Container Corporation of India Limited (CONCOR), a Navratna Central Public Sector Enterprise under the Ministry of Railways, on 29 June 2026 announced the appointment of Shri Ajit Kumar Panda as Chairman and Managing Director. The Ministry of Railways issued Order No. 2025/E(O)II/40/7 dated 29 June 2026 conveying the Competent Authority's approval for Shri Panda's appointment to the top executive post at the multi-modal logistics company.
CONCOR disclosed the appointment to the Bombay Stock Exchange and the National Stock Exchange under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The disclosure to both stock exchanges was made on the same date through a single filing addressed to both exchanges simultaneously. CONCOR is a multi-modal logistics company and a Navratna Central Public Sector Enterprise under the Government of India, operating under the administrative control of the Ministry of Railways.
Shri Panda currently serves as Director (Project and Services) at CONCOR. The Competent Authority approved his elevation from his board-level position to the post of CMD at the multi-modal logistics corporation. The appointment was communicated by the company secretary of CONCOR.
Shri Panda's appointment as CMD takes effect on or after 1 August 2026, from the date he assumes charge of the post. The CMD position carries a pay scale of Rs 2,00,000-3,70,000 (IDA). His tenure as CMD runs until his superannuation on 31 August 2028, or until further orders from the Ministry of Railways, whichever is earlier.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.