Indian Railway Catering And Tourism Corporation Limited (IRCTC)

IRCTC has signed a strategic Memorandum of Understanding (MoU) with the Quality Council of India (QCI) on October 15, 2026, to conduct independent, digital food safety and hygiene audits. QCI will deploy certified personnel for unannounced quarterly and half-yearly inspections across all mobile and static catering units. The process mandates geotagged evidence and audit report turnaround within a strict 24-hour window to enforce vendor compliance. While the financial outlay for the agreement was not disclosed, this operational upgrade supports service quality in IRCTC's catering operations, which form part of its Rs 5,425 Cr TTM revenue base.

• MoU signed on October 15, 2026, establishing independent digital food safety audits across IRCTC catering units.
• Audits will be carried out through unannounced quarterly and half-yearly inspection cycles by QCI professionals.
• Inspection reports must be submitted within a 24-hour turnaround window using geotagged and time-stamped mobile evidence.
• Financial contract value or operational cost of the partnership was not disclosed.

IRCTC held its 27th Annual General Meeting on September 29, 2026, where shareholders approved all 8 proposed resolutions with requisite majorities. Approved items include the adoption of FY26 financial statements, confirmation of two interim dividends totaling ₹8.50 per share, and declaration of a final dividend of ₹0.50 per equity share. Other approved resolutions include director re-appointments and remuneration authorization for statutory auditors. Overall, 79.64% of total outstanding shares participated in the voting process.

• All 8 resolutions passed with requisite majorities via remote e-voting and AGM e-voting
• Final dividend of ₹0.50 per equity share approved (alongside ₹5.00 first interim and ₹3.50 second interim dividends)
• Total voter turnout represented 79.64% of total voting capital (63,71,31,702 votes polled)
• Total number of registered shareholders on the record date (September 22, 2026) was 19,94,343

IRCTC has disclosed that SEBI-registered Category II ESG Rating Provider Niche Ninety Nine Capability and Certifications (OPC) Private Limited assigned the company an ESG rating of 60.89, placing it in the 'Performer' band. The assessment was independently conducted solely on public domain information, without IRCTC engaging the agency or participating in report preparation. With IRCTC generating ₹5,215 Cr in TTM revenue, this unsolicited ESG scoring has no direct financial or operational impact.

• Assigned an ESG rating score of 60.89 by Niche Ninety Nine Capability and Certifications (OPC) Private Limited.
• Categorized under the 'Performer' ESG rating band.
• Rating agency is registered with SEBI under 'Category II' ERP framework.
• Assessment conducted independently without company engagement, consultation, or inputs.

Indian Railway Catering And Tourism Corporation Limited (IRCTC) has been assigned an ESG rating of '63' (Category: Strong) by Crisil ESG Ratings & Analytics Limited. The rating was communicated to the company via email on September 16, 2026. IRCTC clarified that it did not engage Crisil for this rating, did not participate in the report's preparation, and the assessment was conducted independently using public domain data. The update is informational and has no direct financial impact on the company's Rs 5,215 Cr TTM revenue base.

• Crisil ESG Ratings assigned an ESG score of '63' to IRCTC
• The rating falls under the 'Strong' category
• Communication received by the company via email on September 16, 2026
• IRCTC had no engagement or participation in the rating preparation, which relied solely on public domain data

The Comptroller & Auditor General of India (C&AG) has appointed M/s Nangia & Co LLP as the Statutory Auditor for IRCTC for the financial year 2026-27 under Section 139 of the Companies Act, 2013. The auditor has provided its consent following the C&AG letter dated September 09, 2026. This is a standard statutory rotation/appointment mandated by the C&AG for government-controlled entities. With IRCTC posting TTM revenue of Rs 5,215 Cr and net profit of Rs 1,393 Cr, this administrative change has no operational or financial impact on earnings.

• C&AG appointed M/s Nangia & Co LLP as Statutory Auditor for FY 2026-27 via letter dated September 09, 2026
• Appointment executed under Section 139 of the Companies Act, 2013
• Audit firm Nangia & Co LLP was established in 1984 and operates across 8 Indian cities with 1,500+ personnel
• IRCTC reported TTM revenue of Rs 5,215 Cr and a market cap of Rs 37,610 Cr at the time of announcement

IRCTC has issued the formal notice for its 27th Annual General Meeting scheduled for September 29, 2026 via video conferencing. Key resolutions include adopting FY26 audited accounts and declaring a final dividend of ₹0.50 per share (bringing total FY26 dividend to ₹9.00 per share after ₹8.50 paid across two interim dividends). Special business items include amending the Articles of Association to transition governance and capex powers from Miniratna to Navratna guidelines, alongside formal director appointments.

• 27th AGM scheduled for Tuesday, September 29, 2026 at 3:00 PM IST via Video Conferencing.
• Shareholder approval sought for final dividend of ₹0.50 per share (confirming earlier 1st interim of ₹5.00 and 2nd interim of ₹3.50).
• Special resolution proposed to amend Articles of Association to reflect Navratna status, replacing the ₹500 crore Miniratna capex threshold with government Navratna limits.
• Appointment of Shri Rajneesh Narain as Director (Finance) and Dr. Sachin Balkrishna Sabnis as Independent Director tabled for approval.

IRCTC has announced Tuesday, September 22, 2026, as the record date for determining shareholder eligibility for its final dividend of ₹0.50 per equity share (face value ₹2) for FY26. The dividend is subject to approval at the upcoming Annual General Meeting and will be paid electronically within 30 days of the AGM. The company released detailed tax deduction at source (TDS) norms, outlining documentation requirements for resident and non-resident shareholders by the record date.

