RITESNSERITES LimitedMediumNeutral
Announced Thu, 19 Mar · 19:10 IST

RITES Limited has informed the Exchange about change of Company Secretary and Compliance Officer of the Company

Kmp ResignedManagement Changes View source PDF

RITES · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-4.1%1-day move
₹191.70
prior close
₹192.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.1+1.4+1.5+0.9-4.1-1.4-0.4-3.8-8.1-0.7+12.9+14.0+6.7+11.2
Up moveDown movePending
AI summary

RITES Limited has informed the exchanges that Shri Ashok Mishra has resigned from the post of Company Secretary and Compliance Officer (a Key Managerial Personnel). He submitted his resignation by email on 26 February 2026 and it was accepted by the competent authority on 19 March 2026. On the same day, the Board appointed Shri Nikhil Agarwal, currently Joint General Manager (Finance) at RITES, as the new Company Secretary and Compliance Officer on an interim basis until a regular incumbent is appointed. Nikhil Agarwal is an Associate Member of ICSI, ICAI and ICMAI with over 15 years of experience, and he had earlier served in this role at RITES from September 2023 to February 2024. The change ensures continuity in compliance functions with an internal appointee familiar with the company.

Likely market impact

This is a routine key managerial personnel transition with an internal replacement, so it is unlikely to materially affect the stock price. Shareholders should note uninterrupted compliance oversight as the new Company Secretary takes charge immediately.