RITES signs pact to acquire 24 per cent stake in IRSDC

State-owned RITES has reportedly signed an agreement to buy a 24-per-cent stake in Indian Railway Station Development 

Corp (IRSDC), the company tasked with redeveloping railway stations across the country. RITES has also resumed operations at most of its offices and project sites after the government eased the Covid-19 induced lockdown rules across the country. It has achieved more than half of its capacity and will scale up its activities going forward, the company said.Key project activities have been resumed at various sites.

Contact: Rajeev Mehrotra, Chairman & Managing Director, RITES.

Address: RITES Bhawan, 1, Sector 29, Gurugram, Haryana-122 001.

Tel: 0124-257 1666.

E-mail: info@rites.com

Website: www.rites.com