New Delhi: The Ministry of Railways has entrusted Ms. Pallavi Joshi, a senior officer of the Indian Railway Accounts Service (IRAS), with the additional charge of Director (Finance) at Container Corporation of India Limited (CONCOR). The appointment was formalized through Ministry order number 2017/E(O)II/40/31 dated April 8, 2026, and will remain in effect until further instructions.
Ms. Joshi currently serves as Executive Director Finance (C&PPP) at the Railway Board. The additional charge at CONCOR takes effect immediately upon her assumption of the role.
Key Details of the Appointment
- Ms. Joshi will oversee financial operations, including budgeting, financial reporting, and audit coordination at CONCOR.
- The appointment ensures uninterrupted leadership in the finance function while a permanent Director (Finance) is identified.
- CONCOR has informed both BSE and NSE under Regulation 30 of SEBI Listing Regulations, complying with disclosure requirements.
Why the Additional Charge Was Necessary
The Director (Finance) post at CONCOR required an interim arrangement due to procedural delays in appointing a permanent successor. By assigning Ms. Joshi, the Ministry of Railways ensures continuity in financial governance, leveraging her extensive experience in railway finance and public-private partnership matters.
Impact on CONCOR and Stakeholders
The additional charge provides operational stability and maintains investor confidence. Ms. Joshi’s dual role strengthens regulatory compliance and ensures seamless financial oversight. Employees in the finance department will report directly to her during this interim period.
The Railway Board’s decision highlights confidence in Ms. Joshi’s capability to manage two critical finance positions simultaneously, safeguarding strategic decision-making at the PSU.
About Container Corporation of India Ltd. (CONCOR)
Container Corporation of India Limited (CONCOR) is India’s premier logistics and container transport company, operating the country’s largest network of container trains and inland depots. The company plays a vital role in facilitating EXIM trade and domestic logistics while ensuring efficient freight movement across the nation.
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