What was filed
Ircon International told the exchanges that Shri Saleem Ahmad (DIN: 10119432) assumed the additional charge of Chairman & Managing Director (CMD) of the company with effect from 1 July 2026. The appointment follows Ministry of Railways Order no. 2023/E(O)II/40/15 dated 23 June 2026. From the same date, the Board — which met on 26 June 2026 — also designated him as Chief Executive Officer and Key Managerial Personnel of the company.
The filing notes the appointment is on an additional-charge basis and is time-bound: it runs for one year, or until a regular incumbent takes charge, or until further orders, whichever is earliest.
Who is stepping in
Per the filing, Saleem Ahmad is currently CMD of Rail Vikas Nigam Limited and holds a degree in Civil Engineering from Jamia Millia Islamia University. The company said he brings over 35 years of experience in the construction sector, with work on large-scale infrastructure projects including bridges and tunnels. His earlier roles cited in the filing include Director (Project) at NBCC (India) Ltd., Executive Director (Civil) at Delhi Metro Rail Corporation, and a prior position at Mumbai Port Trust.
Ircon confirmed he has not been debarred from holding the office of director by any SEBI or other order, and that he is not related to any other director of the company.
The context
This is a leadership transition at a railway-focused public sector infrastructure company, effected through a Ministry of Railways order rather than a fresh open selection — a common route for interim executive charge at government-owned entities. The arrangement is explicitly interim: the top executive seat is held on additional charge pending a regular appointment, which the filing itself flags by capping the term at one year or the earlier arrival of a permanent incumbent.