RVNLNSERail Vikas Nigam LimitedLowNeutral
Announced Wed, 6 Aug · 22:53 IST

Rail Vikas Nigam Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 28, 2025

Board & Shareholder Meetings View source PDF

RVNL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Rail Vikas Nigam Limited (RVNL) has issued the notice for its 22nd AGM scheduled for Thursday, August 28, 2025 at 11:30 AM IST, to be held via Video Conferencing/Other Audio-Visual Means. Key items on the agenda include adoption of audited financial statements for FY2024-25, declaration of a final dividend of Rs. 1.72 per equity share, and re-appointment of two retiring directors — Mr. Pradeep Gaur (CMD) and Mr. N.C. Karmali (Part-time Official Director). The notice also seeks shareholder approval for appointing four new directors (Operations, Projects, Finance, and a Government Nominee), one Independent Director (Mr. Surendra Singh), M/s. Sinha & Srivastava LLP as Secretarial Auditor for 5 years, and ratification of the Cost Auditor's remuneration of Rs. 75,000 for FY2025-26. The record date for dividend eligibility is August 21, 2025, with remote e-voting open from August 25 to August 27, 2025. Total statutory audit fees paid for FY ending March 31, 2025 amounted to Rs. 0.80 crores.

Likely market impact

Shareholders holding RVNL shares as of the August 21, 2025 record date will be eligible for the Rs. 1.72 per share final dividend if approved. The AGM is largely procedural, focused on routine director appointments and auditor ratifications, with no major strategic or capital-related decisions on the table — limited direct impact on stock price is expected.