Board Comments on fine levied by the Exchanges.

RVNL/SECY/STEX/2026 25.07.2026 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 - 400051 Mumbai- 400001 Scrip: RVNL Scrip: 542649 नशे नल (cid:232)टॉक ए(cid:200)सच(cid:581)ज ऑफ इं(cid:875)डया (cid:871)ल(cid:871)मटेड बीएसई (cid:871)ल(cid:871)मटेड ए(cid:200)सच(cid:581)ज (cid:220)लाज़ा, कॉप(cid:574)रेट सेवा (cid:874)वभाग बा(cid:289)ं ा-कुला(cid:91) कॉ(cid:224)(cid:220)ले(cid:200)स, दलाल (cid:232)(cid:282)(cid:547)ट, बा(cid:289)ं ा (पूव)(cid:91) , मबुं ई- 400051 मुंबई- 400001 ि(cid:232)(cid:272)प: RVNL ि(cid:232)(cid:272)प: 542649 Sub: Board Comments on fine levied by the Exchanges (cid:874)वषय: (cid:874)वषय: ए(cid:200)सच(cid:581)ज(cid:585) (cid:622)वारा लगाए गए जमु ा(cid:91)ने पर बोड (cid:91)क(cid:551) (cid:292)(cid:467)त(cid:873)(cid:272)या Dear Sir / Madam, This is with reference to the letter dated 27th February, 2026 received from the National Stock Exchange of India Limited ("NSE") and the email dated 27th February, 2026 received from BSE Limited ("BSE") in respect of the quarter ended 31st December, 2025, as well as the communications dated 27th May, 2026 pertaining to the quarter ended 31st March, 2026, regarding the Company's non-compliance with Regulations 17(1), 18(1), and 19(1) & 19(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, relating to the composition of the Board of Directors and its Committees. Accordingly, fines were imposed on the Company for the aforesaid non-compliances for the quarters ended 31st December, 2025 and 31st March, 2026. The receipt of the aforesaid communications was intimated to the Stock Exchanges vide the Company's letters bearing Nos. RVNL/SECY/STEX/2025 dated 02.03.2026 and RVNL/SECY/STEX/2026 dated 27.05.2026, respectively. As advised by the Exchanges, the aforesaid matter of non-compliance was placed before the Board in its meeting held on 25th July, 2026, wherein the Board deliberated and noted the position of non-compliances with respect to the composition of Board of Directors & its sub- committees and the fine imposed by the Exchanges. In this regard, Board noted that- Regd. Office: World Trade Center, Tower A, 6th to 9th Floor, Nauroji Nagar, New Delhi- 110029 Phone: +91-11-26738299, Fax: +91-11-26182957, E-mail: info@rvnl.org, Web: www.rvnl.org “Company is continuously following up with the Ministry of Railways about the vacancy of Independent Directors (including one-woman Independent Director) on the Board of RVNL. Several reminder letters have been sent by RVNL requesting MoR to take immediate action with respect to appointment of Independent Directors (including one-woman Independent Director) and being a Govt. Company, Company has no role to play in the appointment of Directors.” कृपया उपरो(cid:200)त जानकार(cid:547) को (cid:464)रकॉड (cid:91) पर ल(cid:581)। ध(cid:219)यवाद, भवद(cid:547)या, रेल (cid:874)वकास (cid:467)नगम (cid:871)ल(cid:871)मटेड क(cid:551) ओर से Regd. Office: World Trade Center, Tower A, 6th to 9th Floor, Nauroji Nagar, New Delhi- 110029 Phone: +91-11-26738299, Fax: +91-11-26182957, E-mail: info@rvnl.org, Web: www.rvnl.org