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IRCTC winds up dormant joint venture after 13 years

August 13, 2025 at 07:10 PM UTC•By FilingReader AI

Indian Railway Catering & Tourism Corporation's board approved winding-up proceedings for Royale Indian Rail Tours Limited, a 50:50 joint venture with Cox & Kings Limited.

The joint venture ceased operations in 2011 due to disputes and has generated no revenue for 13 years. Arbitration concluded in August 2023.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

Primary Source Document

Please find attached herewith intimation regarding initiation of winding up proceedings against RIRTL, a JV of IRCTC.August 13, 2025 at 12:16 PM UTC

Supplementary Source Documents

Pursuant to Regulation 30 and 33 of the SEBI (LODR) Regulations, 2015, the Board of Directors of the Company at its meeting held today i.e., Wednesday, 13th August 2025, has inter-alia ....August 13, 2025 at 11:29 AM UTC

Indian Railway Catering & Tourism Corporation

BSE:IRCTC•Bombay Stock Exchange

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