IRCTC Share Price in Focus; Appoints Rajneesh Narain as CFO with Effect from July 14, 2026

Indian Railway Catering and Tourism Corporation (IRCTC) has appointed Rajneesh Narain as its Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), with the appointment taking effect from 14 July 2026 following board approval. 

The decision was taken at the board meeting held on Monday and disclosed to the stock exchanges through a filing dated July 14, 2026. 

Takes on Additional Responsibility 

Narain had joined IRCTC as Director (Finance) on 15 June 2026. Less than a month later, the board entrusted him with the additional responsibility of CFO.  

As Chief Financial Officer, he will also be designated as a Key Managerial Personnel under the Companies Act and SEBI regulations.  

3 Decades in Public Sector Finance 

According to the company, Narain has more than 30 years of experience in the coal industry. He has worked across finance, accounting, taxation, fund management, budgetary control and contract management.  

His professional career began in the Sohagpur area of South Eastern Coalfields Limited (SECL), where he held several finance-related positions over the years.  

Previous Leadership Roles 

Before joining IRCTC, Narain served as Director (Finance) at Northern Coalfields Limited (NCL). He also headed the corporate accounts function at SECL and was associated with business diversification initiatives.  

In addition, he worked as Chief Financial Officer of Chhattisgarh East Railway Limited (CERL) and Chhattisgarh East West Railway Limited (CEWRL), subsidiaries of SECL, for six years. He holds an MBA in Finance.  

Other Disclosures 

IRCTC stated that Narain has no inter-se relationship with any director of the company. The filing also disclosed that he holds 100 equity shares in IRCTC at the time of his appointment. These details formed part of the annexure accompanying the regulatory filing.  

Indian Railway Catering and Tourism Corporation (IRCTC) Share Price Performance  

As of July 14, 2026, 3:30 pm, IRCTC share price closed at ₹497.05, down 1.04% from the previous closing price. 

Read More: Nuvoco Vistas Share Price Gains Over 7%; Q1 Profit Rises 20%, Revenue Up 8.9%! 

Conclusion 

The appointment of Rajneesh Narain as CFO and Key Managerial Personnel is effective from 14 July 2026. IRCTC has made the required disclosures under SEBI's listing regulations. 

For daily market updates and regular stock market news in Hindi, stay tuned to Angel One's share market news in Hindi. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   
 
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.