PSU NEWS
RVNL to Form Subsidiary Company in Dubai
The multi-bagger company has received multiple orders from different zones of railway segments, boosting public infrastructures and construction.
Railway infrastructure PSU RVNL has confirmed forming a subsidiary company in Dubai, RVNL Middle East Contracting LLC.
It is hereby informed that Rail Vikas Nigam Limited (RVNL) has incorporated a Subsidiary Company “RVNL MIDDLE EAST CONTRACTING L.L.C” in DUBAI, as per the regulatory filing made.
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Currently, the Railway’s arm has bagged an order from North Central Railway worth Rs 72 crore. Meanwhile, the shares fell by 0.072% in the recent trade.
The multi-bagger company has received multiple orders from different zones of railway segments, boosting public infrastructures and construction.
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