RVNL: Rail Vikas Nigam Limited has informed the Exchange regarding Cessation of Mr. Sandeep Jain as Director (Projects) of the company w.e.f. 7th August, 2025.
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Rail Vikas Nigam Limited (RVNL) has informed the exchanges that Mr. Sandeep Jain ceased to be Director (Projects) on the company's board with effect from 7th August 2025. The cessation is due to his transfer from the post of Executive Director/PSU at the Railway Board, indicating a routine administrative move by the Ministry of Railways rather than a voluntary exit. The company has filed the required disclosures under SEBI LODR Regulations and provided an updated list of seven directors, including the Chairman & Managing Director Mr. Pradeep Gaur and other functional, nominee and independent directors.
This is a routine government administrative transfer with no negative implication for shareholders. The position of Director (Projects) is likely to be filled through a similar Railway Board nomination, so operational continuity should be maintained.