RITES Limited has disclosed changes to its senior management structure effective May 5, 2026, pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The changes follow an internal restructuring of the BPA Vertical and the creation of a new business vertical, resulting in key personnel movements within the organisation.

Vertical Restructuring and New AP Vertical Creation

As part of the organisational restructuring, the Building Sub Unit has been reconstituted as the Building Vertical, and a new vertical — AP (Airports and Ports) — has been created, comprising the Airport and Ports Unit. These structural changes have triggered corresponding adjustments in senior management roles and responsibilities.

Key Senior Management Changes

The following changes have taken place in the senior management of the company, all effective May 5, 2026:

• Shri Anoop Sharma, GGM/Civil, who was previously the Regional Head/NRPO (part of Senior Management), has been transferred from NRPO/Gurgaon (Srijan) and has taken over charge as Vertical Head of the newly created AP (Airports and Ports) vertical.
• Shri Navneet Kumar, GM (ES&T), has taken over charge as Regional Head/NRPO consequent upon the transfer of Shri Anoop Sharma, and is thereby included in the Senior Management of the company.
• Shri Pankaj Chaudhary, who served as Vertical Head/BP&A, shall continue as Vertical Head of the reconstituted Building Vertical.

Profile of Shri Navneet Kumar

Shri Navneet Kumar holds a Bachelor of Engineering (B.E.) in Electrical Engineering from Dr. B.R. Ambedkar University, Agra. With over 23 years of extensive experience, he has developed strong expertise in project management, cost estimation, tendering, and operations & maintenance.

His professional career includes significant tenures at Uranium Corporation of India Limited (Department of Atomic Energy) and RITES Limited. He has played a key role in major infrastructure and engineering projects, including the establishment of new uranium mines and mills at Turamdih, East Singhbhum, involving 33 kV switchyards and transmission lines. He has also contributed to large-scale building projects such as Central Universities at Gulbarga, Kasaragod, Pondicherry, and Gaya, along with prestigious institutional projects including NABI/CIAB Mohali, JNU, DU, NIPGR, IUAC, and NSIC.

In addition, Shri Navneet Kumar has been involved in multiple railway electrification projects, including SWM–JP–RGS, MVJ–BI, BTI–FZR, and LMG–BPB including tunnel ventilation, as well as high-voltage transmission line projects (220 kV and 132 kV).

Regulatory Disclosure

The changes in designation have been classified under the category of "otherwise" as the reason for change. The effective date of the appointment and change in designation for Shri Navneet Kumar is May 5, 2026. The disclosure has been made by Nikhil Agarwal, Company Secretary & Compliance Officer (Membership No.: A42626), in compliance with applicable SEBI regulations and relevant circulars.

RITES Limited has intimated the stock exchanges of a change in its Board of Directors, with Shri Vinod Kumar (DIN: 03278897) ceasing to serve as Government Nominee Director of the company with effect from May 04, 2026. The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was signed by Nikhil Agarwal, Company Secretary & Compliance Officer (Membership No.: A42626).

Reason for Cessation

The cessation of Shri Vinod Kumar as Government Nominee Director is attributed to his relinquishment from the post of EDME (PU&W), Railway Board, following his appointment to the post of Joint Secretary, Department of Defence. The change is classified as "otherwise" under the applicable regulatory disclosure framework, as it arose from a government-level reassignment rather than resignation or removal.

The following table summarises the key regulatory disclosure details as required under Regulation 30 of the SEBI Listing Regulations:

Updated Board of Directors

Following the cessation of Shri Vinod Kumar, RITES Limited has disclosed the updated composition of its Board of Directors. The board continues to include functional directors, a Government Nominee Director, and Independent Directors, as detailed below:

Regulatory Compliance

The intimation was submitted to both the National Stock Exchange of India Limited and BSE Limited in accordance with applicable SEBI regulations. The company's registered office is located at SCOPE Minar, Laxmi Nagar, Delhi-110 092, and its corporate office is at Shikhar, Plot No. 1, Sector-29, Gurugram-122 001.