Sub: Intimation regarding amendment to major orders secured
Dear Sir/Madam,
Pursuant to Regulation 30 read with part B of schedule III of the Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015 and in furtherance to RITES intimation dated 09.10.2020 to exchanges, please find enclosed herewith amendment to bagged orders from IIT Delhi.
This is for your information and record.
Thanking You,
Yours faithfully,
For RITES Limited
Joshit Ranjan Sikidar
Company Secretary & Compliance Officer
Membership No.: A32442
AMENDMENT TO MAJOR ORDERS SECURED
In reference to RITES intimation dated 09.10.2020 to exchanges regarding securing Project Management Consultancy (PMC) work for complete planning, design, execution / construction of Buildings and other services for various buildings at IIT Delhi for a fee of Rs. 54 crore, the PMC work has now been changed to turnkey mode with a total value of Rs. 682.80 crore.
Safe Harbour
Statements in this document are forward-looking. These statements are based on information currently available with us, and we assume no obligation to update these statements as circumstances change.
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RITES Ltd. published this content on 12 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 November 2022 14:01:03 UTC.
RITES Limited is an India-based engineering and consultancy company. The Company offers various services from concept to commissioning in transport infrastructure and related technologies. It operates through four segments: Consultancy Services, Leasing of railway rolling stock & equipmentâs, Export of rolling stock, equipmentâs and spares, and Turnkey Construction Projects. Its sectors of operation include Railways, Metros, Airports & Land Ports, Ports & Harbors, Highways, Ropeways, Tunnels & Bridges, Institutional Buildings, Renewable Energy, and Urban Planning & Infrastructure. It also provides services of Project Management Consultancy, Techno-Economic Feasibility, Detailed Project Report, Third Party Inspection, Transaction Advisory, Wet Leasing of Locomotives, Construction Supervision, Exports of Rolling Stock, Quality Assurance, Design Engineering Activities, and Sustainability Consultancy. Its subsidiaries are RITES (Afrika) (Pty) Limited and REMC Limited.