Ircon International Limited has informed the Exchange regarding 'Appointment to the post of Director (Projects), IRCON.'.
IRCON · price
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Ircon International has informed the exchanges that the Ministry of Railways has approved the appointment of Shri Rajesh Naik as Director (Projects) of the company. Shri Naik is currently serving as General Manager (GGM) at RITES Limited and will be joining Ircon on deputation. His tenure will run from the date he assumes charge until his superannuation on 31 May 2030, or until further orders, whichever is earlier. The appointment is in the pay scale of Rs. 1,80,000–3,40,000 (IDA) and has been routed through the standard government order from the Railway Board dated 12 February 2026. Further disclosures will be filed once Shri Naik formally takes charge.
This is a routine government-directed board-level appointment at Ircon, a PSU under the Ministry of Railways. There is no change in control or ownership; shareholders should view this as a normal leadership transition with no material impact on the stock price.