Rail Vikas Nigam hit with ₹16.30 Cr tax demand

Rail Vikas Nigam Limited (RVNL) announced on December 18, 2025, that it has received a Demand Notice (DRC-07) from the Office of the Senior Joint Commissioner, Large Taxpayer Unit, Corporate Division, Kolkata, West Bengal. The notice, dated December 17, 2025, cites an order number ZD191225039798T.

The demand notice pertains to a total outstanding tax amount of ₹16.30 Cr. for the financial year 2021-22. RVNL stated that these orders are challengeable, and necessary appeals are being filed or will be filed with the appropriate jurisdictional appellate authorities.

The company has assessed that there is no material impact on its financial, operational, or other activities due to these orders. This disclosure was made in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.