Saleem Ahmad Assumes Additional Charge of CMD at Ircon International Limited
Ircon International Limited has confirmed that Shri Saleem Ahmad has assumed the additional charge of Chairman and Managing Director (CMD) of the company, effective July 1, 2026. This appointment comes following an order issued by the Ministry of Railways.Shri Saleem Ahmad holds the designation of Chief Executive Officer (CEO) and Key Managerial Personnel (KMP) in addition to his role as CMD, effective from the same date. The term of this additional charge is set for a period of one year or until the post is assumed by the regular incumbent, whichever occurs earlier.
The appointment was made following a Board meeting held on June 26, 2026.
Professional Background and Experience
Shri Saleem Ahmad brings over 35 years of extensive experience to the construction sector. He holds a degree in Civil Engineering from Jamia Millia Islamia University, New Delhi. His professional history includes significant involvement in large scale infrastructure projects, specializing in bridges, tunnels, and residential and commercial developments.He is currently the CMD of Rail Vikas Nigam Limited. Earlier in his career, he served as Director (Project) at NBCC (India) Ltd., Executive Director (Civil) at Delhi Metro Rail Corporation Ltd., and held a position at Mumbai Port Trust. His contributions span sustainable infrastructure, including presenting papers at national and international forums and playing a pivotal role in designing last-mile connectivity solutions during his tenure at DMRC.
Shri Saleem Ahmad is not related to any other director of the company.
Appointment Details Summary
The following table provides details regarding Shri Saleem Ahmad's appointment as CMD and CEO:| Detail | Specification |
|---|---|
| Reason for Change | Appointment of Shri Saleem Ahmad as CMD on additional charge, and designation as CEO and KMP of the Company. |
| Date of Appointment | July 1, 2026 |
| Term of Appointment | One year or until the assumption of charge by the regular incumbent, whichever is earlier. |
| Educational Qualifications | Bachelor's degree in Civil Engineering from Jamia Millia Islamia University, New Delhi. |
IRCON Stock Price Movement
Ircon International Limited shares rallied today, closing at ₹135.64, marking a gain of 3.30%. The stock traded during the session within an intraday range set between ₹131.30 and ₹137.47.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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