RITES Limited has announced a senior management change with the cessation of Shri Shiv Ratan from his position as Chief Vigilance Officer. The change reflects the completion of his scheduled deputation tenure at the government enterprise.

Management Transition Details

The company informed stock exchanges that Shri Shiv Ratan (ITS-1996) ceased to be among the senior management personnel upon completion of his deputation tenure as Chief Vigilance Officer. The transition was part of the scheduled completion of his assignment at RITES Limited.

Regulatory Compliance and Reporting

RITES Limited filed the necessary intimation with the National Stock Exchange and BSE Limited on December 9, 2025, pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company acknowledged that while the cessation was effective from December 5, 2025, the necessary intimation to exchanges could not be made within the stipulated time inadvertently.

Process Improvements

In response to the delayed reporting, RITES Limited has confirmed strengthening necessary systems to prevent recurrence of such delays in future compliance reporting. The company emphasized its commitment to timely regulatory disclosures and maintaining transparency with stakeholders.

The announcement was signed by Krishna Gopal Agarwal, Director (Finance) with DIN: 10239667, representing the company's commitment to proper governance and regulatory compliance in senior management transitions.

RITES Ltd. , a leading infrastructure consultancy and engineering company, has taken a significant step towards enhancing infrastructure development in Andhra Pradesh. The company recently announced that it has entered into an agreement with the Andhra Pradesh Economic Development Board (APEDB), focusing on infrastructure development initiatives within the state.

Key Points of the Agreement

• Parties Involved: RITES Ltd. and Andhra Pradesh Economic Development Board (APEDB)
• Focus Area: Infrastructure development initiatives in Andhra Pradesh
• Objective: To enhance infrastructure projects within the state

Potential Impact

This partnership between RITES and APEDB is expected to play a crucial role in driving infrastructure growth in Andhra Pradesh. By leveraging RITES' expertise in infrastructure consultancy and engineering, the collaboration aims to:

1. Identify and prioritize key infrastructure projects
2. Provide technical expertise and support for project implementation
3. Enhance the overall infrastructure landscape of Andhra Pradesh

Significance for RITES

For RITES, this agreement represents an opportunity to:

• Expand its project portfolio in Andhra Pradesh
• Contribute to the state's economic development
• Strengthen its position as a leading infrastructure consultancy firm

While specific details of the projects and financial implications have not been disclosed, this partnership underscores RITES' commitment to participating in India's infrastructure development initiatives.

Investors and stakeholders will likely be keen to observe how this agreement translates into concrete projects and potential revenue growth for RITES in the future.