Indian Railway Finance Corporation Limited has informed the Exchange regarding Appointment of Ms DEEPA KOTNIS as Other of the company w.e.f. Jun 16, 2025.
IRFC · price
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IRFC has informed the stock exchanges about the appointment of Ms. Deepa Kotnis (IRAS) as Executive Director (Finance) of the company, effective June 16, 2025. She has been appointed on deputation from the Ministry of Railways (MOR letter dated June 5, 2025). Ms. Kotnis is a 1999-batch IRAS officer with over 26 years of experience across roles such as Financial Advisor & Chief Accounts Officer at South Western Railway, ED (Finance) at Bangalore Metro Rail Corporation, and CGM at PFRDA. The appointment was signed off by Randhir Sahay, Director Finance (Additional Charge), suggesting the new appointee will fill a key finance leadership role at the company.
A new full-time Executive Director (Finance) brings stability to IRFC's senior finance leadership, potentially replacing the additional-charge arrangement. For shareholders, this is a routine administrative change with no direct material impact on operations or stock price, though it signals the government moving to formalise the finance leadership position at this railway financing PSU.