Managing Director Vacancy at DFCCIL – Apply Online by 25 Nov 2025

The Public Enterprises Selection Board (PESB) has released an advertisement (Advt. No. 108/2025) dated 04/11/2025, inviting applications for the position of Managing Director of the Dedicated Freight Corridor Corporation of India Limited (DFCCIL).

This is a Board-level post in a Schedule ‘A’ Central Public Sector Enterprise (CPSE), carrying an Industrial Dearness Allowance (IDA) pay scale of Rs. 200000-370000. The date of vacancy (DOV) for the post is October 1, 2026.

Here’s a concise key information table for the DFCCIL Managing Director recruitment (Advt. No. 108/2025):

I. Company Profile

Dedicated Freight Corridor Corporation of India Limited (DFCCIL) is a special-purpose vehicle set up under the administrative control of the Ministry of Railways. Its core mission is to undertake the planning, development, mobilization of financial resources, construction, maintenance, and operation of India’s Dedicated Freight Corridors.

Incorporated in October 2006 under the Indian Companies Act 1956, its business includes the planning, designing, development, construction, installation, maintenance, and operation of Heavy Haul freight railway infrastructure and related logistic support systems. The company is fully owned by the Government of India, with a 100% shareholding. As of March 31, 2025, DFCCIL had an authorized capital of ₹22,000 crore and a paid-up capital of ₹15,729 crore.

II. Job Description and Responsibilities

The Managing Director functions as the Chief Executive of the Corporation. The incumbent is responsible to the Board of Directors, the Holding Company, and the Government of India.

Key responsibilities include:

• Overseeing all corporate activities, including personnel, financial, and commercial management.
• Leading corporate planning and project implementation.
• Ensuring the overall effectiveness of the organization in achieving its current objectives.
• Managing the recovery of outstanding dues from various defaulting business associates.

III. Eligibility Criteria (as on 01.10.2026)

1. Age Limit (Age of Superannuation is 60 years)

2. Educational Qualification

The applicant should be an Engineering Graduate or Chartered Accountant or Cost Accountant or Post Graduate or Graduate with MBA / PGDIM from a leading institute.

3. Experience

The applicant should possess cumulative experience/exposure for at least 5 years during the last 10 years in Finance/ Business Development/ Operations/ Marketing/ Project Management in a large organization of repute. Experience in the Transport/ Logistic service is a desirable factor.

4. Employment Status & Pay Scale

The applicant must be employed in a regular capacity (not contractual/ad-hoc) on the date of application, as well as on the date of interview.

• CPSE Applicants: Must be working in an eligible IDA pay scale (e.g., Rs. 150000-300000 Post 01/01/2017). The minimum service required in the eligible scale will be one year for internal candidates and two years for others, as on the date of vacancy.
• Central Government/All India Services (AIS) Officers: Should be holding a post of the level of Additional Secretary in the Government of India or carrying an equivalent scale of pay on a substantive basis.
• Armed Forces Applicants: Should be holding a post of the level of Lt. General in the Army or equivalent rank in Navy/Air Force.
• PSB/Financial Institution Applicants: Should be at the Board level for one year on the date of application.
• State PSE (SPSE)/Private Sector Applicants: Should be working at a Board level position on the date of application.
  • For SPSEs and Private Sector companies, the average audited annual turnover for the three financial years preceding the calendar year of the advertisement must be ₹1,500 crore or more. Preference is given to candidates from listed companies.

Note on Appointment for Government Officers: Officers from the Central Government (including AIS, Armed Forces), Public Sector Banks, Financial Institutions, and Autonomous Bodies will be eligible for consideration only on immediate absorption basis.

IV. Duration of Appointment

The appointment will be for a period of five years from the date of joining, or up to the date of superannuation, or until further orders, whichever is earliest.

V. Application Submission

Applicants must submit their applications online only on the PESB website, https://pesb.gov.in/.

Applications from the Private Sector must be submitted directly to the PESB. All other applicants must route their applications through the proper channel as specified in the advertisement. All correspondence should be addressed to the Secretary, Public Enterprises Selection Board.

Mandatory Undertaking

Applicants must provide an undertaking to join the post if selected. Failure to provide this undertaking will result in the rejection of the application. Candidates who later convey unwillingness to join after the interview or issue of the offer of appointment will be debarred for two years from being considered for a Board-level post in any CPSE (with specific rules applying to internal candidates).

FAQs

What is the post advertised by PESB under Advt. No. 108/2025?
The post advertised is Managing Director, Dedicated Freight Corridor Corporation of India Limited (DFCCIL).

When was the advertisement released?
The advertisement was released on 04 November 2025.

What is the date of vacancy for the post?
The date of vacancy (DOV) is 01 October 2026.

What is the pay scale for the Managing Director post?
The pay scale is ₹2,00,000 – ₹3,70,000 (IDA pattern).

Which organization is the post associated with?
The post is with DFCCIL, a Schedule ‘A’ Central Public Sector Enterprise (CPSE) under the Ministry of Railways.

