IRCON International's Executive Director Yogesh Kumar Misra Retires

1 min read     Updated on 31 Oct 2025, 06:14 PM
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Riya DeyScanX News Team
Overview

Shri Yogesh Kumar Misra, Executive Director/Infrastructure at Ircon International Limited, has retired upon reaching superannuation age. The retirement is effective from October 31, 2025, at the end of the day. Ircon International, a Navratna company and Government of India undertaking, has informed the stock exchanges about this change in compliance with SEBI regulations.

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Ircon International Limited, a Navratna company and Government of India undertaking, has announced a significant change in its senior management. Shri Yogesh Kumar Misra, who held the position of Executive Director/Infrastructure, has retired from the company upon reaching superannuation age.

Key Details of the Retirement

Aspect Details
Name Shri Yogesh Kumar Misra
Position Executive Director/Infrastructure
Reason for Cessation Superannuation
Effective Date October 31, 2025 (End of Day)

Regulatory Compliance

Ircon International Limited has duly informed the stock exchanges about this senior management change in compliance with the Securities and Exchange Board of India (SEBI) listing regulations. The company filed the necessary intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Additional Information

The company provided further details in its regulatory filing:

  • The cessation was effective from October 31, 2025, at 5:30 P.M.
  • The information was shared with both BSE Limited and the National Stock Exchange of India Limited.

This management change marks the end of Shri Yogesh Kumar Misra's tenure with Ircon International Limited. As a Navratna company, Ircon plays a significant role in infrastructure development, and changes in its senior management are closely watched by investors and industry observers.

The company's prompt disclosure of this information underscores its commitment to transparency and adherence to regulatory requirements, ensuring that all stakeholders are kept informed of significant changes within the organization.

Historical Stock Returns for Ircon International

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IRCON International JV Secures 1.68 Billion Rupee Contract from MSETCL

1 min read     Updated on 24 Oct 2025, 10:38 PM
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Reviewed by
Shriram ShekharScanX News Team
Overview

Ircon International Limited's joint venture with Finolex J-Power Systems has been awarded a Rs. 1.68 billion turnkey contract by Maharashtra State Electricity Transmission Co. Ltd (MSETCL). The project involves constructing a 220kV D/C transmission line from Koradi-II SIS to Mankapur S/S in Nagpur Zone. The contract has an 18-month execution timeframe, excluding monsoon. Ircon holds a 51% share in the joint venture, while Finolex J-Power Systems holds 49%.

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Ircon International Limited , a prominent player in the infrastructure sector, has announced a significant business win through its joint venture with Finolex J-Power Systems. The partnership has been awarded a turnkey contract worth 1.68 billion rupees from Maharashtra State Electricity Transmission Co. Ltd (MSETCL), marking a notable achievement for the joint venture.

Contract Details

The contract, awarded by MSETCL, involves the construction of a 220kV D/C transmission line from the 400/220 kV Koradi-II SIS to Mankapur S/S in the Nagpur Zone. This project will be executed on a turnkey basis, showcasing the joint venture's comprehensive capabilities in power infrastructure development.

Here are the key details of the contract:

Particulars Details
Awarding Entity Maharashtra State Electricity Transmission Co. Ltd (MSETCL)
Contract Nature Turnkey Works Contract
Project Scope Construction of 220kV D/C from 400/220 kV Koradi-II SIS to Mankapur S/S (O/H+U/G)
Location Nagpur Zone
Contract Value Rs. 1,684,053,404 (Excluding GST)
Execution Timeframe 18 Months (Excluding Monsoon)
Joint Venture Composition Ircon International Limited (51% share), Finolex J-Power System Ltd (49% share)

Strategic Implications

This contract win underscores Ircon International's strong position in the infrastructure sector and its ability to secure significant projects through strategic partnerships. The collaboration with Finolex J-Power Systems combines the strengths of both companies, potentially enhancing their competitive edge in the power transmission infrastructure market.

The project's focus on developing critical power transmission infrastructure aligns with India's ongoing efforts to upgrade and expand its electricity network. Such initiatives are crucial for improving power distribution efficiency and supporting the country's growing energy demands.

Conclusion

As Ircon International and its joint venture partner embark on this substantial project, industry observers will be keen to see how this contract contributes to the company's overall performance and market position. The successful execution of this project could pave the way for more such opportunities in the future, further solidifying Ircon's reputation in the infrastructure development sector.

Historical Stock Returns for Ircon International

1 Day5 Days1 Month6 Months1 Year5 Years
+1.01%-0.52%-5.31%-5.82%-15.14%+295.02%
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