RITES Limited has informed the Exchange regarding major order secured from Ministry of Public Works, the Co-operative Republic of Guyana

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Price reactionminutes from the announcement price · days from the prior close

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prior close

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Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.2%-0.1% vs market

Civil Construction peers, median of 87sector+0.1%-0.1% vs sector

On the reaction day the stock moved 0.1 pts less than Nifty Smallcap 250 and 0.1 pts less than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Smallcap 250Sector · Civil Construction peers, median of 87Pending

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AI summary

RITES Limited has received a Letter of Acceptance from the Ministry of Public Works, Co-operative Republic of Guyana, for Construction Supervision work on the extension of the East Bank–East Coast Road Project Phase 2 (Eccles to Providence), along with additional work on an existing assignment. The contract value is USD 2,908,824.5 (approximately ₹24–25 crore) excluding taxes. The project duration is 18 months for construction supervision plus a 12-month defects liability period. The order is from an international government entity, and there is no promoter or related-party interest involved.

Likely market impact

This is a modest-sized international order for RITES, adding to its foreign consultancy pipeline and reinforcing its presence in the Guyana market where it already has ongoing work. While not large enough to materially move revenue expectations, it strengthens the company's export order book and demonstrates continued international business momentum.