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Board of Ircon International approves closure of Indian Railway Stations Development Corporation

Last Updated : Jul 18 2024 | 8:51 PM IST

At meeting held on 18 July 2025

The Board of Ircon International at its meeting held on 18 July 2024 has approved the following:

The Ministry of Railways has in-principle' decided for closure of Indian Railway Stations Development Corporation (IRSDC), a joint venture company of IRCON (IRCON holds 26% equity share in IRSDC). The Ministry of Railways has also issued directions for initiating the necessary procedural formalities for handing over of the assets, projects etc. to Zonal Railways/ Rail Land Development Authority (RLDA) and initiating closure of IRSDC.

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