Government has fully subscribed RITES’ 10% offer for sale (OFS) with disinvestment proceeds of Rs 729.4 crore. This OFS has undertaken by the government on November 22-25, 2019.
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.