Ircon International has appointed Vimal Kishor Nagar and P.V. Sreekanth as Executive Directors, effective August 7, 2026. The Board of Directors approved the appointments following a recommendation from the Nomination and Remuneration Committee, strengthening the company’s senior management team with seasoned professionals from the railway sector.

The appointments were disclosed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026. Both officials are now part of the Senior Management Personnel of the company.

Key Appointments

Vimal Kishor Nagar: Electrical Engineering Expertise

Vimal Kishor Nagar brings over 30 years of professional experience in Business Development, Railway Electrification, and Electrical Infrastructure Projects across Indian Railways. He began his career as a Probationary Officer (IRSEE-1993 batch) in Indian Railways, gaining extensive exposure to traction and electrical systems, safety, and general administration.

Nagar joined Ircon on deputation in June 2021 and was subsequently absorbed permanently on April 15, 2026. During his tenure, he has successfully executed prestigious projects in Railways, Metro Railways, Extra High Tension (EHT) Substations, Transmission Lines, and Solar Power Projects. His responsibilities have also included corporate functions such as bidding and tendering, financial planning, human resource planning, and risk management analysis.

P.V. Sreekanth: Signaling & Telecommunications Leadership

P.V. Sreekanth is an IRSSE Officer of the 1988 Batch with more than 35 years of experience in Indian Railways and Railway CPSEs. He holds a B.E. (ECE) from Osmania University, Hyderabad, an M.Tech from IIT Chennai, and an MBA from IGNOU, along with professional certifications in Data Centre Operations.

Sreekanth worked on several infrastructure projects including the CATC of Calcutta Metro, Digital Microwave Network over SCR/SR, and PI/RRI/EI Works in SCR under SRSF. In RailTel, he was involved in commissioning the Long-haul DWDM Network, NKN, high bandwidth Pan-India links for Google, Tier-III Certified Data Centre, TPaaS NOC, and hosted services for the Water Resources Department and KGBV Schools in Andhra Pradesh.

He joined Ircon on permanent absorption in November 2021. Since then, he has successfully completed S&T works in USBRL, Katni-Singrauli Doubling, Grade Separators & Chord-lines, Moradabad EI Project, and MCRL. Notable achievements include the record commissioning of 104 stations in 2023-24 and India Railways’ largest Tunnel Communication Network for USBRL in 2024-25. Sreekanth has also been instrumental in acquiring new business in the Railway S&T vertical and has authored five technical books.

Strategic Impact

These appointments reflect Ircon’s focus on leveraging deep domain expertise in railway electrification and signaling & telecommunications. Both appointees have prior experience within the organization, having joined on deputation or absorption before being elevated to Executive Director roles, ensuring continuity and institutional knowledge in critical technical verticals.

Ircon International Ltd has appointed Shri Saleem Ahmad as Chairman and Managing Director (CMD) effective July 1, 2026. He has also been designated as Chief Executive Officer (CEO) and Key Managerial Personnel (KMP) of the company from the same date. This appointment follows the cessation of Shri Hari Mohan Gupta, who retired as CMD upon attaining superannuation on June 30, 2026.

The appointment is pursuant to Ministry of Railways order no. 2023/E(O)II/40/15 dated June 23, 2026. Shri Saleem Ahmad has assumed the additional charge of the post of CMD for a period of one year or until the assumption of charge by a regular incumbent or until further orders, whichever is the earliest. The Board approved the designation of Shri Saleem Ahmad as CEO and KMP at its meeting held on June 26, 2026.

Profile of the New CMD

Shri Saleem Ahmad holds a degree in Civil Engineering from Jamia Millia Islamia University, New Delhi, and brings over 35 years of experience in the construction sector. His expertise includes the execution of large-scale infrastructure projects, bridges, tunnels, and residential and commercial developments. Currently, he serves as CMD of Rail Vikas Nigam Limited. Previously, he worked as Director (Project) at NBCC (India) Ltd and as Executive Director (Civil) at Delhi Metro Rail Corporation Ltd.

Key Appointment Details

The following table summarizes the particulars of the appointment:

The company confirmed that Shri Saleem Ahmad has not been debarred from holding the office of director by any SEBI order or other authority. Ircon International Limited is a Government Company under Section 2(45) of the Companies Act, 2013, where the power to appoint Directors vests with the President of India.