Ircon International Limited has informed the Exchange regarding Appointment of Mr Masood Ahmad Nazar as PD/Vadodara Mumbai Expressway of the company w.e.f. May 22, 2025.
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Ircon International Limited has appointed three officials to its senior management team effective May 22, 2025. Shri Dunne Bujji Bhuvan Kumar has been appointed as Executive Director (General), Shri Ajay Pal Singh as Executive Director of IrconISL, and Shri Masood Ahmad Nazar as Project Director for the Vadodara Mumbai Expressway. All three have been appointed on IDA pay scale of Rs. 1,50,000–3,00,000. The appointees are experienced professionals — Bhuvan Kumar brings 36+ years of construction experience in PSUs, Ajay Pal Singh has around 37 years in project management and currently heads IrconISL operations, and Nazar is a post-graduate civil engineer with expertise in highway projects on HAM and EPC basis.
This is a routine internal restructuring with no negative implications for shareholders. The appointments strengthen leadership for key ongoing projects, particularly the Vadodara Mumbai Expressway, signaling continued operational focus on infrastructure execution.