RITES Limited has announced the cessation of Independent Director Shri Likha Togu upon completion of his tenure, as communicated to stock exchanges on April 13, 2026. The announcement comes in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Director Tenure Details

Shri Likha Togu (DIN: 09470640) was appointed as an Additional Director (Independent Director) following Ministry of Railways, Government of India order no. 2024/PL/57/38 dated April 15, 2025. The Board of Directors approved his appointment in their meeting held on April 17, 2025, for a period of one year effective from April 15, 2025, or until further orders, whichever is earlier.

Shareholder Approval and Cessation

The appointment was subsequently ratified by shareholders at the company's 51st Annual General Meeting held on September 23, 2025. With his tenure completing on April 14, 2026, Shri Likha Togu will cease to be an Independent Director of the company effective from April 15, 2026.

The cessation is attributed to the natural completion of his tenure rather than resignation, removal, or other circumstances. This transition follows the standard governance practices for independent directors in public sector enterprises.

Updated Board Composition

Following Shri Likha Togu's departure, RITES Limited's Board will comprise eight directors across various categories:

Regulatory Compliance

The company has fulfilled all disclosure requirements under SEBI regulations, providing comprehensive details about the cessation to both NSE and BSE. Company Secretary & Compliance Officer Nikhil Agarwal (Membership No.: A42626) signed the regulatory filing, ensuring complete transparency in the board transition process.

The updated board structure maintains the required balance of executive directors, government nominees, and independent directors, ensuring continued effective governance and oversight of the company's operations.

RITES Limited has announced key changes in its senior management structure, with new leadership appointments taking effect from May 1, 2026. The company disclosed these changes under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Management Transition Details

The leadership transition involves two key personnel changes at the East Coast Region Project Office (ECRPO) in Bhubaneswar:

Shri Subhra Jyoti Mandal is currently serving as Additional Regional Head, ECRPO, Bhubaneswar until April 30, 2026, before assuming full charge as Regional Head following Shri Anil Prakash's repatriation.

Professional Background of New Appointee

Shri Subhra Jyoti Mandal brings substantial expertise to his new role with over 25 years of extensive experience in railway infrastructure development. His professional background encompasses:

• Leadership Positions: ADRM (Infra), Dy. Chief Engineer (Construction/Track/Design), and Senior Divisional Engineering roles across Indian Railways
• Project Expertise: Execution of new line projects, structural design approvals, track maintenance, and tendering processes
• Asset Management: Strong focus on safety, quality, and timely delivery of infrastructure projects
• Strategic Management: Successfully managed multidisciplinary teams and complex infrastructure works

Notable Project Involvement

Shri Mandal has been actively involved in several prestigious railway infrastructure projects that demonstrate his capability in handling complex engineering challenges:

• Dimapur–Kohima new line project
• Jiribam–Imphal railway line development
• Sevok–Rangpo new line construction

These projects represent significant contributions to India's railway network expansion and showcase his experience in managing large-scale infrastructure development initiatives.

Regulatory Compliance

The company has fulfilled all disclosure requirements pursuant to SEBI regulations, with Company Secretary & Compliance Officer Nikhil Agarwal (Membership No.: A42626) formally communicating these changes to both NSE and BSE on April 10, 2026.

This management transition reflects RITES Limited's commitment to maintaining strong leadership in its regional operations while ensuring continuity in project execution and strategic initiatives across its railway infrastructure portfolio.