Rites Limited logo

Rites Limited

Founded in 1974 headquartered in Delhi, India.

1974 East Delhi, Delhi (India) Active

About

Basic Data Updated:

1 month ago
Rites Limited (RL) is a leading Public Limited Union Government Company incorporated in India on 26 April 1974 and has a history of 50 years and one month. Its registered office is in East Delhi, Delhi, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 541556 and on the National Stock Exchange(NSE) under RITES.

The Corporate was formerly known as Rail India Technical & Economic Services Limited. The Company is engaged in the Electronics Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 300.00 cr and a paid-up capital of Rs 240.30 cr, as per the Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Rites Limited India are Rahul Mithal as Ceo, Krishna Agarwal as Cfo, and Ashok Mishra as Company Secretary. Laxman Tapashi, Shailendra Singh, Rahul Mithal, and Seven other members serve as directors at the Company.

Industry

Company Details

  • Location

    East Delhi, Delhi, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNL74899DL1974GOI007227
Company No.007227
Stock Symbol BSE : 541556 NSE : RITES
Company ClassificationPublic Limited Union Government Company
Incorporation Date26 Apr 1974
Date of AGM15 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusListed
ROC CodeRoc Delhi

Financials of Rites Limited

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Rites Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.84% decrease. The company also saw a slight improvement in profitability, with a 6.73% increase in profit. The company's net worth moved up by a moderate rise of 4.33%.

Corporate Structure

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Unlock access to Rites's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Rites Limited

Executive Team (3)

  • RM

    Rahul Mithal In Managing Director

    Appointment Date: 07-Oct-2021

    Status: Current

  • KA

    Krishna Agarwal CFO

    Appointment Date: 01-Aug-2023

    Status: Current

  • AM

    Ashok Mishra In Company Secretary

    Appointment Date: 20-Mar-2024

    Status: Current

Board Members(9)

Charges (Loans)

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Sbi

Creation Date: 16 Feb 1989
-Satisfied

Deals i

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Gain comprehensive insights into the Deals and Valuation data of Rites, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Rites's trajectory.

Rating

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Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alert

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Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Related Corporates (Common Directorship)

  • Sahayog Chits (Gokak) Private Limited

    Sahayog Chits (Gokak) Private Limited

    Active build-icon 28 years 6 months

    Laxman Tapashi is a mutual person

  • Maharashtra Metro Rail Corporation Limited

    Maharashtra Metro Rail Corporation Limited

    Active build-icon 9 years 3 months

    Sandeep Jain is a mutual person

  • Gpcl Consulting Services Limited

    Gpcl Consulting Services Limited

    Active build-icon 27 years 8 months

    Krishna Agarwal is a mutual person

  • Ferro Scrap Nigam Limited

    Ferro Scrap Nigam Limited

    Active build-icon 34 years 8 months

    Ashok Mishra is a mutual person

  • Elicius Energy Private Limited

    Elicius Energy Private Limited

    Active build-icon 5 years 5 months

    Deepak Tripathi is a mutual person

  • Indian Railway Stations Development Corporation Limited

    Indian Railway Stations Development Corporation Limited

    Active build-icon 12 years 1 month

    Krishna Agarwal is a mutual person

Recent activity within the organization

  • Activity

    Director Appointment

    Shailendra Singh was appointed as a Additional Director was appointed as a Additional Director on 09 Apr 2024 & has been associated with this company since 1 month 19 days .

    09 Apr 2024
  • Activity

    Director Appointment

    Ashok Mishra was appointed as a Company Secretary was appointed as a Company Secretary on 20 Mar 2024 & has been associated with this company since 2 months 11 days .

    20 Mar 2024
  • Activity

    Annual General Meeting

    Rites Limited last Annual general meeting of members was held on 15 Sep 2023 as per latest MCA records.

    15 Sep 2023
  • Activity

    Director Appointment

    Krishna Gopal Agarwal was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Aug 2023 & has been associated with this company since 9 months 29 days .

    01 Aug 2023
  • Activity

    Balance Sheet

    Rites Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

Recent News, Updates & Announcement

Frequently asked questions

What is the Incorporation or founding date of Rites Limited?

Rites Limited was incorporated 50 years 1 month ago on 26 Apr 1974 with Registrar of Companies Roc Delhi.

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