RITES Limited Announces Changes in Senior Management
RITES Limited announced updates regarding its senior management structure, detailing transfers and an inclusion of a veteran infrastructure strategist, effective April 8, 2026.The company confirmed that Mrs. Shobhana Palli, who previously served as GGM/Civil & Regional Head-SRPO (part of the Senior Management), has been transferred. She has taken over the charge as Vertical Head/RI & Metro (part of the Senior Management) at the RI Vertical in Gurgaon (Shikhar), effective April 8, 2026.
Additionally, Colonel Mahesh Narayan, GGM/Civil, has been transferred from the RI Vertical, Gurgaon, to the SRPO/Bangalore. With this posting, he has taken over the role of Regional Head, Southern Region Project Office (SRPO), effective April 8, 2026, and is consequently included in the Senior Management of the Company.
Details regarding these changes are provided in an annexure outlining the professional backgrounds of the personnel involved.
The following table summarizes the key details concerning the changes in senior management.
| Particulars | Details of Mrs. Shobhana Palli | Details of Colonel Mahesh Narayan |
|---|---|---|
| Reason for change | Otherwise, Transfer | Otherwise, Transfer |
| Date of change | April 8, 2026 | April 8, 2026 |
| Profile Summary | Mrs. Shobhana Palli has multi-disciplinary professional experience of more than 31 years. She graduated in Civil Engineering from Jawahar Lal Nehru Technology University, AP and has done Master of Engineering in Structural Engineering from Andhra University. She had joined RITES Limited in June 1995. | Colonel Mahesh Narayan is a veteran infrastructure strategist with over 30 years of experience, combining military discipline with large-scale commercial execution. An IIT Delhi alumnus (M.Tech, Geotechnical & Geo- Environment), he is widely recognized for his expertise in airport infrastructure and pavement engineering, having contributed to over 140 facilities across 30+ airports globally, including major projects in Mauritius, Sri Lanka, Bhutan, Seychelles, Nepal, and the Maldives. |
| Director Relationship | Mrs. Shobhana Palli is not related to any other director of the Company | Colonel Mahesh Narayan is not related to any other director of the Company |
RITES Limited remains a Schedule 'A' Enterprise of the Government of India.
RITES Stock Price Movement
On Wednesday, RITES Limited shares gained momentum, settling at ₹200.75 after climbing 4.70%. The stock traded with robust volume, recording 727,828 shares through its session.Source:
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