RITES Limited announced the outcome of its Board Meeting held on November 04, 2026. The Board approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. Additionally, the company declared its 2nd interim dividend of ₹1.90 per share for the Financial Year 2026-27, with a record date of November 11, 2026.
RITES Board Approves Financials and Declares Dividend
In a significant announcement following its Board Meeting on November 4, 2026, RITES Limited has approved the unaudited standalone and consolidated financial results for the period ending September 30, 2026. The meeting, which commenced at 03:00 PM and concluded at 04:30 PM, also addressed key financial decisions.
Key Financial Highlights
- Unaudited Financial Results: The Board gave its nod to the unaudited standalone and consolidated financial results for both the quarter and the half year ended September 30, 2026. The detailed review reports are expected to be enclosed with the official filings.
- Interim Dividend Declared: A 2nd interim dividend of ₹1.90 per share (representing 19% of the paid-up share capital) has been declared for the Financial Year 2026-27. The designated record date for this dividend payment is Wednesday, November 11, 2026, and the dividend is scheduled to be paid on or before December 3, 2026.
Operational Update
The Board also took note that the proposal for forming a Joint Venture (JV) with NICC Infrastructure Construction LLC and its associated capital contribution is not materializing. This update is a continuation of previous intimations regarding the JV formation and capital investment.
Source: BSE
