Rail Vikas Nigam Limited has scheduled its 23rd Annual General Meeting (AGM) for Tuesday, August 25, 2026, at 11:00 AM IST. The meeting will be conducted through Video Conferencing or Other Audio-Visual Means, with World Trade Center, Tower-A, New Delhi, serving as the deemed venue. This procedural update establishes the timeline for shareholders to approve the annual report and consider the declaration of a final dividend.

The stakes for investors center on the dividend entitlement and voting rights. Shareholders must hold shares as of the record date to be eligible for any dividend declared during the AGM. The company has fixed the record date for the final dividend at Tuesday, August 18, 2026. Consequently, the transfer books will remain closed from Wednesday, August 19, 2026, to Tuesday, August 25, 2026, inclusive, preventing share transfers during this window.

Compliance with the SEBI (LODR) Regulations, 2015, governs these proceedings. The Board of Directors approved these dates to ensure adequate notice for shareholder participation. If a dividend is declared at the AGM, payment will be made within 30 days from the conclusion of the meeting. These timelines are critical for institutional and retail investors managing their portfolios and cash flow expectations.

Remote e-voting will commence on Saturday, August 22, 2026, at 09:00 AM IST and end on Monday, August 24, 2026, at 05:00 PM IST. This three-day window allows shareholders who cannot attend the virtual meeting to cast their votes on the resolutions. The cut-off date for e-voting eligibility aligns with the record date of August 18, 2026.

Key Dates and Details

The Annual Report along with the Notice of the AGM will be sent separately to shareholders. Kalpana Dubey, Company Secretary and Compliance Officer, issued the intimation on July 28, 2026. The company has copied NSDL, CDSL, and M/s Alankit Assignments Limited (RTA) on the communication.

Rail Vikas Nigam has emerged as the lowest bidder (L1) for a project valued at ₹358.97 crore from East Central Railway. The Engineering, Procurement and Construction (EPC) contract encompasses doubling work along the Sitamarhi-Raxaul section in the Samastipur Division, strengthening the company's infrastructure portfolio.

Project Scope and Execution

The project involves construction activities over a stretch of 41.04 km, extending from Kundawa Chainpur (excl.) to Raxaul (excl.). The scope includes earth work, blanketing, minor and major bridges, station buildings, platform work, level crossing (LC) work, and other miscellaneous works designed for 25T Indian Railway Standard Loading.

Contract Details

The key parameters of the order are summarised below:

The order, awarded by a domestic entity, falls within the normal course of business for the company. There are no related party transactions involved in the award.