New Launch25 Feb 2026, 11:01 pm
Rail Vikas Nigam Ltd Receives LOA from NMDC for Development of Township in Kirandul, Chhattisgarh
AI Summary
Rail Vikas Nigam Ltd has announced that it has received a Letter of Acceptance (LOA) from National Mineral Development Corporation (NMDC) for the development of a township in Kirandul, Chhattisgarh. The project cost is Rs. 371.69 Crore and is expected to be completed in 21 months. This is a normal course of business for the company and does not involve any related party transactions.
Key Highlights
- Rail Vikas Nigam Ltd has received an LOA from NMDC for a township development project in Kirandul, Chhattisgarh.
- The project cost is Rs. 371.69 Crore and is expected to be completed in 21 months.
- This project is in the normal course of business for the company.
- The project does not involve any related party transactions.
- The announcement was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.