IRCTC has announced significant changes in its board composition with the completion of tenure for two Independent Directors. The railway catering and tourism corporation informed stock exchanges about this directorate change as part of its regulatory compliance obligations.

Board Changes Effective April 14, 2026

The company officially communicated to both BSE Limited and National Stock Exchange of India Limited regarding the cessation of two Independent Directors from their positions. The announcement was made through a formal disclosure dated April 14, 2026, ensuring transparency in corporate governance matters.

Regulatory Compliance Framework

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. This regulation mandates listed companies to inform stock exchanges about material events and changes in directorate composition, ensuring investors and stakeholders remain informed about significant corporate developments.

Corporate Communication Process

The announcement was formally communicated to both major stock exchanges where IRCTC shares are listed. The communication was signed by Suman Kalra, Company Secretary and Compliance Officer, demonstrating proper authorization and corporate governance protocols.

This directorate change represents a routine corporate governance matter as Independent Directors typically serve defined tenure periods as per regulatory requirements and company policies. The timely disclosure reflects IRCTC's commitment to maintaining transparency with its stakeholders and compliance with securities market regulations.

IRCTC has announced a senior management personnel change, informing stock exchanges about the cessation of a key executive position. The company has communicated this development to both BSE Limited and National Stock Exchange of India Limited as part of its regulatory compliance obligations.

Senior Management Personnel Change

The company has reported the cessation of Sh. Vinay Kumar Pathak from his position as Group General Manager. According to the official communication, Pathak was working on deputation and held the designation of Group General Manager/IRCTC/CO, which is classified as One Level Below Board - Senior Management Personnel.

Regulatory Compliance and Documentation

The announcement has been made in strict compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The cessation is pursuant to IRCTC's HRD Office Order No. 44/2026 dated April 13, 2026, which formally documents the repatriation process.

The communication was signed by Suman Kalra, Company Secretary and Compliance Officer (Membership No.: FCS: 9199), on behalf of Indian Railway Catering & Tourism Corporation Limited. The digital signature was applied on April 13, 2026, at 18:56:20 +05'30', ensuring proper authentication and timing of the regulatory disclosure.

Impact on Senior Management Structure

With Pathak's departure, IRCTC will need to address the vacancy in the Group General Manager position. The executive's repatriation was described as premature and occurred at his own request, suggesting a voluntary departure rather than a company-initiated change. The timing and nature of the cessation indicate a planned transition, with proper documentation and regulatory compliance maintained throughout the process.