RITES Share Price in Focus; Vinod Kumar Paswan Joins Senior Management

RITES Limited has announced changes to its senior management with the appointment of Vinod Kumar Paswan as Group General Manager (Civil) and Regional Head of the Eastern Region Project Office (ERPO), Kolkata. 

The appointment, effective 17 July 2026, follows Paswan's joining on deputation, while Alok Bansal has exited the company's senior management following his transfer to Project Unit (PU), Lucknow.  

Experienced Railway Officer Takes Charge 

A 1998-batch Indian Railway Service of Engineers (IRSE) officer, Vinod Kumar Paswan brings more than 25 years of experience in railway infrastructure development and project management. 

Before joining RITES, he served as Chief Engineer, Road Safety Works, Eastern Railway. He holds academic qualifications from BIT Sindri, IIT Delhi and NMIMS Mumbai.  

Leadership Across Major Infrastructure Projects 

During his career, Paswan has led several key railway infrastructure initiatives, including track doubling, station redevelopment, bridge construction and projects under the PM Gati Shakti programme. 

His contributions to Indian Railways have earned him the General Manager's Award and the GM Star Performer Award, recognising his performance in executing major infrastructure works.  

Senior Management Reshuffle 

With Paswan's induction, RITES has included him in its senior management team as Regional Head of ERPO Kolkata. 

At the same time, Alok Bansal, formerly Group General Manager (Civil) and Regional Head, ERPO, has been transferred to PU Lucknow, resulting in his cessation from the company's senior management with effect from 17 July 2026. 

Read More: RITES Share Price in Focus; Consortium Bags ₹79.22 Crore Share in Patna Metro Consultancy Contract! 

RITES Share Price Performance  

As of 17 July 2026, RITES Ltd share price closed at ₹217.13 per share, reflecting a decline of 1.02% from the previous trading session. 

Conclusion 

The latest leadership changes bring an experienced railway infrastructure professional into RITES' senior management while realigning responsibilities within the organisation through the transfer of an existing senior executive.  

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