New Delhi: The Ministry of Railways has approved the appointment of Mr. Rajesh Naik as Director (Projects) of IRCON International Limited, effective from the date of assumption of charge. Naik, currently serving as General Group Manager (GGM) at RITES Ltd., will hold the position until his superannuation on May 31, 2030, or until further orders.
The appointment was formalised through Ministry of Railways order No. 2024/E(O)/40/21, ensuring compliance with the Companies Act, 2013 and SEBI (LODR) Regulations, 2015.
Key Details of Appointment
- Name: Mr. Rajesh Naik
- Current Role: GGM, RITES Ltd.
- New Role: Director (Projects), IRCON International Ltd.
- Pay Scale: ₹1,80,000 – ₹3,40,000 (IDA)
- Tenure: Till 31 May 2030 or further orders
The Ministry of Railways has requested Naik to assume charge immediately, while RITES Ltd. has been asked to relieve him without delay.
Read also: IRCON Reports Q3 FY26 Revenue and Profit Decline, Approves Interim Dividend of ₹1.20 Per Share
Selection Process
- Recommended by the Public Enterprises Selection Board (PESB) on October 30, 2025
- Selected from a list of 11 candidates
- Appointment reflects IRCON’s strategic focus on strengthening project execution capabilities for national infrastructure initiatives
Leadership Impact
Pratibha Aggarwal, Company Secretary & Compliance Officer of IRCON, stated:
“Mr. Naik brings extensive experience from RITES, and his leadership will bolster IRCON’s project delivery and operational excellence.”
His appointment is expected to enhance IRCON’s ongoing infrastructure projects, including railway and metro development in India and abroad.
About IRCON International Limited
IRCON International Limited is a premier infrastructure and engineering company under the Ministry of Railways, specialising in executing large-scale projects in railways, highways, bridges, and urban transit systems.
Read also: IRCON Appoints Sudhir Singh as Director Projects to Strengthen Railway and Infrastructure Projects
