Intimation regarding Change in Management- Appointment
Awaiting price reaction for this filing.
Rail Vikas Nigam Limited (RVNL), a Government of India undertaking, has appointed Mr. Ravindra Kumar as Executive Director (HR) effective June 20, 2025. He previously served as Executive Director, Establishment (N) at the Railway Board, from where he took voluntary retirement to join RVNL. He will be on a 2-year probation period at the E-9 grade under the CPSE IDA pay scale of ₹1,50,000–₹3,00,000, posted at the Corporate Office in New Delhi. The appointment was made based on his selection under Advertisement No. 32/2024, following a medical fitness clearance. This is a routine senior management appointment and does not affect the Board of Directors.
This is an internal senior management change with no material impact on shareholders or the stock. The appointment strengthens RVNL's HR leadership but is largely administrative in nature.