Rail Vikas Nigam Limited has informed the Exchange regarding 'Letter from Ministry of Railways (MoR) regarding the post of CMD, RVNL'.

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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

₹323.90

prior close

₹325.45

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)-0.0%-0.7% vs market

Civil Construction peers, median of 88sector-0.3%-0.4% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Midcap 150 and 0.4 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

-0.7-0.0-0.7-0.3-0.4

Next day

-2.9-1.5-1.5-2.2-0.8

-4.9-2.7-2.2-3.2-1.7

-6.5-3.2-3.2-3.4-3.1

-2.3-1.5-0.8-2.0-0.4

+2.2-1.3+3.6-2.0+4.2

+0.9-1.3+2.2-1.6+2.5

15d

+9.5+1.6+7.9-0.4+10.0

+7.0-0.3+7.3-2.2+9.2

+1.8+2.9-1.1-3.6+5.4

-0.3+3.3-3.5-8.9+8.6

UpDownMarket · Nifty Midcap 150Sector · Civil Construction peers, median of 88Pending

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

AI summary

Rail Vikas Nigam Limited (RVNL) has informed exchanges that the post of Chairman & Managing Director (CMD) will fall vacant on 1 September 2025 following the superannuation (retirement) of the current CMD, Shri Pradeep Gaur, on 31 August 2025. Pending approval from the Competent Authority, the Ministry of Railways has decided to give the additional charge of CMD, RVNL to Shri S.C. Jain, IRSE, who is currently serving as Additional Member/L&A at the Railway Board. Shri Jain will hold this additional charge in addition to his own duties, effective on or after 1 September 2025, until further orders. All required compliance under the Companies Act, 2013 and SEBI (LODR) Regulations will be completed after Shri Jain assumes charge.

Likely market impact

This is a routine leadership transition due to the scheduled retirement of the existing CMD. The appointment of an additional charge-holder from within the Railways ecosystem is a temporary arrangement, so the stock is unlikely to see a significant reaction. Investors may, however, watch for a permanent appointment in the coming months.