Rail Vikas Nigam : Updates

RVNL/SECY/STEX/2022	27.12.2022
National Stock Exchange of India Ltd.	BSE Ltd.
Exchange Plaza,	Department of Corporate Service,
Plot no. C/1, G Block,	Phiroze Jeejeebhoy Towers,
Bandra-Kurla Complex,	Dalal Street,
Bandra (E), Mumbai - 400 051.	Mumbai- 400 001.
Scrip: RVNL	Scrip: 542649

Sub: Appointment of RVNL as Project Implementation Agency for implementation of the UTF Harbor Project in Maldives- Letter of Award

Ref: RVNL's letter no. RVNL/SECY/STEX/2022 dated 11.11.2022

Dear Sir,

In terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015, it is hereby informed that Rail Vikas Nigam Limited (RVNL) has received LOA on 27.12.2022 for appointment as Project Implementation Agency for implementation of the UTF Harbor Project in Maldives. This is a strategic project of Govt. of India. The project costs is

Rs 1544.60 Cr.

Declaration as per SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015 is enclosed as

Annexure- A

Kindly take the same on record.

Thanking you,

Yours faithfully,

For Rail Vikas Nigam Limited

KALPANA DUBEY

Digitally signed by

KALPANA DUBEY

Date: 2022.12.27 18:19:26 +05'30'

(Kalpana Dubey)

Company Secretary & Compliance Officer

Safe Harbour: Statement(s) in this release are forward looking statements. These statements are based on information currently available to us, and we assume no obligation to update these statements as circumstances change.

Annexure- A

Declaration as per SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015 are as under:

S.	Particulars	Details of Projects
No.
a.	Name of the entity awarding the order(s)/contract(s);	Ministry of External Affairs
		(MEA)
b.	Significant terms and conditions of order(s)/contract(s)	General		Contract
	awarded in brief;	Conditions
c.	Whether order(s) / contract(s) have been awarded by domestic/	International Entity
	international entity;
d.	Nature of order(s) / contract(s);	Development	of	UTF
		Harbor. This is a strategic
		project of Govt. of India.
e.	Whether domestic or international;	International
f.	Time period by which the order(s)/contract(s) is to be	24 Months
	executed;
g.	Broad consideration or size of the order(s)/contract(s);	The project costs is Rs
		1544.60 Cr.
h.	Whether the promoter/ promoter group / group companies	No
	have any interest in the entity that awarded the
	order(s)/contract(s)? If yes, nature of interest and details
	thereof;
i.	Whether the order(s)/contract(s) would fall within related	No
	party transactions? If yes, whether the same is done at "arm's
	length".