rail vikas nigam submitted its Business Responsibility & Sustainability Report (BRSR) for the financial year ended March 31, 2026, revealing a substantial increase in environmental footprint metrics due to expanded operational infrastructure. The filing, made pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, indicates that total energy consumption rose to 64,647.26 Gigajoule (GJ) in FY26, up from 5,916.92 GJ in the prior year. This spike is primarily attributed to the operationalization of the company's new office premises, which significantly increased electricity demand. Consequently, Scope 2 greenhouse gas (GHG) emissions climbed to 12,583.26 metric tonnes of CO₂ equivalent, compared to 1,120.83 metric tonnes in FY25. The report was accompanied by a Reasonable Assurance Report from CNK and Associates LLP, which verified core key performance indicators while noting specific data limitations regarding waste and fuel coverage.

The assurance provider highlighted material exclusions in an Emphasis on Matter section, noting that waste generation data covered only the corporate office and four specific locations (West Bengal, Patna, Chandigarh, and Rishikesh), potentially understating the total waste footprint. Similarly, fuel consumption data for Scope 1 emissions was limited to select locations, meaning reported figures may not represent the complete operational reality. Despite these gaps, CNK and Associates LLP confirmed that the identified sustainability information was prepared in all material respects in accordance with SEBI guidelines. The company reported zero fatalities and zero Lost Time Injury Frequency Rate (LTIFR) for employees during the period, maintaining its safety record.

Environmental and Operational Metrics

The BRSR details significant shifts in resource intensity metrics. Energy intensity per rupee of turnover increased to 3.23 GJ/₹ Crore from 0.30 GJ/₹ Crore in the previous year, reflecting the higher base of energy usage against revenue. Water withdrawal totaled 25,661.25 kilolitres, with third-party water accounting for the entire volume, as surface and groundwater withdrawals were reported at zero. Total water consumption stood at 14,256.25 kilolitres. Waste management practices showed a reduction in total reported waste to 33.04 metric tonnes, down sharply from 1,011.59 metric tonnes in FY25. The company attributes this variance to the exclusion of construction and demolition waste in the current reporting cycle, which had been included previously. Of the 33.04 metric tonnes generated, 32.80 metric tonnes were recycled, demonstrating a high recovery rate within the reported boundary.

Social Governance and CSR Initiatives

On the social front, Rail Vikas Nigam Limited reported a workforce of 964 employees, comprising 250 permanent and 714 non-permanent staff. The gender composition remains skewed towards male employees, with females constituting 6.85% of the total employee count. However, the company noted progress in training coverage, with 87.37% of employees other than Board and Key Managerial Personnel covered by awareness programs. Human rights training expanded significantly, covering 61.72% of employees in FY26, up from zero coverage in the prior year. The company also initiated ESG assessments of its value chain partners, evaluating 1.54% of partners by business value. The average ESG score among assessed partners was 55.61, indicating room for improvement in supply chain sustainability.

Corporate Social Responsibility (CSR) activities remained a focal point, with projects targeting aspirational districts in Jharkhand, Odisha, Uttarakhand, and Haryana. Key initiatives included healthcare infrastructure, skill development for tribal youth, and sanitation facilities. The company reported benefiting over 100,000 individuals through various projects, including toilet block constructions in Varanasi and drinking water facilities at the Maha Kumbh Mela. All reported CSR beneficiaries belonged to vulnerable and marginalized groups, aligning with the company’s inclusive growth objectives. The Board of Directors includes one female member, representing 20% of the board, while women constitute 28.57% of Key Managerial Personnel.

What the Numbers Show

The dramatic year-on-year increase in energy and emission metrics underscores the impact of physical expansion on Rail Vikas Nigam Limited’s environmental profile. While the absolute rise in Scope 2 emissions appears steep, it correlates directly with the shift to new corporate infrastructure rather than a degradation of operational efficiency per se. The divergence between the drop in reported waste and the rise in energy use highlights the importance of consistent reporting boundaries; the exclusion of construction and demolition waste in FY26 makes direct comparisons with FY25 misleading without adjustment. Investors should note that the current ESG data captures only a fraction of the supply chain, with less than 2% of partners assessed, suggesting that future reporting cycles may reveal broader environmental risks or opportunities as the assessment framework matures.

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.