NewsRITES Limited Announces Senior Management Change: CSO and COO Transferred to Subsidiary REMCLRITES Limited Announces Senior Management Change: CSO and COO Transferred to Subsidiary REMCL
RITES Limited announced the cessation of Shri Manish Tiwari as Chief Strategy Officer (CSO) and ex-officio Chief Operating Officer (COO) effective May 14, 2026, following his transfer to REMCL, a subsidiary of RITES Limited, where he assumes the role of GGM (ES&T) in New Delhi. The disclosure was made pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, and filed with both NSE and BSE.
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RITES Limited has informed the stock exchanges of a change in its senior management, pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and amendments thereof. The disclosure was made on May 14, 2026, and signed by Nikhil Agarwal, Company Secretary & Compliance Officer (Membership No.: A42626).
Senior Management Change: Cessation of Shri Manish Tiwari
Shri Manish Tiwari, who served as Chief Strategy Officer (CSO) and ex-officio Chief Operating Officer (COO) of RITES EXPOCON, GGM/ES&T, has been transferred to REMCL — a subsidiary of RITES Limited — based in New Delhi, in the role of GGM (ES&T). Consequent to this transfer, Shri Manish Tiwari has ceased to be among the senior management of RITES Limited with effect from May 14, 2026.
The following table summarises the key details of this senior management change as disclosed by the company:
| Parameter: | Details |
|---|---|
| Name: | Shri Manish Tiwari |
| Previous Designation: | Chief Strategy Officer (CSO) and ex-officio Chief Operating Officer (COO), RITES EXPOCON, GGM/ES&T |
| Reason for Change: | Transfer |
| New Role: | GGM (ES&T), REMCL (subsidiary of RITES Limited), New Delhi |
| Date of Cessation: | May 14, 2026 |
Regulatory Compliance
The disclosure has been made in accordance with the applicable SEBI circular, with relevant annexures filed alongside the intimation to both the National Stock Exchange of India Limited and BSE Limited. The company has requested the exchanges to take the information on record.
Historical Stock Returns for RITES
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.05% | -7.70% | +2.93% | -14.25% | -14.05% | +73.48% |
Who will be appointed as the new Chief Strategy Officer and ex-officio COO of RITES EXPOCON to fill the vacancy left by Shri Manish Tiwari's transfer?
How might the leadership transition at RITES EXPOCON impact the execution of ongoing infrastructure and export consultancy projects in the near term?
What strategic direction is REMCL likely to pursue under Shri Manish Tiwari's leadership in the ES&T domain, and could this signal an expansion of RITES' renewable energy subsidiary?
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