RVNL NSE filing

RVNL Secures ₹39.21 Crore Contract from NMDC for Hyderabad Project

The RealCase readMedium impact Positive

RVNL received an LOA from NMDC Limited for constructing a residential campus in Hyderabad. The project is valued at ₹39.21 crore and has a 15-month execution period. This order is part of RVNL's regular business.

Why it matters

The contract value of ₹39.21 crore is significant and will contribute to the company's order book, impacting its financial performance and growth prospects.

The market read

The company has secured a new order, which is a positive development and expected to contribute to its revenue and growth.

Rail Vikas Nigam Limited (RVNL) has announced the receipt of a Letter of Acceptance (LOA) from NMDC Limited for the project "Construction of Residential Campus for Senior & Board Level Executives at Banjara Hills, Hyderabad (Phase -II).".

The contract, awarded by a domestic entity, is valued at ₹39,21,00,000 (Rupees Thirty-Nine Crores Twenty-One Lakhs Only), inclusive of GST at 18%. The project is expected to be executed within a timeframe of 15 months.

This development falls within the normal course of RVNL's business operations. The company has provided a declaration as per SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026, confirming that there are no promoter or group company interests in NMDC Limited and the transaction does not fall under related party transactions.

Filing to action

What to do with a filing like this

Rail Vikas Nigam Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by Rail Vikas Nigam Limited. Read the original for the full detail.

View original filing