Rail Vikas Nigam Limited has informed the Exchange regarding Appointment of Mr. Chandan Kumar Verma, IRAS as Chief Financial Officer of the company w.e.f. July 02, 2025.
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Rail Vikas Nigam Limited (RVNL) has appointed Mr. Chandan Kumar Verma, an Indian Railway Accounts Service (IRAS) officer of the 2000 batch, as its new Chief Financial Officer with effect from July 2, 2025. He takes over from Mr. Sanjeeb Kumar, Director (Finance), who previously handled the CFO role. Mr. Verma has been internally promoted — he was serving as Executive Director (Finance) at RVNL and as CFO of HSRC Infra Services Limited, RVNL's wholly owned subsidiary. He brings experience in financial management, budgeting, taxation, and regulatory compliance, and is not related to any other director on the board.
This is a routine internal top management transition and is unlikely to materially affect the stock price. The change brings continuity in finance leadership, as the new CFO is already familiar with RVNL's operations through his prior roles within the company.