IRCTC Amends Articles of Association Post Navratna Status

Indian Railway Catering and Tourism Corporation Ltd (IRCTC) has amended its Articles of Association following the grant of Navratna status by the Government of India. The amendments, approved by shareholders at the 27th Annual General Meeting on September 29, 2026, pertain to Article 59(vi) and Article 69(xxvi)(n). These changes enhance the company's powers regarding the promotion of subsidiaries and capital expenditure on new projects, aligning them with Navratna status guidelines. Specifically, Article 59(vi) now allows for greater flexibility in promoting wholly or partly owned companies and entering into profit-sharing arrangements beyond previous limits, subject to government guidelines. Article 69(xxvi)(n) empowers the company to undertake capital works for new projects, modernization, and equipment purchase, with expenditure limits defined by government guidelines and funded from internal resources within budget allocations. The amendments are subject to approval from the Registrar of Companies (ROC), Delhi.