Ircon International Limited has announced the designation of Shri Rajesh Naik as a Key Managerial Personnel (KMP) of the company. This decision was made during the Board of Directors meeting held on 7th May 2026.
Shri Rajesh Naik, who holds the position of Director (Projects), has been designated as KMP effective from 13th February 2026. His tenure will continue until his superannuation on 31st May 2030, or until further orders, whichever occurs earlier. This appointment follows the Ministry of Railways Order dated 12th February 2026.
Naik brings over 32 years of professional experience, including more than 12 years internationally, across countries such as Oman, Bangladesh, Guyana, Botswana, Paraguay, Uruguay, and the Philippines. His expertise spans planning, engineering, project management, contract management, risk management, dispute resolution, marketing, and strategy for large-scale infrastructure projects.
A Bachelor of Civil Engineering, Naik is also certified in Advanced Project Management and Contractual Dispute Resolution from AIMA. He is a lifetime member of the Chartered Institute of Logistics and Transport (CILT) and the Indian Roads Congress (IRC). His career includes leadership roles in both government and private sectors, with significant contributions at RITES Ltd., Indian Port Rail & Ropeway Corporation Ltd., and others.
Naik’s vision for Ircon International focuses on nation-building and shareholder value creation, aiming to position the company as a leading provider of engineering solutions by leveraging its strengths and integrating artificial intelligence and global best practices.
The board meeting also addressed fines imposed by stock exchanges for non-compliance with certain SEBI regulations regarding board composition. Ircon International, a government company, clarified its position, noting that director appointments are under the purview of the Government of India, specifically the Ministry of Railways.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).