Indian Railway Finance Corporation Limited has informed the Exchange regarding Appointment of Mr Randhir Sahay as Executive Director of the company w.e.f. May 01, 2025.
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Indian Railway Finance Corporation (IRFC) has appointed Shri Randhir Sahay, an IRAS officer currently serving as Executive Director Finance (Stores) at the Railway Board, to take additional charge as Director (Finance) of IRFC effective May 1, 2025. This follows the superannuation (retirement) of Ms. Shelly Verma from the same post on the same date. The appointment is on an additional charge basis, meaning Sahay will continue his existing Railway Board role while also handling IRFC's Director (Finance) responsibilities. IRFC is a government-owned railway financing entity, and senior appointments are typically made through the Ministry of Railways.
Smooth transition at the finance leadership level with no gap in continuity. As an additional charge arrangement, this is interim in nature and shareholders should watch for a permanent appointment in due course, which could bring strategic clarity to IRFC's financial decisions.