Intimation regarding Change in the Senior Management- Re-Designation
Awaiting price reaction for this filing.
Rail Vikas Nigam Limited (RVNL), a Government of India enterprise, has informed the stock exchanges that Smt. Neeti Sarkar, currently serving as Executive Director (Finance), has been re-designated as Principal Executive Director (Finance) with effect from 20 June 2025. The re-designation is provisional and does not change her existing basic pay or level, though she becomes eligible for the allowances and perks attached to the new post. There is no permanent absorption implied, and eligibility for permanent absorption will be determined under RVNL's Absorption Policy. The intimation was signed by Kalpana Dubey, Company Secretary & Compliance Officer.
This is a routine internal HR re-designation of a senior finance officer with no change in pay scale and no impact on company financials or operations. Shareholders are unlikely to see any material effect on the stock price from this announcement.