RITES Limited has informed the Exchange regarding Change in Director(s) of the company.

RITES · price

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▲ 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

+2.5%1-day move

₹221.00

prior close

₹218.55

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.3+0.5+0.5+2.3+2.5+3.9+2.6+1.1-4.5-3.7-7.2-5.0-2.1—

Up moveDown movePending

AI summary

Shri Vinod Kumar has ceased to be the Government Nominee Director of RITES Limited effective May 4, 2026. The cessation occurred because he relinquished his position as EDME (PU&W) at Railway Board upon being appointed as Joint Secretary in the Department of Defence. This is a routine change as government nominee directors typically step down when their parent ministry posting changes. The board will continue with Shri Jayant Kumar as the remaining Government Nominee Director.

Likely market impact

This is a routine governance change with minimal impact on operations. The company continues to have a Government Nominee Director on board, and the remaining 6 directors including CMD and functional directors remain intact.