Responsive Image with Divider
Responsive Image

RITES CMD Rahul Mithal’s tenure extended till June 2027

The Ministry of Railways has approved the extension of tenure of Rahul Mithal as CMD of RITES beyond October 6, 2026, till his superannuation on June 30, 2027
Alt="RITES posts 9% rise in Q1 profit, declares first interim dividend of Rs 1.40 per share"
RITES CMD Rahul Mithal’s tenure extended till June 2027PSUWatch.com
Published on

New Delhi: The Ministry of Railways has approved the extension of tenure of Rahul Mithal as Chairman and Managing Director (CMD) of RITES Limited beyond October 6, 2026, till his superannuation on June 30, 2027, or until further orders, whichever is earlier.

Follow The PSUWatch Channel on WhatsApp

In a regulatory filing on Thursday, RITES said the Ministry of Railways communicated the decision through a letter dated August 20, 2026. The extension has been approved by the competent authority.

Mithal will continue to head the state-owned engineering and consultancy company during the extended tenure. RITES said it is in the process of completing the requisite statutory formalities related to the extension of his appointment.

Follow PSU Watch on LinkedIN

Mithal, an officer of the Indian Railway Service of Mechanical Engineers (IRSME) from the SCRA 1985 batch, has more than two decades of experience in the railway sector. During his career, he has held several senior positions in Indian Railways, with experience spanning railway operations, projects, services and administration.

He holds an MBA in Finance from Jamnalal Bajaj Institute of Management Studies, Mumbai. He is also a Fellow of the Institution of Mechanical Engineers, UK, and a Chartered Engineer registered with the Engineering Council, UK.

Alt="RITES posts 9% rise in Q1 profit, declares first interim dividend of Rs 1.40 per share"
Railway Ministry assigns additional charge of IRCTC CMD to Rahul Himalian

Before joining RITES, Mithal served as a Functional Director on the Board of Container Corporation of India Ltd. (CONCOR) from September 29, 2017, to October 6, 2021. During his four-year tenure, he was responsible for the Projects & Services wing, adding to his experience in project execution and infrastructure-related activities.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

logo
PSU Watch
psuwatch.com