RITES Limited — Others, 28-02-2025: Change in Management

Shri S. Sridhar has superannuated from his position as Deputy Chief Vigilance Officer (CVO) and Vertical Head (Vigilance) at RITES Limited, effective at the end of February 28, 2025. Following this change, Shri Abhas Kumar has been appointed as the new Deputy CVO and Vertical Head (Vigilance) starting March 1, 2025. This leadership transition may provide a fresh perspective in the vigilance department, potentially enhancing operational efficiencies. Investors could view this shift as a positive outlook, given Kumar's extensive 37-year experience with RITES, which may support stability and continuity in management.