NSEBagging/Receiving of orders/contracts25 Jun 2026 · 25 Jun 2026, 05:41 pm

Bagging/Receiving of orders/contracts

RITES Limited · RITES

✦ AI Summary▲ PositiveOrder Win

RITES Limited has informed the Exchange about bagging/receiving of orders/contracts, specifically a comprehensive operation and maintenance contract for NUPPL/GTPP Railway Siding and hiring of locomotives on a wet-lease basis for 48 months, with a contract value enhanced from Rs. 120.13 Crores to Rs. 148.93 Crore excluding GST.

Analysis Scores

Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment8/10

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RITES Limited has informed the Exchange about Bagging/Receiving of orders/contracts

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RITES_25062026174055_IntimationSigned.pdf

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No. RITES/SECY/NSE Date: June 25, 2026 To To Corporate Relationship Department, Listing Department, BSE Limited, National Stock Exchange of India Limited, Rotunda Building, Exchange Plaza, C-1, Block G, Bandra - P J Towers, Dalal Street, Fort, Kurla Complex, Bandra (E), Mumbai - 400 001 Mumbai – 400051 Symbol- RITES Scrip Code- 541556 Subject: Update regarding Major Order Secured Dear Sir/ Madam, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in continuation to our intimation dated February 13, 2025, we are pleased to inform you that RITES and Neyveli Uttar Pradesh Power Limited (NUPPL) has executed amendment to the Memorandum of Understanding (MoU) for inclusion of hiring of locomotives on a wet-lease basis for in plant movement and shunting of rakes at NUPPL-GTPP Railway Siding in the existing work. The details of the work are as follows: Particulars Details a) Name of the entity awarding Neyveli Uttar Pradesh Power Limited order(s)/contract(s) (NUPPL) a joint venture of NLC India Limited (Govt. of India Enterprise) and Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (Government of Uttar Pradesh Enterprise). b) Significant terms and conditions of Comprehensive Operation & Maintenance of order(s)/contract(s) awarded in brief NUPPL/GTPP Railway Siding and hiring of locomotives on a wet-lease basis for 48 months. c) Whether order(s) / contract(s) have Domestic Entity been awarded by domestic/ international entity d) Nature of order(s) / contract(s) Comprehensive Operation & Maintenance of NUPPL/GTPP Railway Siding and hiring of locomotives on a wet-lease basis for 48 months. Particulars Details e) Whether domestic or international Domestic Entity f) Time period by which the 5 years from the original MOU entered on order(s)/contract(s) is to be executed 13.02.2025. g) Broad consideration or size of the Contract Value has been enhanced from Rs. order(s)/contract(s) 120.13 Crores to Rs. 148.93 Crore excluding GST. h) Whether the promoter/ promoter No group / group companies have any interest in the entity that awarded the order(s)/contract(s)? If yes, nature of interest and details thereof i) Whether the order(s)/contract(s) Not a Related Party Transaction would fall within related party transactions? If yes, whether the same is done at “arm’s length”. This is for your information and records. Thanking You. Yours sincerely, For RITES Limited Nikhil Agarwal Company Secretary & Compliance Officer Membership No.: A42626