News Stocks RITES Limited Announces Cessation of Government Nominee Director Shri Shailendra SinghRITES Limited Announces Cessation of Government Nominee Director Shri Shailendra Singh
RITES Limited announced the cessation of Shri Shailendra Singh as Government Nominee Director effective February 01, 2026, following his superannuation from Railway Board. The board now consists of eight directors including Chairman & Managing Director Shri Rahul Mithal and continues to maintain proper corporate governance with remaining government and independent directors.
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RITES Limited has announced a change in its board composition with the cessation of Shri Shailendra Singh as Government Nominee Director. The railway consultancy and engineering company informed both NSE and BSE about this development through a regulatory filing dated February 01, 2026.
Director Cessation Details
Shri Shailendra Singh (DIN:07083410) ceased to be the Government Nominee Director of RITES Limited effective February 01, 2026. The cessation follows his superannuation from the post of Executive Director, Railway Board on January 31, 2026.
| Parameter: | Details |
|---|---|
| Director Name: | Shri Shailendra Singh |
| DIN: | 07083410 |
| Position: | Government Nominee Director |
| Cessation Date: | February 01, 2026 |
| Reason: | Superannuation from Railway Board |
Current Board Composition
Following Shri Shailendra Singh's cessation, RITES Limited's board now comprises eight directors across various categories:
| S. No. | Name | Designation |
|---|---|---|
| 1 | Shri Rahul Mithal | Chairman & Managing Director |
| 2 | Dr. Deepak Tripathi | Director (Technical) & Director (Projects)- Additional Charge |
| 3 | Shri Krishna Gopal Agarwal | Director (Finance) |
| 4 | Shri Jayant Kumar | Government Nominee Director |
| 5 | Shri Likha Togu | Independent Director |
| 6 | Shri Rajbir Sharma | Independent Director |
| 7 | Dr. Dineshananda Goswami | Independent Director |
| 8 | Smt. Purnima Kerketta | Independent Director |
Regulatory Compliance
The announcement was made pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was signed by Ashok Mishra, Company Secretary & Compliance Officer (Membership No.: F6411), and submitted to both stock exchanges on February 01, 2026.
The company maintains its corporate governance structure with the remaining government nominee director Shri Jayant Kumar continuing on the board alongside the executive and independent directors.
Historical Stock Returns for RITES
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.38% | +5.28% | -3.36% | -12.00% | -11.25% | +77.77% |
