RITES Ltd

RITES Limited has signed a Memorandum of Understanding (MoU) with National Highways & Infrastructure Development Corporation Limited (NHIDCL). This collaboration aims to provide specialized consultancy and technical support for the planning, development, construction, and maintenance of highway and infrastructure projects, particularly in North-East and other strategic areas. RITES will offer services including Detailed Project Reports (DPRs), external technical audits, quality assurance, bridge assessments, road safety audits, and Authority Engineering services. The partnership leverages NHIDCL's development expertise and RITES' extensive experience in transport infrastructure consultancy to enhance project delivery, quality, and safety.

RITES Ltd has provided an update on a major order for Project Management Consultancy Services for the Railways Electrification of Bidar-Kalaburagi (Gulbarga) (110 RKM) from South Central Railway. The order, awarded on a Cost Plus turnkey basis, has seen its revised project cost increase to ₹154.65 Crore (excluding GST, including RITES fees), up from the original project cost of ₹97.96 Crore. This is a domestic entity contract, and the execution period is ongoing. The transaction is between government entities.

RITES Ltd has been assigned an ESG rating of 69 by Niche Ninety Nine Capability and Certifications (OPC) Private Limited. The company clarified that it did not engage Niche for this rating, and it was independently prepared based on publicly available information. This rating was intimated to the stock exchanges on September 17, 2026.

RITES Ltd has announced the appointment of M/s S R Goyal & Co., Chartered Accountants, New Delhi as its Statutory Auditors for the Financial Year 2026-27. The appointment was conveyed by the Comptroller & Auditor General of India (C&AG) via a letter dated September 07, 2026. M/s S R Goyal & Co. is an established CA firm with a strong track record in auditing PSUs and government departments. Notably, this firm also served as the Statutory Auditor for RITES Ltd in the previous financial year, FY 2025-26.

RITES Ltd has filed its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26, as mandated by SEBI regulations. The report, which is an integral part of the company's Integrated Annual Report, details its corporate identity, operational activities, and employee demographics. Key business segments include engineering design, project management, leasing of locomotives, and export of railway rolling stock, contributing 78.86%, 7.59%, and 13.55% to turnover, respectively. The company operates across 28 states and 8 Union Territories nationally and in 9 countries internationally. The BRSR was prepared on a standalone basis and received reasonable assurance for core indicators from Sustainability Actions Private Limited.

RITES Ltd has announced the web-link for its Integrated Annual Report for the Financial Year 2025-26, in compliance with SEBI regulations. The report is accessible via the company's website. Additionally, the company has scheduled its 52nd Annual General Meeting (AGM) for Friday, September 25, 2026, at 11:00 AM IST, to be conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). Members will receive the AGM notice and the annual report electronically if their email addresses are registered. For those without registered emails, a letter with the web-link and access path is being dispatched.

RITES Ltd has issued a notice for its 52nd Annual General Meeting (AGM) scheduled for September 25, 2026, to be conducted via Video Conferencing. The company also released its Integrated Annual Report for the Financial Year 2025-26. Key agenda items include the adoption of audited financial statements, confirmation of interim dividends and declaration of a final dividend for FY 2025-26, re-appointment of a Director retiring by rotation, and authorization for the Board to fix the remuneration of the upcoming statutory auditors. Additionally, a new Whole Time Director, Shri Prem Singh Meena, is proposed for appointment.

RITES Ltd has announced its 52nd Annual General Meeting (AGM) to be held on Friday, September 25, 2026, at 11:00 AM IST through Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The company also released its Integrated Annual Report for the Financial Year 2025-26. Key agenda items include the adoption of audited financial statements for FY 2025-26, confirmation of interim dividends, declaration of a final dividend of 27.50% (₹2.75 per share), re-appointment of Dr. Deepak Tripathi as Director (Technical), and authorization for the Board to fix remuneration for the statutory auditors for FY 2026-27. Additionally, Shri Prem Singh Meena is proposed for appointment as Whole Time Director [Director (Projects)].

RITES Ltd has announced the opening of a new branch office in the Republic of South Africa. This strategic move is aimed at bolstering business development activities within the region. The establishment of this external company office signifies RITES' commitment to expanding its international presence and enhancing its service capabilities to cater to a wider market.

RITES Ltd has announced Sunday, September 20, 2026, as the record date for the payment of its final dividend for the financial year 2025-26. This dividend is subject to approval at the upcoming Annual General Meeting (AGM). The 52nd AGM is scheduled for Friday, September 25, 2026, to be held via Video Conferencing. Members registered as of August 21, 2026, will receive the AGM notice and annual report. Remote e-voting will be open from September 22 to September 24, 2026, with in-AGM e-voting available for attendees who haven't voted remotely.