Rail Vikas Nigam Limited has announced the appointment of Shri B.K. Jain as Part-Time Official Director on its Board of Directors, effective January 28, 2026. The appointment was communicated to stock exchanges on January 28, 2026, following the company's earlier announcement on January 22, 2026 regarding the appointment of a Part-Time Official Director position.

Board Appointment Details

The Board of Directors of RVNL approved the appointment of Shri B.K. Jain (DIN: 11508692) as Part-Time Official Director in accordance with applicable provisions of the Companies Act, 2013. The appointment became effective from January 28, 2026, coinciding with the date of allotment of his Director Identification Number.

Professional Background

Shri B.K. Jain is an Indian Railway Service of Engineers (IRSE) officer from the 1992 batch, bringing over three decades of distinguished service in Indian Railways to his new role. He holds a Bachelor's degree in Civil Engineering from IIT Roorkee and an M.Tech from IIT Delhi, complemented by professional training from IRICEN, Pune and international programs in Singapore and Malaysia.

His expertise encompasses several critical areas of railway operations:

• New line construction, doubling and gauge conversion projects
• Permanent way, bridges and buildings
• Railway land and estate management
• Tendering, contracts and arbitration
• Safety management and disaster preparedness
• Coordination with State Governments, PSUs, and other Ministries

Regulatory Compliance

In compliance with SEBI Circular No. LIST/COMP/14/2018-19 dated June 20, 2018, RVNL confirmed that Shri B.K. Jain has not been debarred from holding the office of director by virtue of any SEBI order or any other authority. The company has provided all required details under Regulation 30 of the SEBI Listing Regulations.

Updated Board Composition

Following Shri B.K. Jain's appointment, RVNL's Board of Directors now comprises eight members:

The appointment strengthens RVNL's board with additional railway sector expertise and government representation, supporting the company's ongoing railway infrastructure development initiatives.

Rail Vikas Nigam Limited has secured a major railway electrification contract worth ₹242,49,86,547.22 from South Central Railway. The company announced on January 27, 2026, that it has emerged as the lowest bidder (L1) for the overhead equipment (OHE) upgradation project in the Vijayawada Division.

Project Specifications

The contract encompasses comprehensive electrification work involving the upgradation of existing 1X25kV system to 2X25kV AT Feeding System. The project scope includes design, supply, erection, testing and commissioning activities along with feeder and earthing works in the Ongole (OGL) to Gudur (GDR) section.

Technical Scope

The project involves sophisticated railway electrification technology, upgrading the power supply system from single-phase 25kV to a more advanced 2X25kV Auto Transformer (AT) feeding system. This upgrade will enhance power transmission efficiency and reliability along the designated railway corridor.

The work covers the Ongole (inclusive) to Gudur (inclusive) section under the Vijayawada Division of South Central Railway, spanning a significant distance of 154 route kilometers and 462 track kilometers.

Contract Terms

The agreement follows general contract conditions and represents a domestic contract with a domestic entity. The company confirmed that this project falls within the normal course of business operations and does not involve any related party transactions.

Execution Framework

Rail Vikas Nigam Limited has been allocated 24 months to complete the entire project, which includes all phases from design to commissioning. The comprehensive nature of the contract demonstrates the company's capabilities in handling complex railway electrification projects involving advanced power supply systems.

The successful bidding reinforces the company's position in the railway infrastructure development sector and adds substantial value to its order book with this significant contract from South Central Railway.