Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015- Receipt of Letter of Award (LOA) from National Mineral Development Corporation (NMDC) Limited

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RVNL · price

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Price reactionminutes from the announcement price · days from the prior close

+0.7%Reaction day

₹315.70

prior close

₹317.05

announcement price

In-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+0.6%+0.1% vs market

Civil Construction peers, median of 93sector+0.0%+0.7% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty Midcap 150 and 0.7 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Reaction day

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Next day

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UpDownMarket · Nifty Midcap 150Sector · Civil Construction peers, median of 93Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Rail Vikas Nigam Limited (RVNL) has received a Letter of Award from NMDC Limited, a fellow government PSU, for the construction of Residential Towers and a Shopping Complex in Bacheli, Chhattisgarh. The project is valued at Rs. 644.84 crore inclusive of all taxes and is to be executed over 34 months. The contract is a domestic general construction order with no related party interest. The work falls within RVNL's normal course of business.

Likely market impact

This is a new order win worth nearly Rs. 645 crore for RVNL, which adds to its order book and provides revenue visibility over the next 34 months. While positive for business momentum, this is a civil construction project outside RVNL's core railway infrastructure focus, so the stock impact is likely to be modest.