IRCTC Appoints Shri Rajneesh Narain as Director (Finance) on Immediate Absorption
Shri Rajneesh Narain has been appointed as the new Director (Finance) of IRCTC on immediate absorption. Previously Director (Finance) at NCL, he will serve until June 30, 2030. The appointment is approved by the Ministry of Railways.
The appointment of a key managerial position like Director (Finance) can have a medium-term impact on the company's financial strategy and performance.
The appointment of a Director (Finance) is a key management change that brings stability and expertise to the company's financial operations, which is generally viewed positively.
Indian Railway Catering And Tourism Corporation Limited (IRCTC) has announced the appointment of Shri Rajneesh Narain as its new Director (Finance).
The appointment was approved by the Competent Authority in the Ministry of Railways, Government of India, vide a letter dated June 11, 2026. Shri Rajneesh Narain, who was previously the Director (Finance) at Northern Coalfields Limited (NCL), will join IRCTC on an immediate absorption basis.
He will serve in the scale of pay of ₹1,80,000 – 3,40,000 (IDA) starting from his assumption of charge until his superannuation on June 30, 2030, or until further orders, whichever comes earlier. IRCTC is undertaking the necessary actions to complete the appointment formalities as per the Companies Act, 2013, and SEBI (LODR) Regulations, 2015.
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Indian Railway Catering And Tourism Corporation Limited filed this with the NSE as a statutory disclosure, categorised under key management changes. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Indian Railway Catering And Tourism Corporation Limited. Read the original for the full detail.