Ajit Kumar Panda Appointed CMD of Container Corporation of India Ltd
Container Corporation of India Ltd. has confirmed the appointment of Shri Ajit Kumar Panda to the post of Chairman and Managing Director (CMD) of the company, following approval by the Ministry of Railways (MOR).The Competent Authority, under the Ministry of Railways (MOR), approved the designation vide an order dated 29.06.2026. Shri Ajit Kumar Panda currently serves as a Director (Project & Services) at Container Corporation of India Ltd. (CONCOR).
As per the terms set by the Competent Authority, Shri Ajit Kumar Panda will serve in the role of CMD, CONCOR. The scale of pay allocated for this position is Rs.2,00,000 to 3,70,000/- (IDA).
The appointment period commences from the date of assumption of charge, which must be on or after August 1, 2026. His tenure is set up until his superannuation, scheduled for August 31, 2028, or until further orders are issued, whichever occurs earlier.
CONCOR Stock Price Movement
Today, shares of Container Corporation of India Limited edged higher to settle at ₹470.45 after gaining 0.14%. The stock traded on a volume of 1.42 million shares during the post-market session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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