New Delhi: RITES Limited has been awarded a Gold in the infrastructure and construction category by the South Asian Federation of Accountants (SAFA). The award was presented to RITES during SAFA's Best Presented Annual Report Awards, Integrated Reporting Award & SAARC anniversary award for corporate governance disclosures 2021 ceremony in Kathmandu, Nepal, on December 18, 2022.

The Auditor General of Nepal Tanka Mani Sharma Dangal conferred the award upon team RITES, represented by RITES' Director (Finance) BP Nayak and General Manager (Finance) Anjeev Kumar Jain.

This award recognises accounting best practices and policies adopted by RITES for the disclosure and presentation of financial statement(s) and the company's highest degree of compliance with accounting standards, statutory guidelines, and regulations.

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