RITES Limited Announces Cessation of Tenure for Independent Director Dr. Dineshananda Goswami
RITES Limited, an enterprise of the Government of India, has confirmed the completion of tenure for Dr. Dineshananda Goswami as an Independent Director on its Board.The company announced that Dr. Dineshananda Goswami's role as an Independent Director will conclude on July 06, 2026. Accordingly, he will cease to be a member of the Independent Directors of the Company effective from July 07, 2026.
This change follows the Board's approval of Dr. Dineshananda Goswami (DIN: 09394294) as an Additional Director (Independent Director) for one year, beginning on July 07, 2025. This appointment was subsequently approved by the shareholders at the company's 51st Annual General Meeting held on September 23, 2025.
The completion of the tenure marks a transition in the composition of the Board of Directors. Post-cessation, RITES Limited's updated Board structure comprises several key members dedicated to governance and corporate management.
The current list of Directors of RITES Limited after the cessation includes:
| S. No. | Name | Designation |
|---|---|---|
| 1 | Shri Rahul Mithal (DIN: 07610499) | Chairman & Managing Director |
| 2 | Dr. Deepak Tripathi (DIN: 10090267) | Director (Technical) |
| 3 | Shri Krishna Gopal Agarwal (DIN: 10239667) | Director (Finance) |
| 4 | Shri Prem Singh Meena (DIN: 10855590) | Director (Projects) |
| 5 | Shri Jayant Kumar (DIN: 07179274) | Government Nominee Director |
| 6 | Shri Atul Singh (DIN: 11747888) | Government Nominee Director |
| 7 | Shri Rajbir Sharma (DIN: 11105411) | Independent Director |
The company confirmed that the cessation of Dr. Dineshananda Goswami is consequent to the completion of his tenure as a Non-Executive Independent Director.
RITES Stock Price Movement
Shares of RITES Limited today slipped by 0.77% to settle at ₹216.15, closing down ₹1.67 from the previous session's close. The stock traded within a tight range defined by its intraday low of ₹215.37 and high of ₹218.92, witnessing a total traded volume of 808,467 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.