StockWatch
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Management Change29 Jun 2026, 03:14 pm

CONCOR Appoints Ajit Kumar Panda as CMD

AI Summary

Container Corporation of India Ltd (CONCOR) has announced the appointment of Shri Ajit Kumar Panda, currently Director (Project & Services), to the post of Chairman and Managing Director (CMD). The appointment, approved by the Ministry of Railways, is effective from his assumption of charge on or after August 1, 2026, until his superannuation on August 31, 2028, or further orders. The company is completing the necessary procedures as per the Companies Act 2013 and SEBI regulations.

Key Highlights

  • Shri Ajit Kumar Panda appointed as CMD of CONCOR.
  • Appointment is effective from August 1, 2026, until August 31, 2028.
  • Ministry of Railways approved the appointment.
  • Company is completing statutory procedures for the appointment.