Indian Railway Finance Corporation Limited has informed the Exchange regarding Change in Director(s) of the company.

IRFC · price

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Price reaction · full curve 14 horizons · vs prior close

+4.5%1-day move

₹99.15

prior close

₹101.80

base price

In-mkt

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5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.1-0.0+0.0+0.1+4.5+5.8+3.7+4.7+6.9+5.1+7.7-0.4-2.2-10.5

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AI summary

Indian Railway Finance Corporation (IRFC) has announced that Shri Vallabhbhai Maneklal Patel, Non-Official Director (Independent Director) with DIN 07713055, has ceased to be an Independent Director with effect from 15th April 2026. The cessation was due to completion of his tenure and not due to resignation. This is a routine governance change as independent directors in government enterprises typically serve fixed terms. The company has filed this disclosure under SEBI (LODR) Regulations 2015.

Likely market impact

This is a routine board composition change with no immediate impact on operations or financial performance. Shareholders may note the change for governance tracking purposes as the board composition updates.