RITES Limited , a leading transport infrastructure consultancy and engineering firm, has taken a significant step towards improving its maritime logistics capabilities. The company recently signed a Memorandum of Understanding (MoU) with the Shipping Corporation of India Limited (SCI) during India Maritime Week, aiming to explore collaboration in maritime logistics and multimodal transport solutions.

Key Highlights of the Collaboration

The partnership between RITES and SCI is set to bring about several improvements in maritime logistics:

1. Enhanced Shipping Operations: The collaboration aims to ensure timely and efficient movement of RITES' cargo across global destinations.
2. Innovative Solutions: Both parties will work on designing cost-effective and resilient supply chain and logistics models tailored to RITES' operational needs.
3. Knowledge Exchange: The agreement includes initiatives for sharing best practices in areas such as supply chain resilience, digital cargo tracking, and logistics planning for high-value consignments.

Implications for RITES Limited

This strategic partnership holds significant potential for RITES Limited:

• Global Reach: As a company with projects in over 55 countries across Asia, Africa, South America, and the Middle East, this collaboration could enhance RITES' ability to manage international logistics more effectively.
• Operational Efficiency: The focus on innovative and cost-effective solutions may lead to improved operational efficiency for RITES.
• Technological Advancement: The emphasis on digital cargo tracking suggests a move towards more technologically advanced logistics management.

About RITES Limited

RITES Limited, a Navratna Public Sector Enterprise, has been a key player in the transport consultancy and engineering sector in India for over five decades. The company offers diversified services and has an extensive geographical reach, making this partnership with SCI particularly relevant to its operations.

This collaboration between RITES and SCI represents a strategic move in the maritime logistics sector, potentially leading to improved efficiency and innovation in cargo movement and supply chain management. As the partnership develops, it will be interesting to observe its impact on RITES' operations and the broader maritime logistics landscape in India.

RITES Limited , a prominent player in the Indian infrastructure sector, has announced a significant change in its board composition. The company has appointed Shri Jayant Kumar as a part-time Government Nominee Director, effective October 17, 2025. This appointment, approved by the President of India through the Ministry of Railways, marks an important development in the company's governance structure.

Key Details of the Appointment

Professional Background

Shri Jayant Kumar brings a wealth of experience to his new role at RITES Limited. His professional profile includes:

• Over 25 years of experience with Indian Railways and the Government of India
• Bachelor's degree in Mechanical Engineering
• Member of the Indian Railways Service of Mechanical Engineers (IRSME), 1994 batch

Appointment Process and Compliance

The appointment of Shri Jayant Kumar aligns with regulatory requirements:

• Approved by the President of India via Ministry of Railways letter no. 2022/PL/57/10
• Complies with SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015
• Confirmed not debarred from holding directorship by SEBI or any other authority

RITES Limited has stated that it is taking necessary actions to complete the statutory requirements for this appointment.

Impact on Board Dynamics

This appointment introduces a direct link between RITES Limited and the Railway Board, potentially strengthening the company's alignment with government initiatives in the infrastructure sector. Shri Jayant Kumar's extensive experience in the Indian Railways is expected to bring valuable insights to RITES Limited's board discussions and decision-making processes.

The company has confirmed that Shri Jayant Kumar is not related to any other directors on the board, ensuring independence in his role as a Government Nominee Director.

As RITES Limited continues to play a crucial role in India's infrastructure development, this strategic appointment may enhance its ability to navigate the complex landscape of government projects and policies in the railway and transportation sectors.