Rail Vikas Nigam Limited — Important, 12-08-2025: General Updates
12-08-2025 | 03:34 pm
12-08-2025 | 03:34 pm
Rail Vikas Nigam Limited's joint venture, Kinet Railway Solutions Private Limited, has seen a shareholding reshuffle. The Ministry of Railways initiated this change. RVNL's stake remains constant at 25%. Joint Stock Company Metrowagonmash's share decreased from 70% to 35%, while Joint Stock Company Locomotive Electronic System's share significantly increased from 5% to 40%. This alters the JV's control dynamics among its other partners. Investors should note RVNL's consistent equity share in the venture.
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