Indian Railway Catering and Tourism Corporation Ltd appointed Raj Kumar Verma as Group General Manager, a position one level below the Board, effective October 15, 2026. The appointment was reported to the corporate office in New Delhi.

Verma is an officer of the Indian Railway Service of Mechanical Engineers (IRSME) from the 2008 batch. He holds approximately 18 years of experience with Indian Railways. Prior to this role, he served as Senior Divisional Mechanical Engineer at Agra, North Central Railway.

Regulatory disclosure

The company filed an intimation regarding the change in senior management pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was signed by Suman Kalra, Company Secretary and Compliance Officer.

Indian Railway Catering and Tourism Corporation Limited held its 27th Annual General Meeting (AGM) on September 29, 2026, via video conferencing. The shareholders adopted the audited standalone and consolidated financial statements for FY26 and approved the declaration of dividends totaling ₹9.00 per equity share for the fiscal year.

The meeting, which commenced at 3:00 pm and concluded at 4:12 pm, was chaired by Rahul Himalian, Director (Tourism & Marketing), who held additional charge of Chairman and Managing Director. A total of 129 members, including the nominee of the President of India, attended the session, ensuring the requisite quorum was met throughout the proceedings.

Dividend and Financial Approvals

Shareholders passed ordinary resolutions to receive, consider, and adopt the Board’s Report, Auditor’s Report, and C&AG comments for FY26. A key resolution involved the confirmation of interim dividends and the declaration of a final dividend:

The company also authorized the Board to fix the remuneration of the Statutory Auditor for FY27, who is appointed by the Comptroller and Auditor General of India (C&AG).

Board Appointments and Governance Changes

The AGM addressed several governance matters, including director appointments and amendments to the Articles of Association. Shri Shivendra Shukla was re-appointed as a director retiring by rotation. Additionally, two new directors were appointed to the board through ordinary resolutions:

• Navin Kumar Parsuramka appointed as Government Nominee Director.
• Rajneesh Narain appointed as Director (Finance).

Special resolutions were passed to amend the Articles of Association and to appoint Dr. Sachin Balkrishna Sabnis as an Independent Director. Dr. Sabnis serves as the Chairman of the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee.

Member Engagement and Voting

Ten pre-registered members raised queries regarding the company’s financials and operations during the open forum. The Chairman responded to these inquiries, noting that additional questions submitted via email had been addressed separately. Remote e-voting facilities were available from September 26 to September 28, 2026, with an additional 15-minute window provided after the meeting’s conclusion for last-minute votes. The scrutinizer’s report and voting results will be disclosed to stock exchanges and on the company website within the prescribed timeline.