Announced Fri, 17 Jul · 13:02 IST
RITES Senior Management change: new GGM Civil joins, Alok Bansal transferred out
Management Changes View source PDF
RITES · price
▲ 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
+0.2%1-day move
₹219.20
prior close
₹218.14
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1+0.0+0.1-0.1+0.2-0.1-1.8-2.8-2.5—————
Up moveDown movePending
AI summary
RITES informed that Shri Vinod Kumar Paswan has joined as Group General Manager (Civil) and Regional Head of the Eastern Region Project Office, Kolkata on deputation from 17 July 2026. He is a 1998-batch IRSE officer with over 25 years of experience in railway infrastructure development and project management. Concurrently, Shri Alok Bansal, former GGM (Civil) and Regional Head ERPO, has been transferred to Project Unit Lucknow and has ceased to be part of Senior Management effective the same date.
Likely market impact
Routine mid-level management reshuffle. No change in board or KMP. Likely neutral impact on the stock.