Rail Vikas Nigam Limited (RVNL) has received a Demand Notice from the Office of the Assistant Commissioner, Range-2, Division-1, Ahmedabad, Gujarat. The notice, in form DRC-07, is dated December 23, 2025, and pertains to the financial year 2021-22. The total demand as per the order is ₹5.56 Crore.
Demand Notice Details
RVNL has received a Demand Notice (DRC-07) from the Assistant Commissioner, Range-2, Division-1, Ahmedabad, Gujarat. The order number is ZD2412251118851 and is dated December 23, 2025, relating to the FY 2021-22.
Financial Impact
The total demand arising from this notice amounts to ₹5.56 Crore. While there is no immediate material impact on the company’s financial operations, RVNL is planning to contest the order.
Action Taken
RVNL has indicated that the order is challengeable and has initiated or will initiate appeals with the appropriate jurisdictional appellate authorities.
Source: BSE