RailTel Appoints New Chief Vigilance Officer and Faces Regulatory Fines
RailTel Corporation of India Ltd has appointed Ms. Sarika Aggarwal Synrem as its new Chief Vigilance Officer for a three-year term starting November 21, 2025. Synrem, a 2001-batch Indian Defence Accounts Service officer, brings over two decades of experience in defence finance and governance. Simultaneously, RailTel faces fines of Rs. 10,85,600 from NSE and BSE for non-compliance with board composition requirements for the quarter ended September 30, 2025. The company attributes this to government control over director appointments.

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RailTel Corporation of India Ltd (RailTel) has announced significant changes in its senior management and faced regulatory action, as revealed in recent corporate filings.
New Chief Vigilance Officer Appointment
RailTel has appointed Ms. Sarika Aggarwal Synrem as its new Chief Vigilance Officer (CVO) for an initial period of three years. Key details of the appointment include:
- Effective Date: November 21, 2025
- Term: Initial period of 3 years from the date of assuming charge
- Experience: Over two decades in defence finance and governance
Ms. Aggarwal Synrem brings a wealth of experience to her new role. She is a 2001-batch Indian Defence Accounts Service officer with a diverse background in areas such as defence finance, governance, capacity building, program evaluation, and revenue administration.
Professional Background
Ms. Aggarwal Synrem's career highlights include:
- Integrated Financial Adviser in the Indian Army and Air Force
- Joint CGDA (Pensions Audit)
- Commissioner Secretary in multiple Meghalaya departments
- Director, Meghalaya Administrative Training Institute
Her contributions have led to significant reforms, including OROP-2 implementation, GST-related policy recommendations, social audit rules, and strengthening of the dairy sector.
Regulatory Non-Compliance and Fines
In a separate development, RailTel has faced regulatory action:
| Aspect | Details |
|---|---|
| Imposed by | National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) |
| Fine Amount | Rs. 5,42,800 each (Total: Rs. 10,85,600) |
| Reason | Non-compliance with board composition requirements |
| Period | Quarter ended September 30, 2025 |
RailTel has attributed this non-compliance to the government's control over director appointments, highlighting the challenges faced by public sector enterprises in meeting certain regulatory requirements.
This situation underscores the complex regulatory environment that public sector companies like RailTel operate in, balancing government control with stock market regulations.
The appointment of Ms. Aggarwal Synrem as CVO, coupled with the regulatory fines, reflects both internal changes and external challenges for RailTel. As the company navigates these developments, stakeholders will be keenly watching how these factors may impact its governance and compliance strategies going forward.
Historical Stock Returns for Railtel Corporation of India
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.22% | -3.25% | -10.20% | -16.77% | -20.23% | +173.63% |















































