Axis Rail India Limited announced that the board of directors of the company at their meeting held on November 17, 2017, has changed the designation of Mr. Amit Bansal from Director of the company to Chief Executive Officer (CEO) of the company with effect from November 17, 2017. Further, Mr. Ranjan Kapoor has resigned from the post of Whole Time Director of the company with effect from November 17, 2017.