Indian Railway Catering and Tourism Corporation (IRCTC) has received approval from Registrar of Companies (ROC), NCT, Delhi and Haryana for alteration of its Objects clause of the Memorandum of Association (MOA) to act as Payment Aggregator (I-PAY). Earlier, the shareholders of the company in its 23rd Annual General Meeting held on August 26, 2022 had passed the special resolution for alteration of its Objects clause of the Memorandum of Association.
IRCTC is the only entity authorised by the Indian railways to provide catering services to railways, online railway tickets and packaged drinking water at railway stations and trains in India.
