Rail Vikas Nigam re-designates Chandan Kumar Verma

Rail Vikas Nigam Limited (RVNL) [BSE: 542649] announced the re-designation of Shri Chandan Kumar Verma from Group General Manager/Finance to Executive Director/Finance, effective April 9, 2025. This change was formalized in an office order dated April 15, 2025. The re-designation does not entail any change in Verma's basic pay and pay level, as he will continue to draw his cadre pay plus deputation allowance, as admissible under the extant rules. However, he will be entitled to allowances and perks associated with the post of Executive Director (Finance). The company has confirmed that this re-designation is provisional and does not confer any right for permanent absorption in RVNL.