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Rail Vikas Nigam Ltd. ( (IN:RVNL) ) has shared an announcement.
Rail Vikas Nigam Ltd. has announced that Sukhmal Chand Jain has ceased to be Chairman and Managing Director of the company with effect from 23 December 2025. On the same date, Saleem Ahmad, currently Director (Projects) at NBCC (India) Ltd., has assumed charge as RVNL’s new Chairman and Managing Director, with the company confirming that he is not debarred from holding directorship under any SEBI or similar order. The leadership transition, formally notified to the NSE and BSE under SEBI disclosure norms, signals a significant change at the helm of the railway infrastructure PSU and will be closely watched by investors and sector stakeholders for its implications on project execution and strategic direction.
More about Rail Vikas Nigam Ltd.
Rail Vikas Nigam Limited (RVNL) is a listed Indian public sector enterprise operating in the rail infrastructure development sector. The company is entrusted with implementing rail projects, typically on behalf of the Ministry of Railways, and plays a key role in expanding and modernising India’s railway network, making it a critical entity in the country’s transport and infrastructure build-out.
Average Trading Volume: 330,415
Technical Sentiment Signal: Buy
Current Market Cap: 665.3B INR
Learn more about RVNL stock on TipRanks’ Stock Analysis page.