Indian Railway Finance Corporation Limited has informed the Exchange about change in Management
IRFC · price
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IRFC's Board of Directors, at a meeting held on 25th June 2025, designated Shri Randhir Sahay, Director (Finance) holding additional charge, as the new Chief Financial Officer (CFO) of the company, replacing Shri Sunil Kumar Goel, who was GGM (Finance). Goel has ceased to be CFO and Key Managerial Personnel (KMP), but continues in his role as GGM (Finance). Sahay is a 1998-batch Indian Railway Accounts Service (IRAS) officer with over 25 years of experience in railway finance. Additionally, M/s VAP & Associates was appointed as the Secretarial Auditor for a five-year term (FY 2025-26 to FY 2029-30), subject to shareholder approval. The Board also approved a new Fraud Risk Management Policy and ICAAP, and reviewed several existing policies including Risk Management, KYC/PMLA, Outsourcing, and Succession Planning policies.
This is a routine internal management reshuffle with no material impact on shareholders. The CFO transition involves an internal government-appointed officer taking additional charge, and the secretarial auditor appointment is a standard governance compliance requirement.