CONCOR Appoints Rakesh Kumar Rousan as Part-time Government Director

Container Corporation of India Limited (CONCOR), a multi-modal logistics company and Navratna CPSE of the Government of India, has announced a significant change in its board composition. The Ministry of Railways has appointed Shri Rakesh Kumar Rousan as a Part-time Government Director on CONCOR's Board, effective immediately.

Key Details of the Appointment

Aspect	Details
Appointee	Shri Rakesh Kumar Rousan
Position	Part-time Government Director
Appointing Authority	Ministry of Railways
Effective Date	Immediate
Tenure	Until holding the post of Executive Director (BD), Railway Board or until further orders, whichever is earlier

Appointment Process and Disclosure

CONCOR has stated that it is in the process of completing the required procedures for this appointment in accordance with the Companies Act 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has committed to filing the necessary disclosures with the stock exchanges within the stipulated time frame.

This appointment reflects the ongoing governance practices in public sector enterprises, where government representatives often serve on the boards to oversee operations and ensure alignment with broader policy objectives.

For investors and stakeholders, this change in board composition may be of interest as it could potentially influence the company's strategic direction and decision-making processes. However, the specific impact of this appointment on CONCOR's operations or strategies remains to be seen.

As a Navratna CPSE, CONCOR plays a crucial role in India's logistics sector, and changes in its leadership structure are closely watched by industry observers and market participants alike.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.20%	+0.28%	-1.77%	-12.25%	-16.60%	+60.55%

Container Corporation of India Ltd. (CONCOR), a Navratna PSU under the Ministry of Railways, has reported a significant increase in its total throughput for the quarter ending September, alongside a strategic partnership with UltraTech Cement Ltd.

Throughput Growth

CONCOR achieved a 10.54% year-over-year increase in total throughput for the quarter ending September. This growth indicates improved operational performance in the company's logistics and container handling business.

The breakdown of CONCOR's throughput performance is as follows:

Segment	Q2 FY26 (TEUs)	Q2 FY25 (TEUs)	YoY Growth
EXIM	10,93,453	10,05,755	8.72%
DOM	3,47,271	2,97,647	16.67%
Total	14,40,724	13,03,402	10.54%

The domestic (DOM) segment showed particularly strong growth at 16.67% year-over-year, while the EXIM (Export-Import) segment grew by 8.72%.

Strategic Agreement with UltraTech Cement

In a significant move to promote rail-based cargo movement and support India's vision of sustainable logistics, CONCOR has entered into a strategic agreement with UltraTech Cement Ltd., India's largest cement manufacturer. The agreement, signed on October 7, focuses on transporting bulk cement using specialized tank containers.

Key points of the agreement include:

CONCOR will provide dedicated rakes for bulk cement transportation across identified rail corridors.
This initiative aims to promote a modal shift from road to rail, offering a more sustainable, efficient, and reliable alternative for cement transportation.
The partnership is expected to streamline cement supply chains, reduce road congestion, lower transportation costs, and significantly cut down carbon emissions.

Outlook

This strategic move is anticipated to set new benchmarks in bulk logistics and pave the way for scalable, green logistics solutions in other sectors. By leveraging Indian Railways' extensive network and CONCOR's proven capabilities in logistics and multimodal transportation, this partnership could potentially reshape the landscape of cement logistics in India.

Upcoming Financial Results

CONCOR has scheduled a board meeting for November 11 to consider and approve the unaudited financial results for the quarter and period ended September 30. The board may also consider declaring a second interim dividend during this meeting.

Investors and stakeholders should note that the trading window for CONCOR's equity shares is closed for designated persons and their immediate relatives from October 1 until 48 hours after the declaration of the financial results.

As CONCOR continues to show growth in its core operations and explores strategic partnerships, investors will be keenly watching the upcoming financial results for further insights into the company's performance and future prospects.