RITES Limited (RITES) — Announcement | 6 July 2026

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RITES secures international order for 4000 HP locomotives

RITES Limited announced it has received an acceptance for a major international order to supply and commission 4000 HP Cape Gauge Diesel Electric Locomotives from Volantis Asset Finance (Pty) Ltd. of South Africa, valued at approximately USD 35.82 million, with execution expected within 20 months. The contract will be formalized after due diligence and added to the order book.

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About RITES Limited (RITES)

Construction · Construction · Listed on NSE

Market Cap: ₹10,150.83 Cr P/E: 24.2

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