Integrated Filing-Governance



General information about company

Scrip Code 542649
NSE Symbol RVNL
MSEI Symbol NOTLISTED
ISIN INE415G01027
Name of the entity RAIL VIKAS NIGAM LIMITED
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Reporting Quarter Yearly
Date of Quarter Ending 31-Mar-2026
Type of company Equity
Whether Annexure I (Part A) of the SEBI Circular dated December 31, 2024 related to Compliance Report on Corporate Governance is applicable to the entity? Yes
Whether Annexure I (Part B) of the SEBI Circular dated December 31, 2024 related to Investor Grievance Redressal Report is Applicable to the entity? Yes
Whether Annexure I (Part C) of the SEBI Circular dated December 31, 2024 related to Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies is Applicable to the entity? No
Reason For Part C Of Annexure I Disclosure Of Acquisition Of Shares OrVotingRightsInUnlistedCompaniesIsNotApplicableToTheEntity During the quarter 01.01.2026 to 31.03.2026. There is no acquisition of shares or voting rights in unlisted companies in terms of sub-para 1 of para A of Part A of Schedule III.
Whether Annexure I (Part D) of the SEBI Circular dated December 31, 2024 related to Disclosure of Imposition of Fine or Penalty is Applicable to the entity? Yes
Whether Annexure I (Part E) of the SEBI Circular dated December 31, 2024 related to Disclosure of Updates to Ongoing Tax Litigations or Disputes is Applicable to the entity? No
Reason For Part E Of Annexure I Disclosure Of Updates To Ongoing Tax Litigations Or Disputes Is Not Applicable To The Entity During the quarter 01.01.2026 to 31.03.2026. There is no ongoing tax litigations or disputes in terms of the provisions of para B(8) of Part A of SCHEDULE III of LODR.
Whether Annexure I (Part F) of the SEBI Circular dated December 31, 2024 related to Disclosure Of Loans / Guarantees / Comfort Letters / Securities Etc. is Applicable to the entity? Yes
Risk management committee Yes
Market Capitalisation as per immediate previous Financial Year Top 100 listed entities
Is SCORE ID Available ? Yes
SCORE Registration ID comz00364
Reason For No SCORE ID
Type of Submission New
Remarks (website dissemination)



