The company in a stock exchange filing also said that it is issuing up to 33,78,375 equity shares to the promoter/promoter group for an amount not exceeding Rs 50 crore
Shares of Rail Vikas Nigam Ltd (RVNL), Titagarh Rail Systems, Jupiter Wagons, Texmaco Rail and Engineering, IRCTC, Railtel Corporation of India and RITES have risen 5-24 percent in the past one week.