CONCOR Signs MOU with Vizhinjam International Seaport for Container Freight Station

1 min read     Updated on 23 Feb 2026, 03:08 PM
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Overview

Container Corporation of India has entered into a strategic partnership with Vizhinjam International Seaport Ltd through a non-binding MOU signed on 23 February 2026 for developing a comprehensive Container Freight Station near Vizhinjam port in Kerala. The proposed facility will feature customs-bonded areas, warehouses, container handling yards, and weighbridges to support seamless logistics operations and strengthen India's maritime trade capabilities.

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Container Corporation of India has signed a non-binding and non-exclusive Memorandum of Understanding with Vizhinjam International Seaport Ltd for the development of a Container Freight Station. The agreement was formalized on 23 February 2026 at Thiruvananthapuram, marking a significant step in CONCOR's expansion of its logistics infrastructure network across India's key maritime locations.

Agreement Details

The partnership between CONCOR and Vizhinjam International Seaport Ltd, a Government of Kerala undertaking, focuses on establishing comprehensive container freight station facilities in the vicinity of Vizhinjam International Seaport, Thiruvananthapuram, Kerala. The agreement includes provisions for land allocation by VISL on mutually agreed terms, providing the foundation for the proposed infrastructure development.

Parameter: Details
Agreement Type: Non-binding and non-exclusive MOU
Partner: Vizhinjam International Seaport Ltd (VISL)
Signing Date: 23 February 2026
Location: Thiruvananthapuram
Project Scope: Container Freight Station Development
Land Provision: By VISL on mutually agreed terms

Facility Specifications

The proposed Container Freight Station is expected to feature comprehensive logistics infrastructure including Customs-bonded area, warehouse facilities, container handling and storage yards, and import-export cargo handling facilities. The development will also incorporate weighbridges and other related facilities designed to provide seamless end-to-end services to customers.

Facility Component: Description
Customs Area: Bonded area for customs operations
Storage: Warehouse and container yards
Cargo Handling: Import-export facilities
Weighbridges: Cargo weighing infrastructure
Service Model: End-to-end customer solutions

Strategic Significance

This collaboration represents Container Corporation of India's strategic approach to strengthening multimodal logistics capabilities and improving cargo handling efficiencies at Vizhinjam International Seaport. The partnership aligns with the shared vision of developing Vizhinjam as a key deep-water transshipment hub and gateway for global maritime trade.

The agreement reinforces CONCOR's commitment to providing seamless, rail-led multimodal logistics solutions and expanding logistics infrastructure in line with the evolving needs of India's EXIM trade. Following the MOU signing, both parties will enter into a detailed agreement to frame specific terms and conditions of mutual collaboration.

The partnership is expected to support the development of an integrated logistics ecosystem, contributing to regional and national economic growth while enhancing India's position in global maritime trade networks.

Source: None/Company/INE111A01025/7ce20b07-ee87-4bff-bfb8-2dc5c6098cb5.pdf

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CONCOR Appoints Rajesh Kumar Singh as Group General Manager (Domestic Division)

1 min read     Updated on 19 Feb 2026, 08:16 PM
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Overview

Container Corporation of India Limited (CONCOR) has appointed Shri Rajesh Kumar Singh as Group General Manager (Domestic Division) effective February 16, 2026. Singh, an IRTS officer with extensive Indian Railways experience, joined on immediate absorption basis from his previous role as CPTM/Northern Railway. His term will continue until superannuation in October 2028, and the appointment was disclosed to stock exchanges under SEBI Regulation 30 compliance requirements.

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Container Corporation of India Limited (CONCOR) has announced a key management appointment, naming Shri Rajesh Kumar Singh as Group General Manager (Domestic Division). The appointment represents a strategic addition to the company's leadership team as it continues to strengthen its domestic operations.

Appointment Details

The company informed stock exchanges about Singh's appointment through an official communication dated February 19, 2026. The appointment was formalized through office order No. CON/HR/201/2586/CN101436 dated February 19, 2026.

Parameter: Details
Position: Group General Manager (Domestic Division)
Joining Date: February 16, 2026 (Afternoon)
Appointment Type: Immediate absorption basis
Term Duration: Until superannuation in October 2028
Previous Role: CPTM/Northern Railway

Professional Background

Shri Rajesh Kumar Singh brings significant railway sector expertise to his new role at CONCOR. As an Indian Railway Traffic Service (IRTS) officer, he has accumulated extensive experience working within Indian Railways operations. His most recent assignment was as Chief Personnel Transportation Manager (CPTM) at Northern Railway, a position that provided him with comprehensive understanding of railway operations and management.

The appointment reflects CONCOR's strategy of leveraging experienced railway professionals to enhance its domestic division operations. Singh's background in Indian Railways aligns well with CONCOR's core business of container transportation and logistics services.

Regulatory Compliance

CONCOR fulfilled its disclosure obligations by informing both major stock exchanges about this appointment. The company sent official communications to:

  • The Bombay Stock Exchange Ltd., Mumbai (through BSE Listing Centre)
  • National Stock Exchange of India Ltd. (through NEAPS)

This notification was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates listed companies to disclose material events and information that could impact investor decisions.

Strategic Significance

The appointment of Singh as Group General Manager for the Domestic Division underscores CONCOR's focus on strengthening its domestic operations. His railway sector experience and operational expertise are expected to contribute to the company's domestic logistics and container transportation initiatives. The immediate absorption basis of his appointment indicates the company's urgency in filling this key leadership position.

Historical Stock Returns for Container Corporation of India

1 Day5 Days1 Month6 Months1 Year5 Years
+0.81%+1.76%+1.85%-9.05%-8.26%+15.41%
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