Ircon International Limited has informed the Exchange regarding ' Entrustment of additional charge of the post of Director (Works), IRCON To Shri N.C. Karmali.'.
IRCON · price
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The post of Director (Works) at Ircon International fell vacant on May 1, 2025, after the previous incumbent Shri Parag Verma retired on April 30, 2025. The Ministry of Railways has now assigned the additional charge of this role to Shri N.C. Karmali, a senior IRSE officer currently serving as PED/GS at the Railway Board. This is a temporary arrangement, effective from the date Karmali assumes charge and continuing until further orders, pending approval from the competent authority. Ircon has stated it will make the necessary disclosures in compliance with the Companies Act once Karmali takes charge.
Routine leadership transition for this government-owned railway PSU; an additional charge (rather than a permanent appointment) means continuity is maintained but a full-time Director (Works) is yet to be formally appointed. Investors should expect operations to continue normally without material disruption to the business.