Rites Annual General Meeting
RITES Limited conducted its 52nd Annual General Meeting on September 25, 2026. Shareholders considered resolutions including dividend declaration and the re-appointment of Chairman Rahul Mithal.
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RITES Limited conducted its 52nd Annual General Meeting on September 25, 2026. Shareholders considered resolutions including dividend declaration and the re-appointment of Chairman Rahul Mithal.
RITES Limited's board has approved the closure of its Botswana-based wholly-owned subsidiary, RITES (Afrika) Proprietary Limited. The closure process is expected to complete within six months.
RITES signed an MoU with NHIDCL for highway and infrastructure consultancy in North-East and strategic areas. The framework agreement defines no specific contract value or project scope.
RITES bagged a ₹154.65 Crore consultancy contract from South Central Railway for Bidar-Kalaburagi railway electrification (110 RKM). Execution is cost-plus turnkey with ongoing timeline.
RITES updated its Railways Electrification order from South Central Railway, revising cost to Rs.154.65 Crore for 110 RKm. The increase from Rs.97.96 Crore boosts consultancy revenue.
RITES Ltd has informed exchanges about an unsolicited ESG rating of 69 assigned by Niche Ninety Nine Capability and Certifications (OPC) Private Limited.
RITES Limited has appointed M/s S R Goyal & Co. as its Statutory Auditor for a term of 12 months.
RITES Ltd provided a weblink and path for shareholders to access the Integrated Annual Report for the financial year 2025-26 as per SEBI regulations.
RITES Limited has scheduled its 52nd Annual General Meeting for September 25, 2026, to approve the financial statements, director appointments, and the final dividend declaration.
RITES Limited has opened a new branch office in the Republic of South Africa. This expansion aims to facilitate business development activities within the region.
RITES Limited recommended a final dividend of ₹2.75 per equity share for FY 2025-26. The record date is set for September 20, 2026.
RITES Limited will hold its 52nd AGM on September 25, 2026. The company has fixed September 20, 2026, as the record date for final dividend payment.
RITES Ltd has announced the extension of Shri Rahul Mithal's tenure as Chairman & Managing Director until June 30, 2027, or until further orders.
RITES Limited is divesting its entire 13% stake in Elicius Energy Private Limited for Rs 0.0006 Crore. The transaction is at arm's length.
RITES Limited has approved the sale of its entire 13% equity stake in its associate company, Elicius Energy Private Limited, for a total consideration of ₹60,544.77.
RITES reported Q1FY27 YoY growth of 9-10% in revenue and 8% in PAT. The company maintains an all-time high order book of INR 9,450 crore, focusing on execution.
RITES Ltd signed an MoU with HPCL to provide consultancy services for railway siding infrastructure across HPCL facilities. This collaboration aims to enhance logistics efficiency.
RITES Ltd announced its Q1FY27 financial results, reporting consolidated revenue of ₹561 crore and PAT of ₹98 crore. The Board also declared an interim dividend of ₹1.4/share.
RITES Ltd reported a healthy Q1FY27 with consolidated revenue up 9.6% and PAT up 7.7% YoY. Strategy focuses on turnkey execution, leasing, and consultancy diversification.
RITES Limited's Board has declared a first interim dividend of ₹1.40 per equity share for FY 2026-27. The record date is set for August 10, 2026.
Rites Ltd reported revenue from operations of ₹532.2 Cr (+8.7% YoY) and net profit of ₹97.8 Cr (+7.6% YoY) for Q1 FY27.
RITES Limited signed an MoU with MECON Limited to jointly explore business opportunities across diverse infrastructure and energy sectors.
RITES Ltd announced a board meeting on August 4, 2026, to consider unaudited financial results and a potential first interim dividend for FY 2026-27.
RITES Limited appointed Shri Vinod Kumar Paswan as GGM (Civil) and Regional Head. Simultaneously, Shri Alok Bansal ceased to be part of the senior management team.
RITES Limited secured a Rs. 79.22 Crore consultancy order from Patna Metro Rail Corporation. The project will be executed over 68 months.
RITES Ltd’s board noted a fine of ₹94,400 each from NSE and BSE for non‑compliance. The amount equals approximately 0.0094 Crore.
RITES won a Rs.34.18 Crore contract from South Africa’s Volantis for locomotives. Delivery is due in 20 months, expanding its international order book.
RITES bagged a Rs.341.85 Crore international order from South Africa. The 20-month contract covers supply and commissioning of 4000 HP locomotives.
RITES secured a USD 35.82 million order from Volantis Asset Finance for locomotives. The 20-month contract boosts its international order book significantly.
RITES Ltd announced the cessation of Dr. Dineshananda Goswami as Independent Director effective July 7, 2026. The updated board list is attached for reference.