Management Change24 Jul 2026, 06:40 pm
Ajit Kumar Panda Appointed CMD of CONCOR from Aug 1, 2026
AI Summary
Container Corporation of India Ltd (CONCOR) announced the appointment of Sh. Ajit Kumar Panda as its Chairman and Managing Director (CMD). The appointment is effective from August 1, 2026, or thereafter, and will continue until his superannuation on August 31, 2028, or until further orders. Sh. Panda is currently the Director (Projects & Services) at CONCOR. The Board of Directors approved this appointment based on the recommendation of the Nomination & Remuneration Committee and in compliance with orders from the Ministry of Railways. It has also been confirmed that Sh. Panda has not been debarred from holding any directorship by any authority.
Key Highlights
- Ajit Kumar Panda appointed as CMD of CONCOR.
- Effective date is on or after August 1, 2026.
- Tenure extends until August 31, 2028 (superannuation).
- Appointment follows Ministry of Railways order.
- Panda confirmed not debarred from directorship.
Price Impact
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