RITES Limited has informed the Exchange regarding Change in Director(s) of the company.
RITES · price
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RITES Limited has appointed Shri Prem Singh Meena (DIN: 10855590) as Director (Projects) of the company with effect from March 19, 2026, based on a Ministry of Railways order dated the same day. He will hold the post until his superannuation on June 30, 2028, or until further orders, whichever is earlier. Meena, a 1990-batch IRSEE officer with over 34 years of experience, was previously serving as Executive Director (Rail Infra, Metro and Project Co-ordination) at RITES, making this an internal elevation rather than an external hire. Dr. Deepak Tripathi, who was holding additional charge of the Director (Projects) post alongside his Director (Technical) role, has relinquished that additional charge. The company confirmed Meena is not debarred from holding a directorship under any SEBI order.
This is a routine internal succession at a government-owned PSU, filling a key functional directorship with an experienced insider. Shareholders are unlikely to see any material impact on the stock, though it brings stability to the projects portfolio leadership.