Rail Vikas Nigam Limited — Others, 28-02-2025: Action(s) taken or orders passed

RVNL has received a Demand Notice in the form of DRC-07 from the Office of the Commissioner, Central GST and Central Excise Commissionerate in Shimla. The notice specifies a total demand of ₹81.55 cr. However, the company has indicated that there is no material impact on its financial or operational activities and is in the process of filing appeals against this order. This situation may lead to a neutral impact on investor sentiment as the company pursues its legal options, signaling management's proactive stance in addressing potential financial liabilities.