In terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015, RVNL-GEW (JV) emerges as the Lowest Bidder (L1) from South Central Railway for 'Comprehensive signalling and telecommunication works for provision of automatic block signalling system in Balharshah- Makudi section of Secunderabad Division in South Central Railway.' The cost of project is Rs. 81,22,28,896.04/- (M/s Ganapathi Engineers Works, Hubli Share is 51% and M/s Rail Vikas Nigam Limited Share is 49%).