Annexure I
Annexure I to be submitted by listed entity on quarterly basis
I. Composition of Board of Directors
Disclosure of notes on composition of board of directors explanatory As on 31.03.2026, the total strength of BoD is Eight Directors comprising of Five Functional Directors and Two Government Nominee Directors and One Independent Director. It may kindly be noted that Rail Vikas Nigam Limited, being a Government Company, all the Directors including (Independent Directors) are appointed by the Honble President of India through concerned Administrative Ministry i.e., Ministry of Railway (MoR). The Company has no role to play in the appointment of Directors.The Company has been requesting MoR at regular intervals for the appointment of Independent Directors (including one Woman Independent Director) on the Board of the Company for compliance with SEBI (LODR) Regulations, 2015.
Whether the listed entity has a Regular Chairperson Yes
Whether Chairperson is related to MD or CEO No Disqualification of Directors under section 164 of the Companies Act, 2013
Sr Title (Mr / Ms) Name of the Director PAN DIN Category 1 of directors Category 2 of directors Category 3 of directors Date of Birth Whether the director is disqualified? Start Date of disqualification End Date of disqualification Details of disqualification Current status Whether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations] Date of passing special resolution Initial Date of appointment Date of Re-appointment Date of cessation Tenure of director (in months) No of Directorship in listed entities including this listed entity (Refer Regulation 17A of Listing Regulations) No of Independent Directorship in listed entities including this listed entity [with reference to proviso to regulation 17A(1) & 17A(2)] Number of memberships in Audit/ Stakeholder Committee(s) including this listed entity (Refer Regulation 26(1) of Listing Regulations) No of post of Chairperson in Audit/ Stakeholder Committee held in listed entities including this listed entity (Refer Regulation 26(1) of Listing Regulations) Reason for Cessation Notes for not providing PAN Notes for not providing DIN
1 Mr. Saleem Ahmad 10119432 Executive Director Chairperson MD 01-May-1969 No Active NA 23-Dec-2025 23-Dec-2025 1 0 0 0
2 Mrs. Anupam Ban 07797026 Executive Director Not Applicable 22-Oct-1967 No Active NA 09-Feb-2023 09-Feb-2023 1 0 1 0
3 Mr. Mritunjay Pratap Singh 08165734 Executive Director Not Applicable 10-Jun-1968 No Active NA 26-Nov-2024 26-Nov-2024 1 0 2 0
4 Mr. Abhishek Kumar 10644411 Executive Director Not Applicable 01-Apr-1977 No Active NA 05-Jun-2025 05-Jun-2025 2 0 2 1
5 Mr. Amit Tandon 10167354 Executive Director Not Applicable 13-Jan-1970 No Active NA 02-Jan-2026 02-Jan-2026 1 0 1 0
6 Mr. Naresh Chandra Karmali 09103211 Non-Executive - Nominee Director Not Applicable 27-Oct-1967 No Active NA 20-May-2024 20-May-2024 1 0 2 0
7 Mr. Prem Sagar Gupta 09329458 Non-Executive - Nominee Director Not Applicable 29-May-1968 No Inactive NA 06-Nov-2024 05-Jan-2026 0 0 0 0 Others
8 Mr. Bhartesh Kumar Jain 11508692 Non-Executive - Nominee Director Not Applicable 19-Nov-1970 No Active NA 28-Jan-2026 28-Jan-2026 1 0 0 0
9 Mr. Surender Singh 11108145 Non-Executive - Independent Director Not Applicable 01-Mar-1967 No Active NA 15-May-2025 15-May-2025 10.17 1 1 2 2



Annexure 1

II. Composition of Committees
Disclosure of notes on composition of committees explanatory .The composition of Audit Committee and Nomination and Remuneration Committee is not in compliance with the provisions of the Companies Act, 2013 and SEBI (LODR) Regulations, 2015, due to not having sufficient number of Independent Directors on the Board of RVNL. Further the composition of Stakeholder Relationship Committee, Risk Management Committee and Corporate Social Responsibility Committee is in compliance with the provisions of SEBI (LODR) Regulations, 2015 & Companies Act, 2013 respectively. Kindly refer note given in Composition of BoD.



Audit Committee Details
Whether the Audit Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 11108145 Surender Singh Non-Executive - Independent Director Chairperson 15-May-2025
2 08165734 Mritunjay Pratap Singh Executive Director Member 26-Nov-2024
3 09103211 Naresh Chandra Karmali Non-Executive - Nominee Director Member 08-Nov-2024
4 07797026 Anupam Ban Executive Director Member 21-Mar-2025



Nomination and remuneration committee
Whether the Nomination and remuneration committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 11108145 Surender Singh Non-Executive - Independent Director Chairperson 15-May-2025
2 09103211 Naresh Chandra Karmali Non-Executive - Nominee Director Member 07-Nov-2024
3 09329458 Prem Sagar Gupta Non-Executive - Nominee Director Member 15-May-2025 05-Jan-2026
4 10167354 Amit Tandon Executive Director Member 05-Jan-2026 28-Jan-2026
5 11508692 Bhartesh Kumar Jain Non-Executive - Nominee Director Member 28-Jan-2026



Stakeholders Relationship Committee
Whether the Stakeholders Relationship Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 11108145 Surender Singh Non-Executive - Independent Director Chairperson 15-May-2025
2 08165734 Mritunjay Pratap Singh Executive Director Member 26-Nov-2024
3 09103211 Naresh Chandra Karmali Non-Executive - Nominee Director Member 01-Oct-2024
4 09329458 Prem Sagar Gupta Non-Executive - Nominee Director Member 15-May-2025 05-Jan-2026
5 10167354 Amit Tandon Executive Director Member 05-Jan-2026



