NSEPress Release1d ago · 20 Jul 2026, 09:36 pm
Press Release
RITES Limited · RITES
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RITES Limited has signed a Memorandum of Understanding (MoU) with MECON Ltd to collaborate in identifying business opportunities and jointly pursuing projects in transport infrastructure and engineering consultancy.
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RITES Limited has informed the Exchange regarding a press release titled "RITES & MECON sign MoU to explore business avenues" dated July 20, 2026,
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No. RITES/SECY/NSE Date: July 20, 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 & MECON sign MoU to explore business avenues”
dated July 20, 2026
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 & MECON sign MoU to explore business avenues” dated July 20, 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 & MECON sign MoU
to explore business avenues
Gurugram, July 20, 2026: RITES Ltd., a premier transport infrastructure consultancy, has signed a
Memorandum of Understanding (MoU) with MECON Ltd, an undertaking under the Ministry of Steel,
to collaborate in identifying business opportunities and jointly pursuing projects. The partnership aims
to leverage the complementary strengths of both organisations—RITES’ extensive expertise in
transport infrastructure and engineering consultancy, and MECON’s capabilities in the metal, mining,
energy, and allied sectors.
Under the MoU, the organisations will jointly explore consultancy assignments and infrastructure
opportunities across a wide range of sectors, including railways, metro rail, highways, expressways,
airports, ports, ropeways, bridges, tunnels, urban transport, energy, water resources, hydropower,
wastewater management, and industrial infrastructure. The collaboration will focus on opportunities
in India and international markets, combining the technical expertise and sectoral experience of both
organisations to deliver integrated infrastructure solutions.
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, South America, and Middle East region.
For more information, contact:
Ms. Kriti Sharma, RITES Limited
Mobile: +91 7837999270 | Email: cc@rites.com