Rail Vikas Nigam Limited (RVNL) — Announcement Announcement
📢 Key Event
NSE imposes Rs. 9.56 lakh fine on RVNL for board composition lapse
🔄 What Changed
Fine imposed for first time in recent quarter
🔮 What's Next
Waiver of future fines upon appointment of requisite directors by MoR
💡 Investor Takeaway
The fine is immaterial financially but signals governance scrutiny that could affect future penalties.
⚠️ Risks
None
Rail Vikas Nigam Limited disclosed a Rs. 9.56 lakh fine imposed by NSE for governance non-compliance related to board composition for Q3 FY26, though the company states the penalty has no financial impact and expects future fine waivers upon regulatory compliance.
📄 View Original Announcement (PDF)
About Rail Vikas Nigam Limited (RVNL)
Construction · Construction · Listed on NSE
Market Cap: ₹59,006.07 Cr
P/E: 45.4
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.