Risk Management Committee
Whether the Risk Management Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 08165734 Mritunjay Pratap Singh ED Chairperson 19-Dec-2024
2 11108145 Surender Singh ID Member 15-May-2025
3 07797026 Anupam Ban ED Member 19-Dec-2024
4 09103211 Naresh Chandra Karmali NED,ND Member 01-Oct-2024



Annexure 1
III. Meeting of Board of Directors
Disclosure of notes on meeting of board of directors explanatory The requirement of quorum for Board Meeting as per SEBI (LODR) Regulations, 2015 has not been met due to insufficient number of Independent Directors. Kindly refer note given in Composition of BoD.
Sr Date(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order) Maximum gap between any two consecutive (in number of days) Notes for not providing Date Whether requirement of Quorum met (Yes/No) Total Number of Directors as on date of the meeting Number of Directors present* (All directors including Independent Director) No. of Independent Directors attending the meeting*
1 11-Nov-2025 Yes 7 6 1
2 15-Jan-2026 Yes 7 7 1
3 05-Feb-2026 20 Yes 8 7 1



Annexure 1
IV. Meeting of Committees
Disclosure of notes on meeting of committees explanatory The requirement of quorum of commmittee meetings as per SEBI (LODR) Regulation, 2015 has not been met due to insufficient number of Independent Directors. Kindly refer the note given in Composition of BoD.
Sr Name of Committee Date(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order) Maximum gap between any two consecutive (in number of days) Name of other committee Reson for not providing date Whether requirement of Quorum met (Yes/No) Total Number of Directors in the Committee as on date of the meeting Number of Directors Present (All Directors including Independent Director) No. of Independent Directors attending the meeting* No. of members attending the meeting (other than Board of Directors)
1 Audit Committee 11-Nov-2025 Yes 4 3 1 0
2 Audit Committee 15-Jan-2026 Yes 4 4 1 0
3 Audit Committee 05-Feb-2026 20 Yes 4 3 1 0
4 Nomination and remuneration committee 11-Nov-2025 Yes 3 3 1 0
5 Risk Management Committee 11-Dec-2025 14 Yes 4 3 1 0
6 Risk Management Committee 25-Mar-2026 103 Yes 4 3 1 0
7 Stakeholders Relationship Committee 25-Mar-2026 Yes 4 3 1 0



Annexure 1
VI. Affirmations
Sr Subject Compliance status (Yes/No)
1 The composition of Board of Directors is in terms of SEBI (Listing obligations and disclosure requirements) Regulations, 2015 No
2 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015 a. Audit Committee No
3 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. b. Nomination & remuneration committee No
4 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. c. Stakeholders relationship committee Yes
5 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. d. Risk management committee (applicable to the top 1000 listed entities) Yes
6 The committee members have been made aware of their powers, role and responsibilities as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015. Yes
7 The meetings of the board of directors and the above committees have been conducted in the manner as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015 Yes
8 This report and/or the report submitted in the previous quarter has been placed before Board of Directors. Yes
9 Any comments/observations/advice of Board of Directors may be mentioned here: For point no. 1 RVNL, it may kindly be noted that Rail Vikas Nigam Limited, being a Government Company, all the Directors including (Independent Directors) are appointed by the Honble President of India through concerned Administrative Ministry i.e., Ministry of Railway (MoR). The Company has no role to play in the appointment of Directors.The Company has been requesting MoR at regular intervals for the appointment of Independent Directors (including one Woman Independent Director) on the Board of the Company for compliance with SEBI (LODR) Regulations, 2015. For point no. 2 & 3 there were insufficient Independent Directors on the Board of the Company. Therefore the composition of Audit Committee and Nomination and Remuneration Committee are not in compliance.



