The Board of Directors of Rail Vikas Nigam Ltd at its meeting held on July 29, 2020, has recommended Dividend of Rs. 1.14 per share (i.e. 11.4 % on the paid-up equity share capital) for the financial year 2019-20 subject to approval of the Shareholders at the ensuing Annual General Meeting (AGM). The Dividend 2019-20 would be paid within 30 days from the date of its declaration at the AGM.