Container Corporation of India Ltd. (CONCOR) has made a disclosure to the Bombay Stock Exchange and National Stock Exchange of India pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The Ministry of Railways (MOR) issued order no. 2025/E(O)II/40/7 dated 29.06.2026, communicating that the Competent Authority has approved the appointment of Shri Ajit Kumar Panda, currently Director (Project & Services) at Container Corporation of India Ltd., to the post of Chairman & Managing Director (CMD) of CONCOR.
The appointment carries a scale of pay of Rs. 2,00,000-3,70,000/- under the IDA (Industrial DA) structure. The tenure is effective from the date of assumption of charge of the post, which is on or after 01.08.2026, and will continue until Shri Panda's superannuation date of 31.08.2028, or until further orders, whichever occurs earlier.
The company noted that the required procedure for this appointment as per the Companies Act 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is being completed. Necessary disclosures for the same will be filed with the Stock Exchanges within the stipulated time.