ALPHA TRIBE

RITES LimitedOthers, 29-06-2025: Disclosure under SEBI Takeover Regulations

29-06-2025 | 07:59 pm

RITES Limited has announced a board meeting on which it disclosed that 72.20% of its paid-up share capital, totaling 34.70 crore equity shares of Rs. 10 each, is held by the President of India through the Ministry of Railways. There have been no pledges or encumbrances on these shares during the financial year. This confirms strong government ownership and control, which is significant for governance stability and strategic direction.

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