New Delhi: RITES Limited has announced a key leadership change in its corporate office. Ashok Mishra has resigned from his position as Company Secretary and Compliance Officer, effective March 19, 2026. Following this, the Board of Directors has appointed Nikhil Agarwal as the interim Company Secretary & Compliance Officer, ensuring seamless compliance with SEBI regulations.
Leadership Transition at RITES Limited
Ashok Mishra submitted his resignation via email on February 26, 2026, which was formally accepted by the Competent Authority on March 19, 2026, with relief effective March 25, 2026 (A.N.). This marked the end of his tenure in this critical regulatory role, prompting the appointment of an experienced successor to maintain corporate governance standards.
Nikhil Agarwal: Interim Appointment
The Board approved the interim appointment of Nikhil Agarwal, effective immediately, until a permanent incumbent is appointed. Currently serving as Joint General Manager (Finance) at RITES, Agarwal has previously held the role of Company Secretary & Compliance Officer from September 12, 2023, to February 28, 2024, giving him prior experience in handling the company’s regulatory and compliance framework.
Professional Profile of Nikhil Agarwal
Agarwal is an accomplished finance and corporate governance professional with over 15 years of experience. His qualifications include:
- Associate Membership of The Institute of Company Secretaries of India (ICSI, Membership No. A42626)
- Master of Commerce (M.Com) degree
- DISA (ICAI) qualification
- Membership in multiple professional institutes, including ICAI and The Institute of Cost Accountants of India
His expertise spans finance, corporate governance, and compliance, making him well-suited to ensure RITES’ adherence to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Ensuring Regulatory Compliance and Corporate Governance
This strategic appointment underscores RITES’ commitment to transparency, governance, and regulatory compliance. By appointing Nikhil Agarwal, the company ensures continuity in the critical role of Company Secretary & Compliance Officer, safeguarding stakeholder interests and fulfilling statutory obligations.
About RITES Limited
RITES Limited is a leading public sector enterprise providing engineering, consultancy, and project management services in transport infrastructure, railways, and related sectors. Listed on NSE and BSE, RITES focuses on delivering high-quality solutions across India and internationally while maintaining strong corporate governance standards.
