RITES Limited has informed the Exchange about change in Management
RITES · price
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RITES Limited has announced changes in its Senior Management effective May 1, 2026. Shri Subhra Jyoti Mandal, currently GGM/Civil, will take over as Regional Head of the East Coast Region Project Office in Bhubaneswar. He is a civil engineering professional with over 25 years of experience in railway infrastructure development, having worked in key positions across Indian Railways including ADRM and Deputy Chief Engineer roles. He has been involved in major projects like Dimapur-Kohima, Jiribam-Imphal, and Sevok-Rangpo new lines. Shri Anil Prakash, the current Regional Head, is being repatriated and will cease to be part of Senior Management from the same date. This is an internal transfer/repatriation rather than a resignation.
This is a routine internal management change at the regional level and is unlikely to have any material impact on the company's operations or stock price. Shareholders need not be concerned as this involves an operational role replacement within the company.