New Delhi : RITES Limited has officially announced that Vinod Kumar has ceased to serve as Government Nominee Director on its Board, effective May 4, 2026. The development was disclosed to both the National Stock Exchange of India (NSE) and BSE Limited in compliance with regulatory requirements.
Regulatory Disclosure
The company confirmed that the update was filed under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations 2015, which mandates timely disclosure of key corporate developments to stock exchanges.
Reason Behind the Exit
According to the official filing, Vinod Kumar stepped down following a significant change in his professional responsibilities. He relinquished his role as Executive Director (Mechanical Engineering – PU&W) at the Railway Board and has been appointed as Joint Secretary in the Department of Defence.
This transition necessitated his exit from the RITES Board, as government nominee positions are typically aligned with specific official roles within the administration.
Updated Board Composition
With this change, the Board of RITES Limited now consists of:
- Rahul Mithal – Chairman & Managing Director
- Dr. Deepak Tripathi – Director (Technical)
- Krishna Gopal Agarwal – Director (Finance)
- Prem Singh Meena – Director (Projects)
- Jayant Kumar – Government Nominee Director
- Rajbir Sharma – Independent Director
- Dr. Dineshananda Goswami – Independent Director
Company Statement
RITES clarified that the disclosure was made strictly for regulatory compliance and transparency purposes, ensuring that investors and stakeholders remain informed about changes in board composition.
About RITES Limited
RITES Limited is a Government of India enterprise and a leading player in transport infrastructure consultancy, offering services across railways, highways, ports, and urban transport sectors both domestically and internationally.
