RITES wins SAFA's Gold Award for Best Presented Annual Report

RITES Limited, a Miniratna (Category - I) Schedule 'A' Public Sector Enterprise, has been awarded a Gold in the Infrastructure & 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 18th December, 2022.

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

This award recognizes 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.

Shares of RITES Limited was last trading in BSE at Rs. 330.60 as compared to the previous close of Rs. 340.80. The total number of shares traded during the day was 81252 in over 3863 trades.

The stock hit an intraday high of Rs. 348.00 and intraday low of 325.40. The net turnover during the day was Rs. 27635366.00.

Source : Equity Bulls

Keywords

RITES INE320J01015 Gold Award SAFA BestPresentedAnnualReport