Annexure 1
Sr Subject Compliance status
1 Name of signatory Kalpana Dubey
2 Designation Company Secretary and Compliance Officer



Details of Cyber security incidence
Whether as per Regulation 27(2)(ba) of SEBI (LODR) Regulations, 2015 there has been cyber security incidents or breaches or loss of data or documents during the quarter No
Other details of cyber security incidence or breaches or loss of data event
Number of cyber security incidence or breaches or loss of data event occurred during the quarter
Sr Date of the event Brief details of the event



Annexure II to be submitted by listed entity at the end of the financial year (for the whole of financial year)
I. Disclosure on website in terms of LODR Regulation
Sr Item Compliance status (Yes/No/NA) If status is No details of non-compliance may be given here. Web address
1.1 Details of business Yes https://rvnl.org/home
1.2 Memorandum of Association and Articles of Association Yes https://rvnl.org/RVNL_cms/uploads/investorinfo/MoA_and_AoA.pdf
1.3 Brief profile of board of directors including directorship and full time positions in body corporates Yes https://rvnl.org/management-board
2 Terms and conditions of appointment of independent directors Yes https://rvnl.org/terms-conditions
3 Composition of various committees of board of directors Yes https://rvnl.org/board-committees
4 Code of conduct of board of directors and senior management personnel Yes https://rvnl.org/RVNL_cms/uploads/copolicy/Code_of_conduct.pdf
5 Details of establishment of vigil mechanism or whistle blower policy Yes https://rvnl.org/RVNL_cms/uploads/copolicy/WhistleblowerpolicyofRVNL.pdf
6 Criteria of making payments to non-executive directors NA
7 Policy on dealing with related party transactions Yes https://rvnl.org/RVNL_cms/uploads/copolicy/Policy_on_RPT_Amended_2023.pdf
8 Policy for determining material subsidiaries Yes https://rvnl.org/RVNL_cms/uploads/copolicy/RVNLMaterialityPolicies.pdf
9 Details of familiarization programmes imparted to independent directors Yes https://rvnl.org/familiarization
10 Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievances Yes https://rvnl.org/investor-information
11 Email address for grievance redressal and other relevant details Yes https://rvnl.org/investor-information
12 Financial results Yes https://rvnl.org/financial-result
13 Shareholding pattern Yes https://rvnl.org/shareholding-pattern
14 Details of agreements entered into with the media companies and/or their associates Yes https://rvnl.org/details-agreement
15.1 Schedule of analyst or institutional investor meet and presentation prepared by listed entity for analyst or institutional investor meet Yes https://rvnl.org/schedule-of-analysts
15.2 Audio or video recordings and transcripts of post earnings/quarterly calls Yes https://rvnl.org/schedule-of-analysts
16 New name and the old name of the listed entity NA
17 Advertisements as per regulation 47 (1) Yes https://rvnl.org/advertisement-in-newspaper
18 Credit rating or revision in credit rating obtained Yes https://rvnl.org/credit-rating
19 Separate audited financial statements of each subsidiary of the listed entity Yes https://rvnl.org/Subsidiaries/null/null
20 Secretarial compliance report Yes https://rvnl.org/annual-secretarial-compliance
21 Materiality policy as per regulation 30 (4) Yes https://rvnl.org/RVNL_cms/uploads/copolicy/RVNLMaterialityPolicies.pdf
22 Disclosure of contact details of KMP who are authorized for the purpose of determining materiality as required under regulation 30(5) Yes https://rvnl.org/RVNL_cms/uploads/investorinfo/RVNL-KMP%20for%20determining%20Materiality%20of%20Events.pdf
23 Disclosures under regulation 30(8) Yes https://rvnl.org/Intimation_to_stock_exchange
24 Statements of deviation(s) or variations(s) as specified in regulation 32 NA
25 Dividend distribution policy as specified in regulation 43A (1) Yes https://rvnl.org/RVNL_cms/uploads/copolicy/RVNLDividendDistributionPolicy.pdf
26.1 Annual return as provided under section 92 of the Companies Act 2013 Yes https://rvnl.org/annual-report
26.2 Employee benefit scheme documents framed in terms of SEBI (SBEB) regulations 2021
27 Confirmation that the above disclosures are in a separate section as specified in regulation 46(2) Yes https://rvnl.org/RegulationOfSebiComponent
28 Compliance with regulation 46(3) with respect to accuracy of disclosures on the website and timely updation Yes https://rvnl.org/RegulationOfSebiComponent
29 Disclosure of notes on website in terms of Listing Regulations explanatory


