Wednesday, 7 October 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange

Rites Ltd

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

Rites Ltd news stories on ALFA NewsRead the news →
Share price
₹200.19
Market cap
₹9,621 Cr
Revenue (annual)
₹2,415 Cr
Net profit (annual)
₹410.3 Cr
P/E (TTM)
22.5×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.

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.

17:23 IST NSE
Management Change

Rites Management Change

RITES Limited announced the cessation of Likha Togu as a Non-Executive Independent Director, effective April 15, 2026. This leadership change follows the conclusion of the director's tenure/role, as disclosed under SEBI listing regulations.

17:16 IST BSE
Management Change

Rites Management Change

RITES Limited announced the cessation of Shri Likha Togu as an Independent Director effective April 15, 2026, following the completion of his tenure. The company provided an updated list of the Board of Directors comprising eight members post-cessation. This is a routine regulatory filing under SEBI LODR Regulation 30.

22:22 IST NSE
Management Change

Rites Management Change

RITES Limited has appointed Shri Subhra Jyoti Mandal as a senior management official for a three-year term effective May 1, 2026. He succeeds Anil Prakash, who completes his tenure on the same date. Mandal brings over 25 years of railway infrastructure experience from leadership roles within Indian Railways.

Execution
3
22:16 IST BSE
Management Change

Rites Management Change

RITES Limited announced leadership changes effective May 1, 2026. Shri Subhra Jyoti Mandal, GGM/ Civil, will join the Senior Management as Regional Head, ECRPO, Bhubaneswar. Simultaneously, Shri Anil Prakash will cease to be part of the Senior Management upon his repatriation.

16:17 IST NSE
Management Change

Rites Management Change

RITES Limited has announced a reorganization of its senior management. Mrs. Shobhana Palli has been designated as Vertical Head (RI and Metro), while Col. Mahesh Narayan, an infrastructure strategist and veteran, has been appointed as the new Regional Head SRPO. These changes were effective as of April 8, 2026.

23:15 IST BSE
Management Change

Rites Management Change

RITES Ltd has reorganized its senior management effective April 08, 2026. Mrs. Shobhana Palli has taken over as Vertical Head for RI & Metro, while Colonel Mahesh Narayan, a veteran infrastructure strategist, has been appointed as Regional Head (Southern Region) and included in the senior management team.

18:48 IST BSE
New Order Win

Rites Bags ₹118.9 Cr Order

RITES Limited secured a contract value enhancement from NALCO for railway siding consultancy at the Utkal-D Coal Mines. The project value increased from ₹79.73 Crore to ₹118.89 Crore (excluding GST). The work involves detailed engineering and project management consultancy on a cost-plus turnkey basis.

Value
₹118.9 Cr
Execution
Ongoing
17:14 IST BSE
Other Announcement

Rites Other Announcement

RITES Ltd has submitted the compliance certificate under Regulation 74(5) for the quarter ended March 31, 2026. The registrar, Beetal Financial & Computer Services, confirmed the processing and listing of dematerialized securities. This is a routine administrative disclosure with no direct material impact on financials.