RITES Limited has announced the resignation of Independent Director Smt. Purnima Kerketta, effective February 24, 2026. The company informed both NSE and BSE about this board change under Regulation 30 of SEBI Listing Regulations, highlighting the impact on the company's governance structure.

Resignation Details

Smt. Purnima Kerketta (DIN: 11192904) submitted her resignation via email on February 24, 2026, citing personal reasons for her decision. In her resignation letter, she stated that due to personal circumstances, she was unable to continue discharging her responsibilities effectively as a Part-time Non-official Director.

Committee Positions Affected

With her resignation, Smt. Purnima Kerketta will cease to hold key committee positions within the company. She served as Chairperson of the Nomination and Remuneration Committee and was a member of the Corporate Social Responsibility Committee. The company will need to restructure these committees following her departure.

Compliance Confirmation

As required under SEBI regulations, Smt. Purnima Kerketta has confirmed that there are no material reasons for her resignation other than those mentioned in her resignation letter. This confirmation ensures transparency and compliance with regulatory disclosure requirements.

Updated Board Composition

Following the resignation, RITES Limited's Board of Directors will comprise seven members. The updated board structure includes:

The board continues to maintain three independent directors, ensuring compliance with corporate governance norms. The company has filed all necessary documentation with stock exchanges, including the resignation letter and updated director list, maintaining full regulatory compliance during this transition.

RITES Limited has announced key changes in its senior management structure, with new appointments and transitions taking effect from February 13, 2026. The company has informed stock exchanges about these developments in compliance with SEBI regulations.

Senior Management Appointments

The company has appointed Shri Manish Tiwari as Chief Strategy Officer (CSO), marking a significant addition to the senior management team. In his new role, Tiwari will also function ex-officio as Chief Operating Officer of RITES EXPOCON.

Executive Profile and Experience

Shri Manish Tiwari brings extensive technical and managerial expertise to his new role. He holds a Graduate degree in Electrical Engineering from NIT, Bhopal, and a Masters in Quality Engineering from B.I.T, Mesra.

Tiwari's professional experience encompasses several critical areas:

• Power procurement and planning for Indian Railways
• Advisory services on regulatory issues related to deemed licensee status
• Power scheduling and procurement from energy exchanges
• Quality assurance and third-party inspection of railway equipment
• Quality systems, quality control, and drafting power purchase agreements

Management Transition

Concurrently with Tiwari's appointment, Shri Rajesh Naik has been relieved from his position as Executive Director and CSO at RITES. This transition follows his appointment as Director (Projects) at Ircon International Limited.

Regulatory Compliance

RITES Limited has filed the necessary disclosures with both NSE and BSE under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided comprehensive details about both executives as required by regulatory guidelines.

The announcement was signed by Ashok Mishra, Company Secretary & Compliance Officer, ensuring proper documentation and stakeholder communication of these senior management changes.