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Rites Ltd

NSE: RITES · BSE: 541556 · Cement and Construction · 69 announcements

Rites Ltd news stories on ALFA NewsRead the news →
Share price
₹203.51
Market cap
₹9,781 Cr
Revenue (annual)
₹2,415 Cr
Net profit (annual)
₹410.3 Cr
P/E (TTM)
22.9×Sector 31.7×
Promoter holding
72.20%+0.00% QoQ
FII holding
3.43%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

10:25 IST BSE
Merger & Restructuring

Rites Merger & Restructuring

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.

Execution
Within six months
17:19 IST NSE
Merger & Restructuring

Rites Merger & Restructuring

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.

17:04 IST NSE
Merger & Restructuring

Rites Merger & Restructuring Worth ₹0.01 Cr

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.

Value
₹0.01 Cr
20:54 IST BSE
Merger & Restructuring

Rites Merger & Restructuring

RITES Ltd has announced the liquidation of its joint venture company, MMG - Metro Management Group Limited. The JV involved RITES, DMRC, and the Israeli firm Poran Shrem Engineering and Appraisal Limited. This closure follows an initial intimation dated December 27, 2024, and marks the formal dissolution of the entity.