Rail Vikas Nigam Limited has announced a key leadership appointment with Shri Amit Tandon assuming the role of Director (Projects) effective January 2, 2026. The appointment was formally approved by the Ministry of Railways and represents a strategic addition to the company's executive team.

Appointment Details and Terms

The Ministry of Railways issued the appointment order on January 2, 2026, with Tandon assuming charge immediately. The appointment terms and key details are outlined below:

Professional Background and Expertise

Shri Amit Tandon brings extensive experience in railway and metro infrastructure development to his new role. He is a civil engineer who graduated with a Bachelor of Engineering in Civil Engineering from Delhi College of Engineering in 1991. As an officer of the 1995 batch of the Indian Railway Service of Engineers (IRSE), he has accumulated over 25 years of specialized experience in the sector.

Currently serving as Principal Executive Director at RVNL in Kolkata, Tandon has been overseeing critical infrastructure projects including:

• Metro systems development
• Highway bridges construction, including the Kona Expressway
• Railway track works and related infrastructure

Regulatory Compliance and Disclosures

In compliance with SEBI regulations, the company has made several important disclosures regarding the new appointment:

Updated Board Composition

With Tandon's appointment, Rail Vikas Nigam Limited's board now comprises eight directors across various functional areas. The updated leadership structure includes executive directors overseeing projects, operations, personnel, and finance, along with government nominee directors and an independent director. This appointment strengthens the company's project management capabilities under experienced railway infrastructure leadership.

The appointment reflects the company's commitment to maintaining strong project execution capabilities while ensuring compliance with all regulatory requirements and corporate governance standards.

Rail Vikas Nigam Limited (RVNL) shares will be in the spotlight following the company's emergence as the Lowest Bidder (L1) for a significant infrastructure contract worth ₹201.23 crores from East Coast Railway. The state-owned company's successful bidding for establishing a wagon periodical overhaul (POH) workshop demonstrates its competitive positioning in the railway infrastructure sector.

Project Specifications

The contract involves setting up a comprehensive wagon maintenance facility at Kantabanji with substantial operational capacity. According to the regulatory filing, RVNL has been named the sole bidder for this contract, reinforcing its strong position in executing critical infrastructure projects in the railway sector.

Stock Performance Analysis

Despite the positive project development, RVNL shares have faced headwinds over the past year. The stock performance reflects mixed trends across different timeframes.

Recent Contract Portfolio

This latest contract adds to RVNL's expanding project portfolio. Earlier, the company received a letter of acceptance from Southern Railway for a traction power project worth ₹145.35 crores, covering design, supply, erection, testing and commissioning of Scott-connected traction substations and related systems.

Strategic Impact

The wagon workshop project aligns with Indian Railways' infrastructure modernization initiatives and supports freight capacity enhancement targets. The contract adds to RVNL's robust and growing order book, with the project involving establishing a Periodic Overhauling workshop for wagons with 200-unit capacity. The company's success in securing this project through competitive bidding reflects its operational efficiency and technical expertise in railway infrastructure development.