The Government of India (GoI) is planning to divest up to 15% paid up equity share capital of RITES through an offer for sale (OFS).
The Department of Investment and Public Asset Management (DIPAM) invited Expression of Interest (EoI) from merchant bankers by June 6, to assist and advise the government in the sale process.
RITES is a multi-disciplinary consultancy organization in the fields of transport, infrastructure, and related technologies. It provides a comprehensive array of services under a single roof and believes n transfer of technology to client organizations.