Annexure II
II. Annual Affirmations
Sr Particulars Regulation Number Compliance status (Yes/No/NA) If status is No details of non-compliance may be given here.
1 Independent director(s) have been appointed in terms of specified criteria of independence and/or eligibility 16(1)(b) Yes
2 Board Composition 17(1), 17(1A) & 17(1C), 17(1D) & 17(1E) No During the quarter ended 31.03.2026, the strength of the Board of the Company comprises of Eight Directors out of which Five are Whole-Time Directors (including Chairman & Managing Director) & Two Govt. Nominee Directors and One Independent Director. The appointment of 6 IDs (including one woman Independent Director) on the Board of the Company is awaited from Ministry of Railways (MOR), Govt. of India (GOI). It may kindly be noted that Rail Vikas Nigam Limited, being a Government Company, all the Directors including (Independent Directors) are appointed by the Hon’ble President of India through concerned Administrative Ministry i.e., Ministry of Railway (MoR). The Company has no role to play in the appointment of Directors.The Company has been requesting MoR at regular intervals for the appointment of Independent Directors (including one Woman Independent Director) on the Board of the Company for compliance with SEBI (LODR) Regulations, 2015.
3 Meeting Of Board Of Directors 17(2) Yes
4 Quorum of board meeting 17(2A) Yes
5 Review of Compliance Reports 17(3) Yes
6 Plans for orderly succession for appointments 17(4) Yes
7 Code of Conduct 17(5) Yes
8 Fees/compensation 17(6) Yes
9 Minimum Information 17(7) Yes
10 Compliance Certificate 17(8) Yes
11 Risk Assessment & Management 17(9) Yes
12 Performance Evaluation of Independent Directors 17(10) NA
13 Recommendation of Board 17(11) Yes
14 Maximum number of Directorships 17A Yes
15 Composition of Audit Committee 18(1) No In the absence of Independent Directors, the composition of Audit Committee of RVNL, during the quarter ended 31.03.2026, comprises of: 1. Chairman, Non-Executive Independent Director 2. Member, Executive Director 3. Member, Executive Director 4. Member, Non-Executive-Nominee Director. It may kindly be noted that Rail Vikas Nigam Limited, being a Government Company, all the Directors including (Independent Directors) are appointed by the Hon’ble President of India through concerned Administrative Ministry i.e., Ministry of Railway (MoR). The Company has no role to play in the appointment of Directors.The Company has been requesting MoR at regular intervals for the appointment of Independent Directors (including one Woman Independent Director) on the Board of the Company for compliance with SEBI (LODR) Regulations, 2015.
16 Meeting of Audit Committee 18(2) Yes
17 Role of Audit Committee and information to be reviewed by the audit committee 18(3) Yes
18 Composition of nomination & remuneration committee 19(1) & (2) No In the absence of Independent Directors, the composition of Nomination Remuneration Committee of RVNL, during the quarter ended 31.03.2026, comprises of: 1. Chairman, Non-Executive Independent Director 2. Member, Non-Executive-Nominee Director 3. Member, Non-Executive-Nominee Director.It may kindly be noted that Rail Vikas Nigam Limited, being a Government Company, all the Directors including (Independent Directors) are appointed by the Hon’ble President of India through concerned Administrative Ministry i.e., Ministry of Railway (MoR). The Company has no role to play in the appointment of Directors.The Company has been requesting MoR at regular intervals for the appointment of Independent Directors (including one Woman Independent Director) on the Board of the Company for compliance with SEBI (LODR) Regulations, 2015.
19 Quorum of Nomination and Remuneration Committee meeting 19(2A) Yes
20 Meeting of Nomination and Remuneration Committee 19(3A) Yes
21 Role of Nomination and Remuneration Committee 19(4) Yes
22 Composition of Stakeholder Relationship Committee 20(1), 20(2) & 20(2A) Yes
23 Meeting of Stakeholders Relationship Committee 20(3A) Yes
24 Role of Stakeholders Relationship Committee 20(4) Yes
25 Composition and role of risk management committee 21(1),(2),(3),(4) Yes
26 Meeting of Risk Management Committee 21(3A) Yes
27 Quorum of Risk Management Committee meeting 21(3B) Yes
28 Gap between the meetings of the Risk Management Committee 21(3C) Yes
29 Vigil Mechanism 22 Yes
30 Policy for related party Transaction 23(1), (1A), (5), (6), & (8) Yes
31 Prior or Omnibus approval of Audit Committee for all related party transactions 23(2), (3) Yes
32 Approval for material related party transactions 23(4) NA
33 Disclosure of related party transactions on consolidated basis 23(9) Yes
34 Composition of Board of Directors of unlisted material Subsidiary 24(1) NA
35 Other Corporate Governance requirements with respect to subsidiary of listed entity 24(2),(3),(4),(5) & (6) Yes
36 Alternate Director to Independent Director 25(1) NA
37 Maximum Tenure 25(2) Yes
38 Appointment, Re-appointment or removal of an Independent Director through special resolution or the alternate mechanism 25(2A) NA
39 Meeting of independent directors 25(3) & (4) Yes
40 Familiarization of independent directors 25(7) Yes
41 Declaration from Independent Director 25(8) & (9) Yes
42 Directors and Officers insurance 25(10) Yes
43 Confirmation with respect to appointment of Independent Directors who resigned from the listed entity 25(11) NA
44 Memberships in Committees 26(1) Yes
45 Affirmation with compliance to code of conduct from members of Board of Directors and Senior management personnel 26(3) Yes
46 Policy with respect to Obligations of directors and senior management 26(2) & 26(5) Yes
47 Approval of the Board and shareholders for compensation or profit sharing in connection with dealings in the securities of the listed entity 26(6) NA
48 Vacancies in respect Key Managerial Personnel 26A(1) & 26A(2), 26A(3) NA
Any other information to be provided - Add Notes



