RITES Limited announced the extension of the tenure for its Chairman & Managing Director, Shri Rahul Mithal. The extension, approved by the Ministry of Railways, will be effective beyond 6th October, 2026, and will continue until his superannuation on 30th June, 2027, or until further orders. This decision ensures leadership continuity at the helm of the public sector undertaking.
Leadership Continuity at RITES
RITES Limited has received approval for the extension of tenure for its Chairman & Managing Director, Shri Rahul Mithal (DIN 07610499). The decision was conveyed by the Ministry of Railways, Government of India, through its letter dated 20th August, 2026. This extension ensures a stable leadership at the company’s helm, facilitating the continuation of its strategic initiatives and ongoing projects.
Extended Tenure Details
Shri Rahul Mithal’s appointment as Chairman & Managing Director of RITES Limited has been extended beyond its current term, which was set to end on 6th October, 2026. The extended tenure will now continue until his scheduled superannuation date on 30th June, 2027, or until any further directives are issued, whichever comes earlier. The company is undertaking the necessary statutory formalities to formalize this extension.
Disclosure and Compliance
RITES Limited stated that further disclosures in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, will be filed separately. The company is committed to transparently managing its corporate governance and compliance procedures.
Source: BSE
