RVNL CMD Saleem Ahmad To Get Additional Charge of IRCON CMD as Hari Mohan Gupta Retires on June 30 – Indian PSU
IRCON International Ltd. has announced that its Chairman and Managing Director, Hari Mohan Gupta, will retire on June 30, 2026, upon attaining the age of superannuation.
Following his retirement, the Ministry of Railways has entrusted the additional charge of the post of CMD, IRCON, to Saleem Ahmad, who is currently serving as Chairman and Managing Director of Rail Vikas Nigam Limited.
According to an order issued by the Railway Board on June 23, 2026, Saleem Ahmad will assume the additional responsibility of CMD, IRCON International Limited, for a period of one year with effect from the date he takes charge on or after July 1, 2026.
The arrangement will continue until a regular incumbent assumes charge of the post or until further orders are issued by the Ministry of Railways, whichever is earlier.
Hari Mohan Gupta to Retire on June 30
The position of Chairman and Managing Director at IRCON will fall vacant from July 1, 2026, following the retirement of Hari Mohan Gupta. During his tenure, IRCON strengthened its position as one of India’s leading engineering and construction PSUs, executing railway, highway, metro, and infrastructure projects in India and abroad.
In a regulatory filing, IRCON informed stock exchanges that it is initiating all necessary procedures for the appointment of Saleem Ahmad as CMD in compliance with the Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, and other applicable statutory provisions.
Railway Board Issues Appointment Order
The decision was communicated through an official order issued by the Railway Board under the Ministry of Railways on June 23, 2026.
Saleem Ahmad currently heads RVNL, one of the key infrastructure development companies under the Ministry of Railways. His additional charge at IRCON is expected to ensure leadership continuity and operational stability while the process for appointing a regular CMD is undertaken.
The move underscores the government’s emphasis on maintaining seamless leadership transitions across major railway sector public enterprises.
