Container Corporation Of India Limited has informed the Exchange about General Updates
CONCOR · price
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CONCOR has announced the appointment of Shri Vivek Gupta as Director (Finance). He is an Indian Railway Accounts Service (IRAS) officer who was previously serving as GGM/Finance at DFCCIL on deputation. The appointment has been approved by the Ministry of Railways and will be on immediate absorption basis. His pay scale will be Rs. 1,80,000-3,40,000/- (IDA) for a period of five years or until further orders. The company states that the required procedure under the Companies Act 2013 and SEBI LODR Regulations is being completed and necessary disclosures will be filed with stock exchanges within the stipulated time.
This is a routine appointment of a finance head from the railways bureaucracy. The appointment brings in a senior government officer with railway finance expertise to the board-level position at CONCOR.