RITES Limited has informed the Exchange regarding Change in Director(s) of the company.
RITES · price
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RITES Limited has informed the exchanges that Shri Sandeep Jain (DIN: 09435375) has ceased to be a Government Nominee Director on the company's board, effective August 22, 2025. The cessation is due to his transfer from the post of Executive Director Planning (Civil & PSU) at the Railway Board, the parent ministry that controls RITES. The current board comprises 8 directors including the Chairman & Managing Director, Director (Technical), Director (Finance), one Government Nominee Director (Shri Shailendra Singh), and four Independent Directors. No other board changes have been announced alongside this cessation.
This is a routine administrative change as RITES is a Government of India undertaking under the Ministry of Railways, and nominee directors typically change with bureaucratic transfers. No material impact on operations or shareholders is expected.