RITES Limited has informed the Exchange regarding Change in Director(s) of the company.
RITES · price
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RITES Limited has informed stock exchanges about the appointment of Shri Vinod Kumar as a part-time Government Nominee Director on the company's board. The appointment has been approved by the Hon'ble President of India through a Ministry of Railways letter dated 25.02.2026. Shri Vinod Kumar currently serves as Executive Director (Production Units & Workshops) at Railway Board, is an Indian Railways Service of Mechanical Engineers (IRSME) officer of the 1997 batch, and holds a Bachelor's degree in Mechanical Engineering with over 25 years of experience. He will remain on the board as long as he holds his Railway Board post or until further orders. He has been confirmed as not debarred by SEBI or any other authority from holding a directorship, and he is not related to any existing director of the company.
This is a routine government nominee director appointment in a public sector undertaking (PSU), which is standard for companies under the Ministry of Railways. No material impact on shareholders or stock price is expected as this is a non-executive, government-nominated position with no change in management control.