Ircon International Limited has informed the Exchange regarding Appointment of Mr Rajesh Naik as Director (Projects) of the company w.e.f. February 13, 2026.
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IRCON International has appointed Shri Rajesh Naik as Director (Projects) effective February 13, 2026, following a Ministry of Railways order. Naik will serve until his superannuation on May 31, 2030 or until further orders, whichever is earlier. He brings over 32 years of infrastructure project experience, including more than 12 years of international work across Oman, Bangladesh, Guyana, Botswana, Paraguay, Uruguay and the Philippines. Prior to this, he served as Chief Strategy Officer and Chief Operating Officer at RITES Limited's export division. As a result, Shri Sudhir Singh, who was holding the Director (Projects) post as an additional charge, has stepped down from that additional responsibility. The company has confirmed that Naik is not debarred from holding a directorship by any authority.
This is a routine government-directed (Railway Board) functional director appointment and is not expected to materially impact shareholders or the stock price. The permanent appointment may bring leadership stability to IRCON's projects division and support execution of its order book.