Rail Vikas Nigam Limited — Others, 30-05-2025: Action(s) taken or orders passed

Rail Vikas Nigam Limited (RVNL) has been fined Rs. 8.26 lakh each by NSE and BSE for non-compliance regarding Board and committee composition. RVNL explained that as a Government company, director appointments are made by the President of India via the Ministry of Railways, not by the company, and expects these fines to be waived once the Ministry completes the appointments. The penalties do not impact RVNL’s operations or financial position.