Annexure II
III. Affirmations
Sr Particulars Compliance status (Yes/No/NA)
1 The Listed Entity has approved Material Subsidiary Policy and the Corporate Governance requirements with respect to subsidiary of Listed Entity have been complied Yes
Any other information to be provided



Annexure II
1 Name of signatory Kalpana Dubey
2 Designation Company Secretary and Compliance Officer



Additional Half yearly Disclosure
Any Other Information for Disclosure of Loans / Guarantees / Comfort Letters / Securities Etc.
I. Disclosure of Loans/ guarantees/comfort letters /securities etc.refer note below
(A)Any loan or any other form of debt advanced by the listed entity directly or indirectly to
Entity Aggregate amount advanced during six months Balance outstanding at the end of six months
Promoter or any other entity controlled by them 0 0
Promoter Group or any other entity controlled by them 0 0
Directors (including relatives) or any other entity controlled by them 0 317172.62
KMPs or any other entity controlled by them 0 931450.78
(B) Any guarantee / comfort letter (by whatever name called) provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed By
Entity Type (guarantee, comfort letter etc.) Aggregate amount of issuance during six months Balance outstanding at the end of six months(taking into account any invocation)
Promoter or any other entity controlled by them 0 0 0
Promoter Group or any other entity controlled by them 0 0 0
Directors (including relatives) or any other entity controlled by them 0 0 0
KMPs or any other entity controlled by them 0 0 0
(C) Any security provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed by
Entity Type of security (cash, shares etc.) Aggregate value of security provided during six months Balance outstanding at the end of six months
Promoter or any other entity controlled by them 0 0 0
Promoter Group or any other entity controlled by them 0 0 0
Directors (including relatives) or any other entity controlled by them 0 0 0
KMPs or any other entity controlled by them 0 0 0
(D) Additional Information
II. Affirmations
Affirmations Compliance Status Company Remarks
All loans (or other form of debt), guarantees, comfort letters (by whatever name called) or securities in connection with any loan(s) (or other form of debt) given directly or indirectly by the listed entity to promoter(s), promoter group, director(s) (including their relatives), key managerial personnel (including their relatives) or any entity controlled by them are in the economic interest of the company. Yes
Name Chandan Kumar Verma
Designation Chief Financial Officer
Place New Delhi
Date 29-Apr-2026



