IRCON International Ltd informed the exchanges in a BSE filing on 13 August 2026 that the President has appointed Smt. Suman Bala as a non-official independent director on the company’s board. The IRCON independent director appointment is for three years with immediate effect or until further orders, whichever is earlier.

The disclosure was submitted under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. IRCON cited an order issued by the Ministry of Railways on the same date as the basis for the board appointment.

Appointment formalities under way

IRCON said it is taking the necessary steps to complete the appointment formalities in accordance with the Companies Act, 2013 and the SEBI listing regulations. The railway public sector company added that the requisite disclosures concerning the appointment would be submitted in due course.

The event occurred at 5:40 pm on 13 August 2026, according to the filing. IRCON submitted the disclosure to BSE Limited and the National Stock Exchange of India Limited later that evening. Its shares are identified by BSE scrip code 541956 and NSE symbol IRCON.

Railway Ministry order sets tenure

The enclosed Ministry of Railways order states that Suman Bala will serve as a non-official director on IRCON’s board. The tenure is governed by the earlier of two conditions:

  • A period of three years from the appointment taking effect.
  • Any further orders issued before completion of that period.

The Railway Board order was addressed to IRCON’s Chairman and Managing Director. Copies were also marked to the Department of Public Enterprises, the secretariat of the Appointments Committee of the Cabinet, Railway Board officials and the Registrar of Companies for Delhi and Haryana, among others.

IRCON’s exchange communication was signed by Company Secretary and Compliance Officer Pratibha Aggarwal. The filing did not provide further information about the appointee or specify the date on which the remaining corporate formalities would be completed.

Source: BSE corporate announcement.