Indian Railway Catering and Tourism Corporation Limited (IRCTC) has announced the appointment of Dr. Sachin Balkrishna Sabnis as an Additional Director (Independent Director) to its Board. This appointment is effective from August 13, 2026. Dr. Sabnis brings extensive experience from the engineering and manufacturing sectors, with a notable entrepreneurial background. He has confirmed he is not related to any current Director or Key Managerial Personnel and holds no shares in the company.
Board Expansion at IRCTC
Indian Railway Catering and Tourism Corporation Limited (IRCTC) has officially welcomed Dr. Sachin Balkrishna Sabnis to its Board of Directors as an Additional Director (Independent Director). This significant governance update is effective starting August 13, 2026, as per the company’s announcement on August 14, 2026. The appointment underscores IRCTC’s commitment to strengthening its board oversight with diverse professional expertise.
Dr. Sabnis’s Profile and Experience
Dr. Sachin B. Sabnis, born in 1972, is a seasoned entrepreneur with over three decades of experience in the engineering and manufacturing industry. He holds a Mechanical Engineering degree from K.L.E. College of Engineering. Dr. Sabnis is the founder of several manufacturing entities, including M/s Sai Founders & Engineers and Belgaum Ferrocast India Pvt. Ltd. (BFPL), which has an annual turnover of approximately ₹100 crore and employs over 600 individuals. His international business exposure and significant contributions to various government institutions and industry bodies, including the Employees’ Provident Fund Organisation (EPFO), highlight his extensive network and leadership capabilities.
Board Confirmation and Compliance
In line with regulatory requirements, IRCTC has confirmed that Dr. Sabnis has not been debarred from holding a directorship by any SEBI order or other relevant authority. Furthermore, it is confirmed that Dr. Sabnis has no existing relationship with any Director or Key Managerial Personnel (KMP) of IRCTC and holds nil equity shares in the company. His profile and an updated list of the Board of Directors are provided in the annexures to the disclosure.
Source: BSE
