RVNL Receives ₹3.64 Crore Demand Notice from DGSTO-1, Bengaluru

Rail Vikas Nigam Limited (RVNL) has received a Demand Notice in the form of DRC-07 from the Office of the Deputy Commissioner DGSTO-1, Bengaluru, Karnataka. The notice, dated December 22, 2025, pertai...

Rail Vikas Nigam Limited (RVNL) has received a Demand Notice in the form of DRC-07 from the Office of the Deputy Commissioner DGSTO-1, Bengaluru, Karnataka. The notice, dated December 22, 2025, pertains to the Financial Year 2021-22, with a total demand of ₹3.64 Crore. RVNL has stated that there is no material impact on its financial, operational, or other activities due to this order. The company is in the process of filing appeals with the appropriate jurisdictional appellate authorities against these orders. The announcement was made on December 23, 2025, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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Why is Rail Vikas Nigam Limited in the news today?

Rail Vikas Nigam Limited (RVNL) is in the news due to the company has received a demand notice, which is a negative event. however, the company states there is no material impact and is in the process of appealing, which mitigates the negativity.

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RVNL Receives ₹3.64 Crore Demand Notice from DGSTO-1, Bengaluru

December 23, 2025, 06:01 AM

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Rail Vikas Nigam Limited (RVNL) has received a Demand Notice in the form of DRC-07 from the Office of the Deputy Commissioner DGSTO-1, Bengaluru, Karnataka. The notice, dated December 22, 2025, pertains to the Financial Year 2021-22, with a total demand of ₹3.64 Crore.

RVNL has stated that there is no material impact on its financial, operational, or other activities due to this order. The company is in the process of filing appeals with the appropriate jurisdictional appellate authorities against these orders. The announcement was made on December 23, 2025, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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