IRCTC has filed a regulatory disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding a change in board composition.
The company received a letter from the Ministry of Railways, Government of India dated June 22, 2026 (received on June 23, 2026) conveying that the Competent Authority has approved the resignation of Shri Sanjay Kumar Jain from the post of Chairman and Managing Director of IRCTC. The resignation is effective from July 20, 2026.
The Ministry of Railways letter also stated that orders for additional charge of the post of CMD/IRCTC will be issued in due course.
The resignation letter from Shri Sanjay Kumar Jain (DIN: 09629741) was submitted on April 20, 2026 to the Secretary, Railway Board, Ministry of Railways. He resigned on personal grounds in terms of Para 1.1 of his appointment letter No. 2019/E(O)II/40/18 dated August 29, 2024. He requested to be relieved on completion of the notice period.
In his resignation letter, Jain expressed gratitude for the opportunity to serve and noted that during his tenure, the company progressed from "Mini Ratna to Nav Ratna" and "Schedule B to Schedule A." He remains committed to ensuring a smooth and orderly transition.
The disclosure includes all required information under Regulation 30 read with sub-para 7C of Para A of Part A of Schedule III of SEBI (LODR) Regulations, 2015, with the resignation letter enclosed as Annexure-II.
The document was digitally signed by Suman Kalra, Company Secretary and Compliance Officer of IRCTC, on June 23, 2026 at 16:21:54 IST.
Financial Impact
No financial impact quantified in the disclosure. The resignation represents a management change with operational transition implications.