LIVE - Auto-updated every 10 mins · Equity segment
Company Filings, Explained Simply
AI-powered plain-English analysis of every important corporate announcement - financial results, order wins, dividends, mergers and more. Updated live.
-
Filed today
-
Companies tracked
NSE & BSE
Listed on
👋Welcome back, there - you're tracking 0 companies
🔔Sign in free to track companies and get alerts the moment they file
Sign in free to search by company
Filing Type
Market Cap
Sector
All Sectors
Latest Filings -
📋 Filing Types Available on ForgeUp Filings
Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
RITES Ltd. will pay a Rs. 1.90 per share dividend and won't form its planned UAE joint venture.
🤖 AI Summary
RITES Ltd. declared 2nd interim dividend of Rs. 1.90 per share for FY26-27.
Un-audited standalone and consolidated financial results for Q2 FY27 approved.
JV formation with NICC Infrastructure Construction LLC in UAE is not materializing.
Record date for dividend payment is November 11, 2026.
🔢 Key Numbers - exact figures from BSE filing, not rounded
2nd Interim Dividend per Share (FY2026-27)
₹ 1.90
Record Date for 2nd Interim Dividend
Wednesday, November 11, 2026
Dividend Payment Date
On or before 03rd December, 2026
Financial Results Period
Quarter and half year ended on 30th September, 2026
🏢 How This Affects the Company
📈
Business Impact
The non-materialization of the UAE JV with NICC Infrastructure Construction LLC means RITES Ltd. will not expand its operational footprint in that specific venture, impacting a previously intended business development.
💰
Financial Impact
The declaration of a Rs. 1.90 per share interim dividend will result in a cash outflow for RITES Ltd. The unpursued JV avoids potential capital contribution requirements.
⚙️
Operational Impact
Operational plans related to the NICC Infrastructure Construction LLC JV will be discontinued.
⚠️
Risk Impact
The decision not to proceed with the JV eliminates the risks associated with establishing and operating a new joint venture in a foreign market.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders regarding this filing.
👤
Who Is Affected
All shareholders of record as of November 11, 2026, will receive the 2nd interim dividend of ₹ 1.90 per share.
🔍
Management Signal
Management signals a pragmatic approach by discontinuing ventures that are not materializing, while continuing to provide returns via dividends.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
Q3 FY27 financial results for updated performance metrics.
Management commentary on future international expansion plans.
Update on any new significant project wins or contract signings.
LOW RISKFiling details routine financial results and dividend, with the JV discontinuation being a noted strategic shift.
💡 Investor Takeaway
RITES Ltd. declared a ₹ 1.90 per share interim dividend for FY26-27 and approved Q2 FY27 results, while halting its planned UAE JV with NICC Infrastructure Construction LLC.
⚖️ Strengths & Concerns
✅ Positives
Declaration of a 2nd interim dividend of ₹ 1.90 per share for FY2026-27 demonstrates shareholder return focus.
Approval of Q2 FY27 un-audited standalone and consolidated financial results provides updated financial performance.
⚠️ Concerns
The proposed JV with NICC Infrastructure Construction LLC is not materializing, indicating a setback in planned expansion.
No new order wins or significant contract values were disclosed in this filing.
📅 Company Track Record
RITES Ltd. previously announced approval for JV formation in UAE with NICC Infrastructure Construction LLC on June 25, 2026. This filing reverses that decision, indicating the venture is not proceeding.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What dividend has RITES Ltd. declared for FY2026-27?
RITES Ltd. declared its 2nd interim dividend of ₹ 1.90 per share for the Financial Year 2026-27.
What is the record date for RITES Ltd.'s 2nd interim dividend?
The record date for the payment of the 2nd interim dividend for FY2026-27 is Wednesday, November 11, 2026.
What was RITES Ltd.'s decision regarding the UAE JV with NICC Infrastructure Construction LLC?
RITES Ltd. took note that the proposal for formation of JV with NICC Infrastructure Construction LLC and contribution of capital therein is not materializing.
Questions based on this BSE filing only. For information purposes.
There are 32,000 more, and one of them is about a company you own
Follow a company and we'll email you the moment it files
again - explained, not just forwarded. Free.
Follow companies and get filings by email
Save any filing to read later
Two full AI analyses every month, free
No card needed. Sign in with Google in two taps.
⚠️ For Information Only - Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
🔖
Save filings you care about
Sign in free to save any filing and get notified when the same company files again.
🔖
Save This Filing
Sign in with Google to save this filing and get notified when this company files again. Free, takes 5 seconds.
🔍
Sign in to use filters
Sign in free with Google to filter filings by category, market cap and sector - takes 5 seconds.