RITES appoints Shri Atul Singh as Government Nominee Director

RITES Limited has appointed Shri Atul Singh as a part-time Government Nominee Director on its Board, effective May 29, 2026. The appointment was approved by the Board on June 05, 2026, and is valid until he holds the post of Principal Executive Director (Production Units/ Workshops & Innovation), Railway Board, or until further orders, whichever is earlier.

Shri Atul Singh is a 1991 batch officer of the Indian Railways Service of Mechanical Engineers (IRSME) and holds a Bachelor's degree in Mechanical Engineering. He brings over 30 years of experience working with the Indian Railways, including a central deputation in the Ministry of Commerce from 2012 to 2017.

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 such authority. This disclosure was made in compliance with BSE Circular no. LIST/COMP/14/2018-19 and NSE Circular no. NSE/CML/2018/02, both dated June 20, 2018.

Shri Atul Singh is not related to any other director of the company. The updated list of Directors of RITES Limited as on June 05, 2026, includes his name alongside other key board members.

Board of Directors as on June 05, 2026

S. No.	Name	Designation
1	Shri Rahul Mithal	Chairman & Managing Director
2	Dr. Deepak Tripathi	Director (Technical)
3	Shri Krishna Gopal Agarwal	Director (Finance)
4	Shri Prem Singh Meena	Director (Projects)
5	Shri Jayant Kumar	Government Nominee Director
6	Shri Rajbir Sharma	Independent Director
7	Shri Dineshananda Goswami	Independent Director
8	Shri Atul Singh	Government Nominee Director

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+5.13%	+2.20%	-4.37%	-8.19%	-28.78%	+68.80%

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.