IRCTC appoints Rahul Himalian as CMD w.e.f. July 20

0 min read     Updated on 20 Jul 2026, 01:20 PM
scanx
Reviewed by
Riya DScanX News Team
AI Summary

Indian Railway Catering and Tourism Corporation Limited appointed Rahul Himalian as Chairman and Managing Director on an additional charge basis effective July 20, 2026. He succeeds Sanjay Kumar Jain, who ceased to hold the post of CMD and Key Managerial Personnel on the same date. Himalian continues to serve as the Director (Tourism & Marketing).

powered bylight_fuzz_icon
45827639

*this image is generated using AI for illustrative purposes only.

Indian Railway Catering and Tourism Corporation Limited has appointed Rahul Himalian to the additional charge of Chairman and Managing Director effective July 20, 2026. The appointment follows the cessation of Sanjay Kumar Jain as the Chairman and Managing Director and Key Managerial Personnel of the company. The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Rahul Himalian currently serves as the Director (Tourism & Marketing) at IRCTC . The company informed the exchanges that he has assumed the additional charge of the post in addition to his own existing duties. The filing was signed by Suman Kalra, Company Secretary and Compliance Officer of IRCTC, on July 20, 2026.

Appointment Details

Aspect Details
New appointee Rahul Himalian
Designation Chairman and Managing Director (Additional Charge)
Existing role Director (Tourism & Marketing)
Effective date July 20, 2026
Predecessor Sanjay Kumar Jain

Historical Stock Returns for IRCTC

1 Day5 Days1 Month6 Months1 Year5 Years
-0.47%+0.10%-4.66%-18.94%-35.43%+5.16%

Will IRCTC initiate a formal search for a permanent Chairman and Managing Director, or is Rahul Himalian a candidate for the full-time role?

How will the dual responsibility of leading Tourism & Marketing while serving as CMD impact the company's strategic priorities?

What are the primary reasons behind Sanjay Kumar Jain's cessation, and could this signal a shift in IRCTC's operational direction?

IRCTC appoints Rajneesh Narain as CFO and KMP w.e.f. 14 July 2026

1 min read     Updated on 16 Jul 2026, 12:42 AM
scanx
Reviewed by
Shriram SScanX News Team
AI Summary

Indian Railway Catering and Tourism Corporation Limited has appointed Rajneesh Narain as its Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) effective July 14, 2026. Narain, who joined as Director (Finance) on June 15, 2026, brings over 30 years of experience from the coal sector, including roles at Northern Coalfields Limited and South Eastern Coalfields Limited. The appointment was approved by the Board and disclosed to exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.

powered bylight_fuzz_icon
45565318

*this image is generated using AI for illustrative purposes only.

Indian Railway Catering and Tourism Corporation Limited has appointed Rajneesh Narain as its Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) effective July 14, 2026. The Board of Directors approved the appointment during a meeting held on the same date, strengthening the company's financial leadership with a veteran possessing over three decades of experience in the coal sector.

Narain, who holds the designation of Director (Finance) at IRCTC , was officially inducted into the CFO role on July 14, 2026. He had previously joined the organization as Director (Finance) on June 15, 2026. The appointment was disclosed to the exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.

Profile of the Appointee

Rajneesh Narain (DIN: 09759359) brings extensive expertise in financial management, strategic planning, and stakeholder management. Before joining IRCTC, he served as the Director (Finance) of Northern Coalfields Limited (NCL). His career also includes a significant tenure at South Eastern Coalfields Limited (SECL), a subsidiary of Coal India Limited (CIL), where he led the corporate accounts team and handled business diversification.

Narain began his career in the Sohagpur area of SECL, holding key positions in accounting, taxation, fund management, contract management, and budgetary control. He also served as the CFO of Chhattisgarh East Railway Limited (CERL) and Chhattisgarh East West Railway Limited (CEWRL), subsidiaries of SECL, for six years. He holds a Master of Business Administration (Finance) degree and is noted for his skills in negotiation and team building.

Disclosure Details

The filing submitted to the exchanges disclosed that Narain holds 100 equity shares in the company. There are no disclosed relationships between directors that require reporting.

Particulars Details
Name Rajneesh Narain
DIN 09759359
Designation Director (Finance), CFO and KMP
Date of Appointment 14 July 2026
Experience 30+ years
Equity Shares Held 100

Historical Stock Returns for IRCTC

1 Day5 Days1 Month6 Months1 Year5 Years
-0.47%+0.10%-4.66%-18.94%-35.43%+5.16%

How will Narain's extensive background in the coal sector influence IRCTC's financial strategy and diversification plans?

What specific capital allocation priorities or cost-optimization measures can be expected under the new CFO's leadership?

Will IRCTC pursue new public-private partnerships or strategic investments leveraging Narain's experience with railway subsidiaries?

More News on IRCTC

1 Year Returns:-35.43%