What is DFCCIL’s main function?
DFCCIL is responsible for planning, construction, maintenance, and operation of India’s Dedicated Freight Corridors.

Who controls DFCCIL?
DFCCIL functions under the administrative control of the Ministry of Railways, Government of India.

What is DFCCIL’s ownership status?
DFCCIL is fully owned by the Government of India with 100% shareholding.

What is DFCCIL’s authorized and paid-up capital?
As of March 31, 2025, its authorized capital is ₹22,000 crore and paid-up capital is ₹15,729 crore.

What are the main responsibilities of the Managing Director?
The Managing Director serves as Chief Executive, responsible for corporate planning, project execution, financial management, and organizational performance.

What is the age limit for applicants?
The minimum age is 45 years. Internal candidates need at least 2 years of residual service, while others need 3 years as of 01.10.2026.

What is the age of superannuation for this post?
The age of superannuation is 60 years.

What educational qualifications are required?
Candidates must be an Engineering Graduate or Chartered Accountant or Cost Accountant or Post Graduate or Graduate with MBA/PGDIM from a recognized institute.

What type of experience is required?
Candidates must have at least 5 years of cumulative experience in the last 10 years in Finance, Business Development, Operations, Marketing, or Project Management.

Is experience in the transport or logistics sector mandatory?
It is desirable but not mandatory.

What type of employment status is required?
Applicants must be in regular employment, not contractual or ad-hoc, both on the date of application and interview.

Are CPSE employees eligible to apply?
Yes, if they are working in an eligible IDA pay scale such as ₹1,50,000–3,00,000 and meet the required service duration.

Are Central Government or AIS officers eligible?
Yes, officers holding the level of Additional Secretary or equivalent are eligible.

Are Armed Forces officers eligible?
Yes, officers holding the rank of Lt. General or equivalent in Navy/Air Force are eligible.

Are applicants from Public Sector Banks or Financial Institutions eligible?
Yes, provided they have served at the Board level for at least one year as on the date of application.

Can applicants from State PSUs or Private Sector apply?
Yes, if they are working at the Board level and their company has an average audited annual turnover of ₹1,500 crore or more in the last three financial years.

Is preference given to candidates from listed companies?
Yes, preference will be given to applicants from listed companies.

Are government officers considered on deputation?
No, they are considered only on an immediate absorption basis.

What is the tenure of the appointment?
The appointment is for five years, or up to the age of superannuation, or until further orders, whichever is earlier.

What is the mode of application?
Applications must be submitted online through the PESB website at https://pesb.gov.in/.

What is the last date to submit applications?
The last date for applicants to submit their applications is 03:00 PM on 25 November 2025.

What is the last date for nodal officers to forward applications?
The last date for forwarding applications is 05:00 PM on 04 December 2025.

Do private sector candidates apply directly?
Yes, private sector applicants must apply directly to the PESB.

Should applications be routed through proper channel?
Yes, all other applicants must route their applications through the proper channel as per the advertisement.

To whom should correspondence be addressed?
All correspondence should be addressed to the Secretary, Public Enterprises Selection Board.

Is any undertaking required with the application?
Yes, applicants must submit an undertaking to join the post if selected.

What happens if a candidate refuses to join after selection?
They will be debarred for two years from being considered for any Board-level post in a CPSE.

Where can detailed information be found?
Detailed information is available on the PESB website at https://pesb.gov.in/.

What is the advertisement number for this recruitment?
The advertisement number is 108/2025.

Under which ministry does DFCCIL operate?
It operates under the Ministry of Railways, Government of India.

When was DFCCIL incorporated?
DFCCIL was incorporated in October 2006 under the Indian Companies Act, 1956.

What is the nature of DFCCIL’s business?
It focuses on planning, construction, installation, maintenance, and operation of heavy haul freight railway infrastructure.

Who does the Managing Director report to?
The Managing Director reports to the Board of Directors, the Holding Company, and the Government of India.

What kind of leadership is expected from the Managing Director?
Strong leadership in corporate strategy, financial management, project implementation, and performance improvement.

Is cumulative experience required to be continuous?
No, it must total at least 5 years during the last 10 years, not necessarily continuous.

Can retired officers apply?
No, only those in regular employment as on the date of application are eligible.

Is there a preference for internal candidates?
Internal candidates with required experience and service may receive preference per PESB norms.

Is the selection process interview-based?
Yes, shortlisted candidates will be called for an interview by the PESB.

Is there any debarment clause?
Yes, candidates unwilling to join after selection will face a two-year debarment from future Board-level CPSE posts.

What is the pay scale code applicable?
IDA pay scale of ₹2,00,000–3,70,000 (Schedule ‘A’ CPSE level).

Can applicants track their application status?
Yes, through the PESB website’s online portal after submission.

Is there any application fee?
No, there is no application fee mentioned in the notification.

What is the primary objective of this recruitment?
To appoint a qualified and experienced leader to guide DFCCIL’s strategic, operational, and financial functions effectively.