IRCTC gains coveted 'Navratna' status from Indian Government

Indian Railway Catering and Tourism Corporation (IRCTC) has been granted 'Navratna' status by the Government of India, effective March 3, 2025. This announcement, conveyed by the Department of Public Enterprises, signifies a major milestone for the company. Traded on the Bombay Stock Exchange (BSE: 542830) and the National Stock Exchange (IRCTC), this upgrade positions IRCTC for enhanced financial and operational independence, allowing for greater investment and expansion opportunities. This development falls under the purview of SEBI regulations concerning listing obligations and disclosures, further strengthening its profile within the investor community. The official announcement was made by Suman Kalra, Company Secretary and Compliance Officer of IRCTC.