RITES: Change in Senior Management of the Company
RITES (RITES) filed a disclosure titled "Change in Senior Management of the Company". The company is valued at about ₹9,397 crore.
What happened
RITES (RITES) filed a disclosure with the exchanges on 13 November 2026 at 11:23 PM titled "Change in Senior Management of the Company".
Company snapshot
RITES is a small-cap company in the Construction sector, with a market value of about ₹9,397 crore.
The stock last traded at ₹195.5, against a 52-week range of ₹175–₹259.7 (24.7% below the high).
Before this filing the shares had moved +1.1% over the month and −10.1% over three months. Average daily turnover over the last 20 sessions was about ₹35.67 crore.
Promoters held 72.20% at the end of Q2 FY27. Foreign institutions owned 3.38% and domestic institutions 9.16%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 549 | 98.2 | 2.04 |
| Q3 FY26 | 609 | 102 | 2.12 |
| Q4 FY26 | 768 | 130 | 2.7 |
| Q1 FY27 | 532 | 87.2 | 1.81 |
| Q2 FY27 | 557 | 86.2 | 1.79 |
What history shows
This is not the company's first management change disclosure: BCEIE has 9 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 1.2% on average the next trading day and was down 1.7% on average after five days (7 filings with price data).
Across 63 similar disclosures by other Construction companies, shares moved −0.7% on average the next day and −1.3% over five days; 46% of them rose the next day.
Market-wide, 4,556 management change filings with an impact score of 50 or more saw an average next-day move of −0.0%, with 46% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 6 Oct 2026 | Change in Director(s) of the company. | −3.8% | −1.4% |
| 8 Sept 2026 | Appointment of Statutory Auditors by Comptroller & Auditor General… | −1.0% | −3.8% |
| 21 Aug 2026 | Management change | −0.2% | +0.2% |
| 20 Aug 2026 | Intimation Regarding Extension Of Tenure Of The Chairman & Managing… | +0.8% | −0.7% |
| 17 Jul 2026 | Change in Senior Management | +0.3% | −2.6% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
In the news
Recent coverage elsewhere (links open the original publisher):
- RITES Q2 results: Profit falls 12.2%, revenue rises 1.5%; ₹1.90 interim dividend declared, check record date
- RITES: Revenue growth and a ₹9,388 crore order book, but lower exports pressured profits
- RITES Limited board to consider Q2 results, interim dividend
- RITES Profit Down, Nykaa & Lenskart Surge; BSE, Aurobindo Shine
- RITES Q2 results: Net profit falls 12.2%, revenue rises 1.5%; ₹1.90 interim dividend declared, check record date - CNBC TV18
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.