Signatory Details
Name of signatory Kalpana Dubey
Designation of person Company Secretary and Compliance Officer
Place New Delhi
Date 29-Apr-2026


Investor Grievance Details
No. of investor complaints pending at the beginning of Quarter 0
No. of investor complaints received during the Quarter 8
No. of investor complaints disposed off during the Quarter 8
No. of investor complaints those remaining unresolved at the end of the Quarter 0


Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies-
The details of acquisition of shares or voting rights in unlisted companies during the quarter in terms of sub-para 1 of para A of Part A of Schedule III are given below
Any Other Information for Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies
Sr. No. Name of the unlisted company in which shares or voting rights have been acquired Date of acquisition Aggregate holding (% shares or voting rights) as at the end of the previous quarter % shares or voting rights acquired during the quarter Aggregate holding (% shares or voting rights) as at the end of the quarter


Disclosure of Imposition of Fine or Penalty
The details of imposition of fine or penalty during the quarter in terms of sub-para 20 of para A of Part A of Schedule III are given below:
Any Other Information for Disclosure of Imposition of Fine or Penalty
Sr. No. Name of the authority Nature and details of the action(s) taken or order(s) passed Date of receipt of direction or order, including any ad interim or interim orders, or any other communication from the authority Details of the violation(s)/ contravention(s) committed or alleged to be committed Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible
1 National Stock Exchange of India Limited Fine 27-Feb-2026 NSE letter no. NSE/LISTSOP/ COMB/FINES/0215 dated 27th February, 2026 have levied Fine of Rs. 9,77,040/- (inclusive of GST) on the Company for the non-compliance with Regulation 17(1), 18(1) & 19(1)/(2)- Non-compliance for the composition of the Board and its committees for the quarter ended 31st December, 2025. The fine imposed on the Company by National Stock Exchange of India Limited and BSE Limited has no impact on the financial, operation or other activities of the Company. However, the Company has identified the same under contingent liability in the financial statements of the Company. On attaining compliance with SEBI (LODR) upon appointment of the requisite number of Directors by MoR, the Company will be eligible for the waiver of fines as per the SEBI's policy for exemption of fines. It may be noted that in earlier instances of non-compliance, stock exchanges had already waived off fine imposed on the Company upon attaining the requisite compliances.
2 BSE Limited Fine 27-Feb-2026 BSE Email w.r.t. Fines as per SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 on 27th February, 2026 have levied Fine of Rs. 9,77,040/- (inclusive of GST) on the Company for the non- compliance with Regulation 17(1), 18(1) & 19(1)/(2)- Non-compliance for the composition of the Board and its committees for the quarter ended 31st December, 2025. Same as above


Disclosure of Updates to Ongoing Tax Litigations or Disputes
The updates on tax litigations or disputes in terms of sub-para 8 of para B of Part A of Schedule III read with corresponding provisions of Annexure 18 of the Master Circular are given below:

Any Other Information for Disclosure of Updates to Ongoing Tax Litigations or Disputes
Sr. No. Name of the opposing party Date of initiation of the litigation / dispute Status of the litigation / dispute as per last disclosure Current status of the litigation / dispute