Intimation regarding Change in Senior Management- Appointment
Awaiting price reaction for this filing.
Rail Vikas Nigam Limited (RVNL) has appointed Ms. Neeti Sarkar, an IRAS (Indian Railways Accounts Service) officer at HAG level, as Executive Director/Finance of the company on deputation, effective June 18, 2025. Her tenure runs up to July 31, 2029 (her date of superannuation) or until further orders, subject to government approval for exemption from the rule of immediate absorption. Prior to this role, she served as PFA/C/NWR in Jaipur and was relieved on June 16, 2025. As ED/Finance, she will be part of RVNL's Senior Management Personnel.
This is a routine senior management appointment on government deputation, which brings experienced railway accounts expertise to RVNL's finance leadership. For shareholders, this is unlikely to materially impact the stock price as it is a planned administrative transition typical of government-owned companies.