India, Dec. 23 -- Rail Vikas Nigam Ltd (RVNL) has received a GST demand notice in the form of DRC-07 from the Office of the Deputy Commissioner, DGSTO-1, Bengaluru, Karnataka, in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The demand notice, issued vide order number ZD291225171036F dated December 22, 2025, pertains to the financial year 2021–22 and involves a total demand of ?3.64 crore.

RVNL clarified that the order does not have any material impact on the company's financial position, operations, or other activities. The company further stated that the demand order is challengeable, and necessary appeals have already been filed or are in the process of being filed ...