Rail Vikas Nigam Limited (RVNL) announced a leadership change effective December 23, 2025. Shri Sukhmal Chand Jain ceased to serve as Chairman and Managing Director, while Shri Saleem Ahmad, previously Director (Projects) at NBCC (India) Ltd., has assumed the charge as the new CMD of the railway PSU.
State-run infrastructure major Rail Vikas Nigam Limited (RVNL) has announced a significant change in its top management. The company, through an official exchange filing, informed that Shri Sukhmal Chand Jain (DIN: 07564584) has stepped down as Chairman and Managing Director, effective close of business on December 23, 2025.
Taking charge as the new Chairman and Managing Director, Shri Saleem Ahmad (DIN: 10119432) brings over three decades of experience in civil infrastructure, specializing in large-scale construction, bridges, tunnels, and urban development. Before joining RVNL, Ahmad served as Director (Projects) at NBCC (India) Ltd., and earlier held senior positions at Delhi Metro Rail Corporation (DMRC) and Mumbai Port Trust.
The company also clarified compliance with SEBI’s Listing Regulations and confirmed that Shri Saleem Ahmad has not been debarred by any regulatory authority.
Key Highlights:
-
Leadership transition: Shri Sukhmal Chand Jain ceased as CMD with effect from December 23, 2025 (A/N).
-
New appointment: Shri Saleem Ahmad, former Director (Projects), NBCC (India) Ltd., appointed CMD, RVNL.
-
Professional background: Civil engineering graduate from Jamia Millia Islamia with 35+ years of project experience.
-
Industry expertise: Noted for contributions to metro, port, and sustainable infrastructure projects.
-
Regulatory compliance: Appointment aligns with SEBI Circular No. LIST/COMP/14/2018-19 and SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.
Sources: NSE Corporate Announcements, BSE Filing by Rail Vikas Nigam Limited