Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015- Receipt of Letter of Acceptance (LOA) from East Coast Railway

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

-2.4%Reaction day

₹341.70

prior close

₹344.00

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)-0.9%-1.5% vs market

Civil Construction peers, median of 95sector-1.8%-0.6% vs sector

On the reaction day the stock moved 1.5 pts less than Nifty Midcap 150 and 0.6 pts less 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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10m

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

-2.4-0.9-1.5-1.8-0.6

Next day

-2.3-1.0-1.2-3.1+0.9

-3.6-1.2-2.4-3.5-0.1

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-2.0-0.9-1.1-3.5+1.4

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15d

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-20.1-5.5-14.7-11.6-8.6

UpDownMarket · Nifty Midcap 150Sector · Civil Construction peers, median of 95Pending

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

AI summary

Rail Vikas Nigam Limited has received a Letter of Acceptance from East Coast Railway for setting up a Wagon POH (Periodic Overhaul) Workshop with a capacity of 200 wagons at Kantabanji. The project cost is approximately Rs. 201.23 crores (excluding GST), and RVNL was the sole bidder. The work must be completed within 18 months. The order is domestic and not a related party transaction, with no promoter group interest in the awarding entity. East Coast Railway is part of Indian Railways, a Government of India undertaking.

Likely market impact

This is a modest new order win that adds to RVNL's order book in its core railway infrastructure business. The Rs. 201 crore contract over 18 months is incremental and positive, but not large enough on its own to materially move the stock. It reinforces RVNL's role as a key execution arm for Indian Railways projects.