RITES Limited has informed the Exchange about change in Management
RITES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
RITES Limited has informed stock exchanges about two changes in its Senior Management, both effective February 13, 2026. Shri Manish Tiwari, who was serving as Group General Manager (ES&T), has been redesignated as Chief Strategy Officer (CSO) and will also serve as ex-officio Chief Operating Officer of RITES EXPOCON. Shri Rajesh Naik, the previous Executive Director and CSO, has been relieved from RITES after being appointed as Director (Projects) at Ircon International Limited, another government-owned entity. The changes were disclosed under SEBI's Listing Regulations. Detailed profiles of both officials have been provided in Annexure-A of the filing.
The departure of Rajesh Naik as CSO is a notable leadership change, but his exit to take up a Director-level role at Ircon International is a normal inter-PSU transfer rather than a negative event. Manish Tiwari's elevation to CSO is an internal promotion, which should help with continuity. Investors may see this as a routine reshuffle with no material impact on business operations.