Meeting Details

The 23rd Annual General Meeting of Rail Vikas Nigam Limited was held on Tuesday, 25th August, 2026 at 11:00 A.M. (IST) through Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The registered office of the Company at World Trade Center, Tower A, 6th to 9th Floor, Nauroji Nagar, New Delhi-110029 was deemed as the venue of the meeting.

The meeting commenced at 11:00 A.M. and concluded at 11:44 A.M.

Attendance and Participation

  • 117 members attended and participated in the meeting, including authorized representative of President of India
  • Quorum requirements under the Companies Act were present throughout the meeting
  • Shri Saleem Ahmed, Chairman & Managing Director chaired the proceedings
  • Board Members, Key Managerial Personnel, Statutory Auditors, Secretarial Auditors and Scrutinizer were present

Voting Arrangements

  • Remote e-voting facility through CDSL Portal was available from Saturday, 22 August, 2026 (09:00 AM IST) to Monday, 24 August, 2026 (05:00 PM IST)
  • E-voting facility was also provided during the AGM for members who did not cast votes through remote e-voting
  • M/s. Kumar Naresh Sinha & Associates were appointed as scrutinizer for both remote e-voting and e-voting at AGM
  • Voting results will be notified to Stock Exchanges and hosted on company website within two working days of AGM conclusion
  • E-voting facility remained open for 15 minutes after meeting conclusion

Business Proceedings

The Chairman's Statement was read apprising the financial and physical performance for FY 2025-26, including details of SPVs, Human resource development, Corporate Social Responsibility, MoU performance, Corporate Governance and Future outlook.

The Notice of AGM and Annual Report for 2025-26 containing Directors Report, Audited Financial Statements (Standalone and Consolidated), Auditors' Report and C&AG comments were taken as read.

Shareholders who registered as speakers in advance were invited to raise questions. The Chairman responded to queries on future prospects, new business opportunities, ESG rating, share price movement, women empowerment initiatives, operating margins, order book position, project status, project completion timelines, and CSR initiatives relating to old-age homes.

Agenda Items and Resolutions

ORDINARY BUSINESS:

1. Adoption of Audited Financial Statements (Standalone and Consolidated) for FY ended 31 March, 2026 along with Board's Report, Auditor's Report and C&AG comments with management replies

2. Declaration of final dividend of ₹0.71 per fully paid-up equity share for FY 2025-26

3. Re-appointment of Mrs. Anupam Ban, Director (Personnel) (DIN: 07797026) who retires by rotation

4. Re-appointment of Mr. Mritunjay Pratap Singh, Director (Operations) (DIN: 08165734) who retires by rotation

5. Authorization to Board of Directors to fix remuneration of Statutory Auditors for FY 2026-27

SPECIAL BUSINESS:

6. Appointment of Mr. Saleem Ahmed (DIN: 10119432) as Chairman & Managing Director

7. Appointment of Mr. Amit Tandon (DIN: 10167354) as Director (Projects)

8. Appointment of Mr. Bhartesh Kumar Jain (DIN: 11508692) as Part-Time (Official) Government Nominee Director

9. Ratification of remuneration of Cost Auditors for FY 2026-27

Additional Information

  • Statutory registers required during AGM were made available for inspection on RVNL's website
  • The meeting was conducted in compliance with Companies Act, 2013 and relevant SEBI and MCA circulars
  • These proceedings do not purport to be minutes of the AGM