RITES Limited has announced securing a major infrastructure consultancy contract worth ₹45.19 crore from the Public Works (Roads) Directorate, Government of West Bengal. The contract represents a significant addition to the company's project portfolio in the eastern region and reinforces its position in India's infrastructure development sector.

Project Overview

The consultancy assignment involves comprehensive project management services for the construction of a 4-lane extra dosed bridge over river Muriganga. This critical infrastructure project will connect Kachuberia on Sagar Island with Kakdwip in the South 24 Parganas district, enhancing connectivity to the strategically important Sagar Island.

Scope of Services

RITES will serve as the Project Management Consultant and Authority Engineer for the entire project lifecycle. The company's responsibilities encompass the complete design and construction supervision of the proposed bridge infrastructure, including the approaches connecting the two locations.

Key Service Components:

• Entire design supervision and validation
• Construction supervision as Authority Engineer
• Project management consultancy services
• Quality assurance and compliance monitoring
• Technical oversight of bridge construction activities

Strategic Significance

This domestic contract demonstrates continued confidence in RITES' technical capabilities and project execution expertise. The project will enhance transportation connectivity between the mainland and Sagar Island, supporting regional economic development and improving access to this important geographical location in West Bengal.

The 48-month execution timeline indicates the comprehensive nature of the infrastructure development planned for this strategic corridor, positioning RITES as a key player in the region's connectivity enhancement initiatives.

RITES Limited has announced a comprehensive schedule of investor meetings with major institutional investors and fund houses from March 6-23, 2026. The company has informed stock exchanges about these meetings in compliance with SEBI regulations, demonstrating its commitment to transparent investor relations.

Meeting Schedule and Participants

The company has organized meetings with five prominent investors over a span of 17 days. The schedule includes both in-person meetings and virtual conferences to accommodate different investor preferences and requirements.

Regulatory Compliance

The announcement was made on March 04, 2026, in accordance with Regulation 30, 46 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory framework mandates listed companies to disclose material events and information that could impact investor decisions.

Meeting Content and Scope

RITES Limited has clarified that discussions during these investor meetings will be limited to information that is already available in the public domain. This approach ensures compliance with fair disclosure norms and prevents any selective sharing of material non-public information.

Key Meeting Highlights

The investor engagement strategy includes:

• Diverse investor base: Meetings with both domestic and international fund houses
• Flexible meeting formats: Combination of in-person and virtual meetings
• Extended timeframe: Meetings spread across multiple weeks to ensure adequate interaction
• Structured approach: Each meeting allocated specific time slots for focused discussions

The announcement was signed by Krishna Gopal Agarwal, Director (Finance) with DIN: 10239667, emphasizing the senior management's direct involvement in investor relations activities.