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Showing posts with label Rites Ltd. Show all posts
Showing posts with label Rites Ltd. Show all posts

Tuesday, July 4, 2023

Rites Ltd

Rites Ltd 

has informed both the exchanges (NSE & BSE) that the company signed a copy of the MOU received from Transnamib Holdings Limited, Namibia. The scope of an MOU is cooperation in the area of the development of Railways and related Infrastructure including supply of rolling stock.

Earlier, the company signed contract agreements with National Railways of Zimbabwe (NRZ) for the supply of rolling stock (3000 HP diesel-electric locomotives and high-sided open wagons) valuing USD 8,11,75,500 (Approx. Rs 665 crore)