RITES Limited Announces Leadership Changes in Senior Management
RITES Limited has announced a restructuring within its senior management team effective July 17, 2026. The changes involve the appointment of a new Regional Head for the Eastern Region Project Office and the transfer of an existing Group General Manager.New Leadership Appointment
Shri Vinod Kumar Paswan, SAG/IRSE, has joined RITES on a deputation basis as Group General Manager (Civil) and Regional Head of the Eastern Region Project Office in Kolkata. His appointment to the senior management team is effective from July 17, 2026.Shri Paswan is an Indian Railway Service of Engineers (IRSE) officer from the 1998 batch, bringing over 25 years of experience in railway infrastructure development and project management. His professional background includes serving as Chief Engineer for Road Safety Works at Eastern Railway. He holds degrees from BIT Sindri, IIT Delhi, and NMIMS Mumbai. Throughout his career, he has managed significant railway projects including track doubling, station redevelopment, bridge construction, and PM Gati Shakti initiatives. He has received both the General Manager's Award and the GM Star Performer Award for his contributions to Indian Railways.
Management Transitions
Concurrent with this appointment, Shri Alok Bansal, who served as Group General Manager (Civil) and Regional Head of the Eastern Region Project Office, has been transferred to PU Lucknow. As a result of this transfer, Shri Bansal ceased to be part of the company's senior management effective July 17, 2026.The details of the leadership changes are summarized in the table below:
| Particulars | Details of Shri Alok Bansal | Details of Shri Vinod Kumar Paswan |
|---|---|---|
| Reason for Change | Otherwise- Transfer | Appointment Inclusion as Regional Head-ERPO Kolkata upon joining RITES on Deputation |
| Effective Date | 17.07.2026 | 17.07.2026 |
| Brief Profile | N.A. | Shri Vinod Kumar Paswan is an IRSE officer (1998 batch) with over 25 years of experience in railway infrastructure. He has served as Chief Engineer, Road Safety Works, Eastern Railway, and managed major projects including track doubling and bridge construction. |
RITES Stock Price Movement
RITES Limited shares are slipping by 0.54% to ₹218.18 as of 1:18 PM in live trading. The stock is experiencing active turnover with a volume of 279,182 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.
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