Government holds 72.20% stake in RITES as of March 31, 2026

The Government of India, through the Ministry of Railways, holds a 72.20% stake in RITES Limited as of March 31, 2026. This substantial shareholding amounts to 34,70,09,546 equity shares of ₹10 each. The disclosure was submitted to the stock exchanges in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The filing confirms that the shares are held by the Hon'ble President of India. It further clarifies that no encumbrance or pledge was created on these shares, directly or indirectly, during the financial year ended March 31, 2026. This ensures that the shareholding remains free from any security interest.

Shareholding Details

Shareholder	Stake Percentage	Number of Shares	Face Value
Government of India	72.20%	34,70,09,546	₹10

The disclosure was formally communicated to the National Stock Exchange of India Limited and BSE Limited. The authorized signatory for the filing was the Ministry of Railways, Railway Board, acting on behalf of the Hon'ble President of India.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.53%	-1.36%	-8.26%	-15.13%	-29.40%	+64.38%

RITES Limited has appointed Shri Atul Singh as a part-time Government Nominee Director on its Board, effective from the date of allotment of DIN. The appointment follows a communication from the Ministry of Railways, letter no. 2022/PL/57/10 dated May 27, 2026, confirming the approval of the President of India. Shri Atul Singh will serve on the Board until he holds the post of Principal Executive Director (Production Units/ Workshops & Innovation), Railway Board, or until further orders, whichever is earlier.

The company confirmed that Shri Atul Singh is not debarred from holding the office of director by virtue of any SEBI order or any other authority. This confirmation was provided in compliance with BSE Circular no. LIST/COMP/14/2018-19 and NSE Circular no. NSE/CML/2018/02, both dated June 20, 2018. RITES is currently taking necessary steps to complete the statutory requirements related to the appointment.

Profile of the Appointee

Shri Atul Singh is presently serving as Principal Executive Director (Production Units/ Workshops & Innovation) at the Railway Board. He holds a Bachelor's degree in Mechanical Engineering and belongs to the Indian Railways Service of Mechanical Engineers (IRSME) of the 1991 batch. He brings over 30 years of experience working with the Indian Railways, including a stint on central deputation in the Ministry of Commerce from 2012 to 2017.

Key Disclosures

S. No.	Particulars	Details
1	Reason for change	Appointment
2	Date of appointment	w.e.f. Date of allotment of DIN
3	Brief profile	Principal Executive Director (Production Units/ Workshops & Innovation), Railway Board; B.E. in Mechanical Engineering; IRSME 1991 batch; over 30 years of experience.
4	Relationship with other directors	Not related to any other director of the Company

The disclosure was made pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.