General Updates

No. RITES/SECY/NSE Date: September 25, 2026 To To Listing Department, National Stock Exchange Corporate Relationship Department, of India Limited, Exchange Plaza, C-1, Block BSE Limited, Rotunda Building, P J Towers, G, Bandra - Kurla Complex, Bandra (E), Dalal Street, Fort, Mumbai - 400 001 Mumbai – 400051 Symbol- RITES Scrip Code- 541556 Subject: Intimation regarding initiation of the process for closure of RITES (Afrika) Proprietary Limited ( Wholly-owned subsidiary of RITES Limited) Dear Sir/ Madam, Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Master Circular dated January 30, 2026, this is to inform that the Board of Directors of RITES Limited, at its Meeting held today i.e. September 25, 2026, inter alia, approved the proposal to initiate the process for closure of RITES (Afrika) Proprietary Limited (“RAPL”), a wholly-owned subsidiary of RITES Limited, incorporated in Botswana, subject to completion of applicable statutory, regulatory, legal, tax and other formalities and obtaining requisite approvals, wherever applicable. The requisite details as required under the applicable provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, are enclosed as Annexure- The aforesaid meeting of the Board of Directors of the Company commenced at 09.15 A.M. and concluded at 10.10 A.M. This is for your information and records. Thanking You. Yours sincerely, For RITES Limited Annexure—A Sr. Details of the event that needs to be provided Information of such event 1. Date of such binding agreement, entered for sale of Not applicable. such unit/division/subsidiary, if any. 2. Details of the unit or division or subsidiary. RITES (Afrika) Proprietary Limited, a wholly-owned subsidiary of RITES Limited, incorporated in Botswana Amount in Rupees (in Percentage actual). 3. Turnover contributed by such unit/division/subsidiary in 51,33,714.79 0.02% the listed entity during the last financial year. 4. Revenue contributed by such unit/division/subsidiary in 58,76,920.97 0.02% the listed entity during the last financial year. 5. Net worth contributed by such unit/division/subsidiary 3,58,84,646.02 0.13% in the listed entity during the last financial year. 6. Date of closure or estimated time of closure. Within six months after receipt of all requisite clearances/approvals. 7. Reasons for closure. Lack of relevant business opportunities in the Country and establishment of RITES representative office in South Africa for effective presence in the region.