RVNL wins ₹164.18 cr East Coast Railway contract

Rail Vikas Nigam Limited has emerged as the lowest bidder (L1) for a significant contract from East Coast Railway. The company secured the order for the provision of Multi-System Data Acquisition cum Analysis Centre (MSDAC) aimed at increasing reliability in the Automatic Block Signalling (ABS) section. The project falls under the normal course of business for the organization.

The contract encompasses work across specific stations in the KUR division, including RJGR, JRZ, SSPR, DNKL, HND, and TLHD. The scope includes alterations in existing electronic interlockings (EIs) provided by various manufacturers such as HITACHI Rail STS India Pvt. Ltd., MEDHA Servo Drives, and Siemens Rail Automation (P) Ltd.

Contract Details

The agreement was awarded by a domestic entity, East Coast Railway. The execution period for the project is set at 18 months from the date of award. The financial consideration for the contract is detailed below.

Particulars	Details
Entity awarding the order	East Coast Railway
Nature of order	Provision of MSDAC to increase reliability in ABS section
Time period for execution	18 Months
Broad consideration	INR 164,18,63,783.67

The company confirmed that the promoter, promoter group, or group companies do not hold any interest in the entity that awarded the contract. Furthermore, the order does not fall within related party transactions. The disclosure was made to the stock exchanges on May 20, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.66%	+4.81%	-13.38%	-20.77%	-40.14%	+656.60%

Rail Vikas Nigam Limited has rescheduled its upcoming Board of Directors meeting to Monday, May 25, 2026. The meeting was originally scheduled for Thursday, May 21, 2026, as per the earlier intimation dated May 8, 2026. The revised notice, bearing reference RVNL/SECY/STEX/2026, was issued on May 14, 2026, and signed by Company Secretary and Compliance Officer Kalpana Dubey.

Board Meeting Agenda

The board meeting has been convened to address two key items. The following table summarises the agenda as disclosed in the regulatory filing:

Agenda Item:	Details
Financial Results:	Consider and approve Audited Financial Results (Standalone & Consolidated) for the quarter and year ended March 31, 2026, post review by the Audit Committee
Dividend Recommendation:	Recommend Final Dividend, if any, for the FY 2025-26, subject to shareholder approval at the Annual General Meeting (AGM)

The audited results will cover both standalone and consolidated financials, and will be placed before the board only after the Audit Committee has completed its review.

Trading Window Closure

In line with the RVNL Code of Conduct for Regulating and Reporting Trading by Designated Persons and their Immediate Relatives, the company has enforced a trading window closure period. Due to the rescheduling of the board meeting, the end date for the trading window closure has been extended. Key details of the closure are outlined below:

Parameter:	Details
Trading Window Closure Start:	Wednesday, April 1, 2026
Trading Window Closure End:	Wednesday, May 27, 2026 (both days inclusive)
Reason for End Date:	48 hours after declaration of financial results
Prior Intimation Notice Date:	March 25, 2026

During this period, all designated insiders have been advised to refrain from dealing in the company's shares. The initial intimation regarding the trading window closure was communicated to the exchanges vide the company's notice dated March 25, 2026.

Regulatory Compliance

The board meeting intimation has been filed with both the National Stock Exchange of India Ltd. and BSE Ltd., fulfilling the company's disclosure obligations under the applicable listing regulations. Rail Vikas Nigam Limited is a Government of India Enterprise, incorporated under CIN: L74999DL2003GOI118633.