RVNLNSERAIL VIKAS NIGAM LIMITEDHighNegative
Announced Mon, 5 Oct, 2026 · 16:44 IST

RVNL board comments on exchange fine for director composition gap

Sebi PenaltyRegulatory & Legal View source PDFExplain this filing

RVNL · price

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Price reaction · full curve 14 horizons · vs prior close
-0.7%1-day move
₹196.95
prior close
₹197.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2+0.6+0.9+1.2-0.7-5.0————————
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AI summary

NSE and BSE imposed fines on RVNL for non-compliance with SEBI LODR regulations 17(1), 18(1), 19(1) and 19(2) regarding Board and committee composition for quarter ended 30 June 2026. The board noted vacancies of Independent Directors including one woman director. As a Government company, RVNL has no role in appointing directors and is actively following up with the Ministry of Railways with several reminder letters.

Likely market impact

Minor regulatory penalty for board composition gaps. As a government company, RVNL depends on the Ministry of Railways to fill director vacancies.