RITES Board Approves UAE Joint Venture Formation

Date: June 25, 2026

The Board of Directors of RITES Limited, in their meeting held on June 25, 2026, approved the formation and investment of capital in a proposed Joint Venture Company
The Joint Venture will be between RITES Limited and NICC Infrastructure Construction LLC
The JV will be structured as a Limited Liability Company (LLC) in the United Arab Emirates (UAE)

Financial Results: Not Specified

Dividend Declaration: Not Specified

KMP / Board / Auditor Changes: Not Specified

Auditor's Report: Not Specified

Disinvestment / Strategic Actions: Not Specified

Media Release / Investor Communication: Not Specified

Other Operational / Legal / Strategic Disclosures: Not Specified