Indian Railway Stations Development Corporation information
Indian Railway Stations Development Corporation
Company type
Special purpose vehicle
Industry
Railway infrastructure
Founded
12 April 2012 (2012-04-12)[1]
Defunct
18 October 2021 (2021-10-18)
Fate
Dissolved
Headquarters
Konnectus Building, Bhavbhuti Marg,
New Delhi
,
India[2]
Area served
India
Key people
Sanjeev Mittal (Chairman)
S. K. Lohia (MD & CEO)[3]
Revenue
₹4,929.29 lakh (US$5.9 million)[4] (FY2020)
Operating income
₹428.66 lakh (US$510,000)[4] (FY2020)
Net income
₹307.73 lakh (US$370,000)[4] (FY2020)
Total assets
₹21,673.35 lakh (US$26 million)[4] (FY2020)
Total equity
₹15,453.95 lakh (US$19 million)[4] (FY2020)
Owners
Govt. Of India- 100%[1]
Subsidiaries
Gandhi Nagar Railway and Urban Development Corporation
Surat Integrated Transportation Development Corporation Limited[5]
Website
irsdc.in
Indian Railway Stations Development Corporation Limited (IRSDC) was a special purpose vehicle owned by the Rail Land Development Authority (RLDA), Ircon International and RITES. All three companies are owned by the Indian Ministry of Railways. IRSDC was incorporated on 12 April 2012.[1]
On 18 October 2021, as part of a measure to rationalise railway bodies, the Railway Board announced that it would shut down IRSDC, and transfer the stations under its management to the respective zonal railways.[6]
^ abc"About the Company/Organisation". Indian Railway Stations Development Corporation Limited. Retrieved 19 October 2021.
^"Contact Us". Indian Railway Stations Development Corporation Limited. Retrieved 19 October 2021.
^"Board of Directors". Indian Railway Stations Development Corporation Limited. Retrieved 19 October 2021.
^ abcde"Annual Report 2019-20" (PDF). ISRDC. Retrieved 19 October 2021.
^"Subsidiaries and Group Companies". Indian Railway Stations Development Corporation Limited. Retrieved 19 October 2021.
^"Indian Railways to Shut Stations Development Corporation". News18. 19 October 2021. Retrieved 19 October 2021.
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