RITES Limited has announced the resignation of its Company Secretary and Compliance Officer, Shri Ashok Mishra, effective March 25, 2026. The Competent Authority accepted the resignation, which was tendered via email on February 26, 2026. Concurrently, the Board approved the appointment of Shri Nikhil Agarwal as the interim Company Secretary & Compliance Officer until a regular incumbent is appointed.
Change in Key Managerial Personnel
RITES Limited has officially intimated a change concerning its key managerial personnel, specifically the position of Company Secretary and Compliance Officer, as per regulatory requirements. This change involves the cessation of service for Shri Ashok Mishra in this role.
Cessation Details for Shri Ashok Mishra
- Reason for Change: Resignation.
- Resignation Date: Shri Ashok Mishra emailed his resignation on February 26, 2026.
- Acceptance Date: The resignation was accepted by the Competent Authority on March 19, 2026, with relief effective March 25, 2026 (A.N.).
- Employment Note: The cessation order confirms that Shri Mishra, Emp. No. 13684, had been confirmed in service effective February 26, 2026, but was serving probation until the resignation date.
Appointment of Interim Successor
The Board of Directors, in their meeting held on March 19, 2026, approved the appointment of Shri Nikhil Agarwal to handle the responsibilities in the interim capacity.
Details of Shri Nikhil Agarwal’s Appointment
- New Role: Company Secretary & Compliance Officer (till the appointment of a regular incumbent).
- Effective Date: The appointment is effective from March 19, 2026.
- Current Position: Shri Nikhil Agarwal is currently serving as the Joint General Manager (Finance) in RITES Limited.
- Qualifications: He is an Associate Member of ICSI (Membership No. A42626) and also holds qualifications from ICAI and ICAI (Cost). He possesses a Master in Commerce degree.
- Prior Experience in Role: Shri Agarwal has previously served as Company Secretary & Compliance Officer from September 12, 2023, to February 28, 2024 (forenoon), until the appointment of the previous regular incumbent.
The company has followed due process, ensuring all requirements related to disclosure schedules and necessary documentation are completed and forwarded to the stock exchanges.
Source: BSE
