Rail Vikas Nigam Limited has informed the Exchange regarding voting results of Annual General Meeting held on August 28, 2025
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Rail Vikas Nigam Limited (RVNL) held its 22nd AGM on August 28, 2025, via video conferencing, and all 12 resolutions were approved by shareholders with the required majority. Shareholders approved a final dividend of Rs. 1.72 per equity share for FY2024-25 with 99.87% support. The adoption of audited standalone and consolidated financial statements for FY2024-25 was approved with 99.85% assent. Total voting turnout was approximately 83.22%, with the promoter group (1,518,743,694 shares, ~72.84% holding) voting entirely in favor of all resolutions. Several director appointments and re-appointments were cleared, including Mr. Pradeep Gaur (CMD), Mr. N.C. Karmali, Mr. Mritunjay Pratap Singh (Operations), Mr. Sandeep Jain (Projects), Mr. Abhishek Kumar (Finance), Mr. Prem Sagar Gupta (Government Nominee), and Mr. Surender Singh (Independent Director). M/s. Sinha & Srivastava LLP was appointed as Secretarial Auditor for five years, and the remuneration of Rs. 75,000 for Cost Auditors for FY2025-26 was ratified.
This is a routine procedural disclosure confirming shareholder approval of standard AGM agenda items including dividend, director appointments, and auditors. With most resolutions passing with over 99% approval, there are no governance red flags and no material impact on the stock price is expected.