RITES Wins ₹105.69 Crore Contract For 5-Year Maintenance Of Test Track In Jodhpur Division RITES Limited has secured a major maintenance contract worth ₹105.69 crore from the Research Designs and Standards Organisation (RDSO) in Lucknow. The agreement involves the comprehensive upkeep of a dedicated test track between Gudha and Thathana Mithri stations in the Jodhpur division of North Western Railway. The five-year contract underscores RITES' expertise in specialized railway infrastructure maintenance and establishes a long-term revenue stream for the company. The contract covers the maintenance of critical railway testing infrastructure, which is essential for RDSO's research and validation activities. The 60-month execution period ensures continuous maintenance of the specialized track, supporting the development and testing of railway technologies. This marks a significant milestone in RITES' portfolio, highlighting its role in sustaining critical railway facilities. The transaction complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It represents a government-to-government company engagement, with RDSO as the awarding authority and RITES as the executing entity. The contract reinforces RITES' partnership with key railway organizations and its technical capabilities in managing specialized infrastructure. In parallel, RITES announced changes in its leadership structure. Company Secretary and Compliance Officer Ashok Mishra resigned effective March 19, 2026, following his email submission on February 26, 2026. The Board of Directors appointed Nikhil Agarwal, currently serving as Joint General Manager (Finance), as interim Company Secretary and Compliance Officer.#sebi_regulations #rites_limited #research_designs_and_standards_organisation #north_western_railway #jodhpur_division
