RITES Ltd

RITES Ltd has responded to a stock exchange query regarding a significant recent movement in its share volume. The company stated that it has no pending announcements or information that could explain the price or volume behavior. RITES confirmed that all required disclosures under SEBI regulations have been made in a timely manner. The company attributes the movement in its equity share volume entirely to market-driven factors.

RITES Ltd announced the appointment of Shri Atul Singh as a part-time Government Nominee Director on its Board, effective May 29, 2026. Shri Singh, who holds a Bachelor's in Mechanical Engineering and over 30 years of experience with Indian Railways, currently serves as Principal Executive Director (Production Units/ Workshops & Innovation) at the Railway Board. He is not related to any other director on the RITES board and is not debarred from holding a directorship by any regulatory authority. This appointment is in line with SEBI regulations.

RITES Ltd. announced the appointment of Shri Atul Singh, PED /ME(PU)/W&I, Railway Board, as a part-time Government Nominee Director on the company's board. The appointment, effective from the date of DIN allotment, is based on the approval from the Hon’ble President of India and will last until Shri Singh holds his current position or until further notice. Shri Singh has confirmed that he is not debarred from holding the office of director by any SEBI order or other authority.

RITES Ltd. and Crisil Limited have signed a Memorandum of Understanding (MoU) to combine their expertise in transport infrastructure and data analytics. The partnership aims to deliver integrated, data-driven infrastructure solutions across sectors like railways, highways, airports, and urban transport in India and abroad. The collaboration will focus on strengthening analytical and advisory support for infrastructure projects through market intelligence, data validation, and financial due diligence.

RITES Ltd. announced its FY26 financial results, reporting a revenue of ₹2415 crore and a profit after tax (PAT) of ₹454 crore. The company's Q4FY26 revenue stood at ₹799 crore, with a PAT of ₹139 crore. The Board of Directors has recommended a final dividend of ₹2.75 per share. The company achieved an all-time high order book of ₹9416 crore, with ₹958+ crore secured in Q4.

The Board of Directors of RITES Ltd recommended a final dividend of ₹2.75 per share (27.50%) on 48,06,03,774 equity shares with a face value of ₹10 each for the financial year 2025-26. This recommendation is subject to shareholder approval at the upcoming 52nd Annual General Meeting. The board also approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The meeting commenced at 11:35 A.M. and concluded at 01:55 P.M.

RITES Ltd's Board of Directors approved the audited standalone and consolidated financial results for the year ended March 31, 2026. The board also recommended a final dividend of ₹2.75 per share (27.50%) on 48,06,03,774 equity shares with a face value of ₹10 each for the financial year 2025-26, subject to shareholder approval. The meeting, which commenced at 11:35 A.M. and concluded at 01:55 P.M., included a review of the auditor's reports from M/s S.R. Goyal & Co.

RITES Ltd's board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company reported revenue from operations of ₹2,074.21 crore for FY26. A final dividend of ₹2.75 per share (27.50%) on 48,06,03,774 equity shares has been recommended, subject to shareholder approval at the upcoming 52nd Annual General Meeting. The board meeting commenced at 11:35 A.M. and concluded at 01:55 P.M.

RITES Ltd. announced the appointment of Shri Rakesh Kumar Gupta, previously GM/Finance, as Chief Strategy Officer (CSO) and ex-officio Chief Operating Officer of RITES EXPOCON, effective May 18, 2026. With over 24 years of experience, including 21 years at RITES, Gupta's profile includes expertise in corporate finance, project finance, and strategic business operations. He previously served as CFO of REMC Limited, a joint venture of RITES Ltd. and the Ministry of Railways.

RITES Ltd. announced the appointment of Shri Rakesh Kumar Gupta, previously GM/Finance, as Chief Strategy Officer (CSO) and ex-officio Chief Operating Officer of RITES EXPOCON, effective May 18, 2026. He will also be part of the Senior Management of the Company from the same date. Shri Gupta has been with RITES for 21 years and has experience in finance, international trade, taxation, and project management.