RITES Limited has announced the appointment of Shri Vinod Kumar as part-time Government Nominee Director on the company's board, marking a significant governance development for the railway consultancy firm.

Appointment Details

The Ministry of Railways, through its letter dated February 25, 2026, informed that the Hon'ble President of India has approved the appointment of Shri Vinod Kumar as Government Nominee Director. The appointment is effective from February 25, 2026, and he will serve in this capacity until he holds his current position as Executive Director (Production Units & Workshops) at Railway Board, or until further orders, whichever is earlier.

Professional Background

Shri Vinod Kumar brings extensive experience to the RITES board, currently serving as Executive Director (Production Units & Workshops) at Railway Board. He holds a Bachelor's degree in Mechanical Engineering and belongs to the Indian Railways Service of Mechanical Engineers (IRSME) of the 1997 batch, bringing over 25 years of rich and varied experience with Indian Railways.

His professional journey includes:

• More than 25 years of experience with Indian Railways
• Deputation experience with CONCOR
• Previous board positions with two CPSEs - BSCL and BCL during 2010-14
• Current role as EDME (PU&W) at Railway Board

Regulatory Compliance

RITES Limited has ensured full compliance with regulatory requirements for the appointment. The company confirmed that Shri Vinod Kumar is not debarred from holding the office of director by virtue of any SEBI order or any other authority, as required under BSE Circular no. LIST/COMP/14/2018-19 and NSE Circular no. NSE/CML/2018/02, both dated June 20, 2018.

Corporate Governance Impact

The appointment strengthens RITES' board composition with government representation, ensuring alignment with public sector governance standards. As a Government Nominee Director, Shri Vinod Kumar will contribute to strategic decision-making while maintaining the company's connection with its parent ministry.

The company is taking necessary action to complete all statutory requirements related to the appointment of the Government Nominee Director on the board, ensuring seamless integration into the governance structure.

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.