StockWatch
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Civil Construction
Board Meeting4 Nov 2026, 05:00 pm

RITES declares ₹1.90 interim dividend; JV with NICC not materializing

AI Summary

RITES Ltd announced the approval of its Un-audited Standalone and Consolidated Financial Results for the quarter and half-year ended September 30, 2026. The company also declared its second interim dividend for FY 2026-27 at ₹1.90 per share, with a record date of November 11, 2026. Additionally, RITES noted that its proposed Joint Venture with NICC Infrastructure Construction LLC is not materializing, following up on a previous intimation.

Key Highlights

  • Board approved Q2 FY27 unaudited standalone & consolidated results.
  • Declared 2nd interim dividend of ₹1.90 per share for FY27.
  • Record date for dividend payment set as November 11, 2026.
  • JV formation with NICC Infrastructure Construction LLC not materializing.