Corporate Actions

RVNL secures Rs 404.88 crore contract from East Coast Railway for infrastructure work

19-Sep-26   19:53 Hrs IST

Rail Vikas Nigam Limited (RVNL) has received a Letter of Acceptance (LOA) from East Coast Railway for a comprehensive infrastructure project valued at Rs 404,88,18,738, including GST. The project involves the execution of roadbed, bridges, building works, supply of ballast, and other related works, including utility shifting and electrification, between Khurda Road and Gangadharpur and Khurda Road and Vizianagaram on the Bhadrak-Vizianagaram section. The work, which falls within RVNL's normal course of business, is slated for completion within 912 days and does not involve any related party transactions.

Attention Investors:

Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month. || KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary. || No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.