IRCTC announces the appointment of Shri Rajneesh Narain as Additional Director (Finance), effective June 15, 2026. With over thirty years of experience in the coal industry and a Master’s in Business Administration (Finance), Shri Narain brings extensive financial expertise to IRCTC. He has previously held key finance roles, including Director (Finance) at Northern Coalfields Limited and CFO of Chhattisgarh East Railway Limited. He is not related to any existing Directors or KMPs and holds 100 shares in the company.
IRCTC Welcomes New Director (Finance)
Indian Railway Catering and Tourism Corporation Limited (IRCTC) is pleased to announce a significant addition to its leadership team. Effective June 15, 2026, Shri Rajneesh Narain has been appointed as an Additional Director (Finance) to the Board of Directors. This strategic appointment underscores IRCTC’s commitment to strengthening its financial governance and strategic direction.
Shri Rajneesh Narain: A Profile in Financial Leadership
Shri Rajneesh Narain brings a wealth of experience to IRCTC, boasting over thirty years of distinguished service in the coal industry. He holds a Master of Business Administration (Finance) and has a proven track record of leadership in key financial positions. Prior to joining IRCTC, Shri Narain served as the Director (Finance) at Northern Coalfields Limited (NCL). He also played a pivotal role as the Chief Financial Officer (CFO) for Chhattisgarh East Railway Limited (CERL) and Chhattisgarh East West Railway Limited (CEWRL), subsidiary companies of SECL, for a period of 6 years.
His professional journey includes heading corporate accounts teams and managing crucial responsibilities such as business diversification, accounting, taxation, fund management, contract management, and budgetary control. Shri Narain is recognized as a keen financial analyst, a strategic thinker, and possesses strong skills in negotiation, stakeholder management, team building, and mentoring.
Governance and Shareholding Confirmation
In compliance with regulatory requirements, IRCTC confirms that Shri Rajneesh Narain has not been debarred from holding the office of director by any SEBI order or any other authority. Furthermore, it is confirmed that Shri Narain is not related to any existing Director or Key Managerial Personnel (KMP) of the Company. As per his declaration, Shri Narain holds 100 equity shares in IRCTC.
Updated Board Composition
The appointment of Shri Rajneesh Narain as Director (Finance) is a key development in the Board’s ongoing efforts to enhance its expertise and strategic oversight. A detailed profile of Shri Rajneesh Narain and the updated list of the Board of Directors are provided in the attached annexures.
Source: BSE