NSEBagging/Receiving of orders/contracts30 Jun 2026 · 30 Jun 2026, 11:32 pm
Bagging/Receiving of orders/contracts
RITES Limited · RITES
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RITES Limited has secured a major order from Babasaheb Bhimrao Ambedkar University (BBAU) for project management consultancy services for planning, design, and development of infrastructural facilities and other related works on a cost-plus fee basis, worth ₹175.41 Crore.
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Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment8/10
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Full Announcement
RITES Limited has informed the Exchange regarding major order secured from Babasaheb Bhimrao Ambedkar University (BBAU).
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RITES_30062026232552_Intimation_Major_Order_BBAU_signed.pdf
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No. RITES/SECY/NSE Date: June 30, 2026
To To
Listing Department, Corporate Relationship Department,
National Stock Exchange of India Limited, BSE Limited,
Exchange Plaza, C-1, Block G, Bandra - Rotunda Building,
Kurla Complex, Bandra (E), P J Towers, Dalal Street, Fort,
Mumbai – 400051 Mumbai - 400 001
Symbol- RITES Scrip Code- 541556
Subject: Intimation 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, we are pleased to inform you that RITES
has received work of Project Management Consultancy services for planning, design and
development of infrastructural facilities and other related works in campus of Babasaheb
Bhimrao Ambedkar University (BBAU) on Cost Plus PMC Fee basis. The details of the work
are as follows:
Particulars Details
a) Name of the entity awarding order(s)/ Babasaheb Bhimrao Ambedkar University
contract(s) (BBAU)
b) Significant terms and conditions of Project Management Consultancy services
order(s)/contract(s) awarded in brief for planning, design and development of
infrastructural facilities and other related
works in campus of Babasaheb Bhimrao
Ambedkar University (BBAU) on Cost Plus
PMC Fee basis
c) Whether order(s) / contract(s) have Domestic Entity
been awarded by domestic/
international entity
d) Nature of order(s) / contract(s) Project Management Consultancy services
for planning, design and development of
infrastructural facilities and other related
works in campus of Babasaheb Bhimrao
Ambedkar University (BBAU) on Cost Plus
PMC Fee basis
Particulars Details
e) Whether domestic or international Domestic
f) Time period by which the order(s)/ 30 months for initial work or till the
contract(s) is to be executed completion of allotted work whichever is later
from the date of signing of agreement
g) Broad consideration or size of the Total Project cost of ₹. 175.41 Crore
order(s)/contract(s) excluding GST (including RITES Fees)
approx.
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