IRCTC CMD Sanjay Kumar Jain resigns citing personal reasons, here’s how shares react | Business

IRCTC CMD Sanjay Kumar Jain resigns citing personal reasons, here’s how shares react | Business


New Delhi:

Sanjay Kumar Jain, an Indian Railway Traffic Services (IRTS) Officer of the 1990 batch, has resigned as the Chairman & Managing Director of Indian Railway Catering and Tourism Corporation Ltd (IRCTC). According to the information available, the government has accepted his resignation, but he will remain in his post until July 20, 2026.ย Jain took charge of the IRCTC CMD on February 14, 2024, and under his leadership, the company expanded into various areas, includingย ticket booking, tourism services, and catering. He is a 1990-batch Indian Railway Traffic Service (IRTS) officer with extensive experience in railway administration.

Jain was instrumental in giving the luxury train Maharajasโ€™ Express a new dimension through unique marketing initiatives. He was also instrumental in launching Indiaโ€™s first โ€˜Executive Loungeโ€™ on the lines of Airport Lounges at New Delhi Railway Station. The Financial and Operational Model developed for ‘Jan Ahar โ€“ New Delhiโ€™ during his tenure was later replicated throughout IRCTC. During his leadership, the tourism business of IRCTC, North Zone, grew 35 times over a period of 5 years.

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