity.

Strategic Significance

This substantial contract reinforces Rail Vikas Nigam Limited's position as a key player in India's railway infrastructure development. The OHE upgradation project represents the company's continued involvement in modernizing India's railway electrification network, contributing to enhanced operational efficiency and capacity expansion of the railway system.