• Final dividend recommended at ₹0.50 per equity share of face value ₹2 for FY26
• Record date set for Tuesday, September 22, 2026
• Dividend to be disbursed within 30 days from the date of the AGM via electronic modes only
• Standard resident TDS rate fixed at 10% under the Income Tax Act, with no TDS for individual payouts up to ₹10,000
• Deadline for tax exemption document submissions (Form 121/15G/15H/TRC) is September 22, 2026

IRCTC has announced Tuesday, September 22, 2026, as the record date to determine shareholder eligibility for its final dividend for FY 2025-26. The 27th Annual General Meeting (AGM) will be held on September 29, 2026, via video conferencing. Remote e-voting is scheduled to run from September 26, 2026 (09:00 AM) to September 28, 2026 (05:00 PM). Upon approval at the AGM, the final dividend will be paid out within 30 days.

• Record date for FY26 final dividend fixed as September 22, 2026
• 27th Annual General Meeting scheduled for September 29, 2026, at 03:00 PM IST
• Remote e-voting window runs from September 26 to September 28, 2026
• Cut-off date for AGM e-voting eligibility set for September 22, 2026
• Dividend payment to be completed within 30 days of AGM conclusion, if approved

IRCTC has announced that its 27th Annual General Meeting (AGM) will be held on September 29, 2026, via Video Conferencing. The company has fixed September 22, 2026, as the record date for determining shareholder eligibility for the FY25-26 final dividend. If approved at the AGM, the dividend will be paid within 30 days of the meeting. The remote e-voting window will run from September 26 to September 28, 2026.

• 27th AGM scheduled for Tuesday, September 29, 2026, at 3:00 PM IST via VC/OAVM
• Record date for FY26 final dividend fixed as Tuesday, September 22, 2026
• Cut-off date for remote e-voting set as September 22, 2026
• Remote e-voting open from September 26, 2026 (9:00 AM) to September 28, 2026 (5:00 PM)
• Final dividend to be disbursed within 30 days from the conclusion of the AGM upon approval

IRCTC announced that Sh. Sandip Trivedi, Group General Manager / HRD (Senior Management Personnel, one level below Board), has ceased to hold his position effective from the close of business hours on August 31, 2026, due to superannuation. This is a routine retirement in the ordinary course of business. IRCTC reported FY26 revenue of Rs 5,215 Cr and PAT of Rs 1,393 Cr, and this transition carries no material financial impact.

• Superannuation of Sh. Sandip Trivedi, Group General Manager / HRD.
• Cessation effective from the close of business hours on August 31, 2026.
• Position level: Senior Management Personnel (One Level below Board).

IRCTC received notices from BSE and NSE imposing a fine of ₹10,23,060 each (including 18% GST, totaling ~₹20.46 lakh) for the quarter ended June 30, 2026. The penalties relate to non-compliance with SEBI LODR norms regarding the composition of the Board of Directors and requisite committees. IRCTC highlighted that as a CPSE, the power to appoint directors rests with the Ministry of Railways, Government of India. The company confirmed no impact on operations or financials and noted that exchange waiver requests have historically been considered favorably.

• Fine of ₹10,23,060 each imposed by BSE and NSE (total ~₹20.46 lakh) for the quarter ended June 30, 2026
• Non-compliance pertains to SEBI LODR Regulations 17(1), 18(1), 19(1)/(2), 20(2)/(2A), and 21(2) regarding Board and Committee composition
• Total fine is financially immaterial, representing <0.01% of IRCTC's TTM net profit of ₹1,393 Cr
• Board appointments vest with the Ministry of Railways; IRCTC is pursuing regularizations and waiver requests

IRCTC has informed exchanges that its management will participate in non-deal roadshows with prospective investors in Mumbai on August 24 and 25, 2026. The company shared its latest corporate presentation, highlighting Q1FY27 operational metrics and segment performance. In Q1FY27, IRCTC maintained an 88.92% online ticketing share with 1.458 million tickets booked daily, generating Rs 290 crore in internet ticketing segment profit at an 80% margin. Rail Neer plant capacity utilization improved to 86% with 12 crore bottles produced during Q1FY27, while average daily e-catering meal bookings rose to 168,873.

• Online ticketing market share stood at 88.92% in Q1FY27, with ~1.458 million tickets booked per day
• Internet ticketing segment delivered Rs 290 crore profit with an 80% margin in Q1FY27
• E-catering meal bookings expanded to an average of 168,873 meals per day in Q1FY27 compared to 120,456 in FY26
• Rail Neer capacity utilization reached 86% in Q1FY27 across 20 operational plants (12 crore bottles produced)

IRCTC announced management participation in non-deal roadshows with prospective investors in Mumbai on August 24 and 25, 2026. The accompanying corporate presentation highlighted an 88.92% market share in online railway ticketing during Q1 FY27, handling 14.58 lakh ticket bookings per day. E-catering volume reached an average of 1,68,873 meals per day in Q1 FY27 compared to 1,20,456 meals per day in FY26. Rail Neer plant capacity utilization reached 86% across 20 manufacturing plants, producing 12 crore bottles in Q1 FY27.

• Online ticketing market share stood at 88.92% in Q1 FY27 with 14.58 lakh tickets booked per day across 2.621 mn passengers
• E-catering average daily meals surged to 1,68,873 in Q1 FY27, up from 1,20,456 in FY26
• Internet ticketing segment delivered ₹290 Cr profit with an 80% margin in Q1 FY27
• Rail Neer packaged drinking water capacity utilization rose to 86% across 20 plants in Q1 FY27