ALFA Filings
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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.