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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RITES_20072026213621_IntimationSigned.pdf

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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