NSEPress Release7 Aug 2026 · 7 Aug 2026, 07:37 pm

Press Release

RITES Limited · RITES

✦ AI Summary▲ PositiveOrder Win

RITES Limited, a leading transport infrastructure consultancy and engineering company, has signed a Memorandum of Understanding (MoU) with Hindustan Petroleum Corporation Limited (HPCL) to provide consultancy services for the development of railway siding infrastructure across HPCL's facilities.

Analysis Scores

Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

RITES Limited has informed the Exchange regarding a press release dated August 07, 2026, titled "RITES & HPCL sign MoU for rail infra consultancy".

Attachments (1)

📄

RITES_07082026193342_Intimation_RITES_HPCL_MOU_Press_Release_signed_07082026.pdf

pdf

Download →
View document text
No. RITES/SECY/NSE Date: August 07, 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: Press Release titled “RITES & HPCL sign MoU for rail infra consultancy” Dear Sir/ Madam, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 please find enclosed herewith Press Release titled “RITES & HPCL sign MoU for rail infra consultancy” dated August 07, 2026. Kindly take the same on record. Thanking You, Yours sincerely For RITES Limited Nikhil Agarwal Company Secretary & Compliance Officer Membership No.: A42626 RITES Limited CIN: L74899DL1974GOI007227 Press Release RITES & HPCL sign MoU for rail infra consultancy Gurugram, August 07, 2026: RITES Ltd., a leading transport infrastructure consultancy and engineering company, today signed a Memorandum of Understanding (MoU) with Hindustan Petroleum Corporation Limited (HPCL), a Maharatna CPSE under the Ministry of Petroleum & Natural Gas, to provide consultancy services for the development of railway siding infrastructure across HPCL’s facilities. RITES and HPCL officials at MoU-signing ceremony in Mumbai. Under the MoU, RITES will provide end-to-end consultancy services from concept to commissioning for railway siding projects, including feasibility studies, final location surveys, detailed project reports (DPRs), detailed engineering, project management consultancy, construction supervision, and coordination with Indian Railways for statutory approvals. The collaboration aims at strengthening rail-based logistics infrastructure for the efficient movement of petroleum products by supporting the development of new railway sidings, rail connectivity, and the upgradation of existing infrastructure. By leveraging RITES' expertise in railway infrastructure and project management, the partnership seeks to enhance logistics efficiency and support HPCL's infrastructure development initiatives across its facilities. About RITES Limited: RITES Limited, a Navratna Public Sector Enterprise, is a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach. The company has an experience spanning 52 years and undertaken projects in over 55 countries in Asia, Africa, Latin America, and Middle East region. For more information, visit RITES website www.rites.com or contact: Ms. Kriti Sharma Ms. Shashwati RITES Limited Avian Media Pvt Ltd. Mobile: +91 7837999270 Mobile: +91 9718080401 E-mail: cc@rites.com E-mail: shashwati@avianwe.com