RITES Limited has lately been honoured with the ‘Best Presented Annual Report 2023’ award by the South Asian Federation of Accountants (SAFA) and The Institute of Chartered Accountants of India (ICAI). The company received a ‘Certificate of Merit’ in the ‘Infrastructure and Construction’ category at the SAFA Best Presented Annual Report Awards, Integrated Reporting Awards, and SAARC Anniversary Awards for Corporate Governance Disclosures 2023, held in Colombo, Sri Lanka, on November 11th.
The awards are presented based on the evaluation of annual reports from South Asian businesses, with a focus on transparency, accountability, and governance. This recognition highlights RITES’ dedication to high-quality financial reporting, stakeholder transparency, and adherence to accounting standards and statutory guidelines.
RITES Limited is a leading public sector enterprise in India, specializing in the design, consultancy, and engineering services for transport infrastructure projects. With a focus on railways, highways, and urban development, RITES plays a crucial role in enhancing India’s infrastructure and connectivity.
