Container Corporation of India Limited (CONCOR) has received a significant GST demand order from the Ahmedabad tax authorities, totaling ₹2.54 crores for the financial year 2021-22. The company disclosed this development through a regulatory filing under Regulation 30 of the SEBI Listing Regulations.

GST Demand Details

The Assistant Commissioner of State Tax, Unit-7, Ahmedabad issued the demand order, alleging excess availment of Input Tax Credit by the company. The total demand comprises multiple components as detailed below:

Company's Response and Position

CONCOR has strongly disputed the allegations made by the tax authority. Based on the company's internal assessment, management believes that no excess Input Tax Credit was availed or utilized during the period in question. The company has categorically stated that there is no material impact on its financial, operational, or other activities due to this demand order.

Legal Action and Next Steps

The logistics major has indicated that it plans to take appropriate action to contest the demand, including filing an appeal in the matter. This suggests that CONCOR is confident in its position and intends to challenge the tax authority's findings through the established legal framework.

Regulatory Compliance

The disclosure was made in compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. As a listed Navratna CPSE under the Government of India, CONCOR maintains transparency with its stakeholders through timely regulatory disclosures of material developments.

The company received the order and promptly informed the stock exchanges, demonstrating adherence to corporate governance standards.

Container Corporation of India Ltd has announced key promotions in its senior management team, elevating two experienced railway professionals to Group General Manager positions. The Navratna CPSE informed stock exchanges about these appointments through an official communication dated December 19, 2025.

Senior Management Appointments

The company has promoted two officials to senior management positions as per office order No. CON/HR/CN99446/ dated December 18, 2025. Both appointments involve promotions to Group General Manager (CO) roles.

Professional Background

Smt. Suhani Mishra

Smt. Suhani Mishra is an IRTS officer from the 2008 batch of Civil Service, bringing 17 years of comprehensive experience in railway operations. Her expertise spans multiple critical areas including operations, safety, planning, strategic management, and disaster management. She has extensive experience in both suburban and freight operations within Western Railway and the Rail Ministry.

Her career progression includes heading operations across major divisions:

• Mumbai division of Western Railway
• Ratlam division of Western Railway
• Vadodara division of Western Railway
• Ahmedabad division of Western Railway

Additionally, she served as Director at Railway Board for five years, demonstrating her strategic and policy-level expertise.

Shri Monu Luthra

Shri Monu Luthra, an IRTS officer from the 2007 batch, brings over 17 years of diverse experience in Indian Railways. His professional background encompasses operations, commercial activities, safety protocols, and training functions across the railway network.

His educational and professional credentials include:

• IIT Roorkee Computer Science graduate
• Prior software industry experience
• IIT Delhi Supply Chain Management certification
• Strong techno-managerial expertise

This combination of technical education, industry experience, and railway operations knowledge positions him well for senior management responsibilities.

Regulatory Compliance

The appointments were announced in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company formally notified both the Bombay Stock Exchange Ltd., Mumbai and National Stock Exchange of India Ltd. about these senior management changes.

These promotions reflect Container Corporation of India's commitment to advancing experienced railway professionals within its organizational structure, leveraging their extensive operational expertise to strengthen the company's multi-modal logistics capabilities.