Announced Tue, 30 Jun · 13:03 IST

IRFC appoints new Director (Finance) and CFO effective June 30, 2026

Management Changes View source PDF

IRFC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+0.5%1-day move
₹90.68
prior close
₹90.27
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0-0.0+0.1-0.0+0.5+0.3-0.1-0.5-0.9-2.7-2.6
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AI summary

IRFC's Board approved the appointment of Dr. Ranjay Choudhary as Director (Finance) for 5 years effective June 30, 2026, based on a Ministry of Railways order. He previously served as Chief General Manager at Power Finance Corporation with 29 years of finance experience. Ms. Deepa Kotnis, currently Executive Director (Finance) at IRFC, has been appointed as CFO. Shri Randhir Sahay ceases to hold the additional charge of Director (Finance) and CFO with effect from the same date.

Likely market impact

Routine government PSU board transition. New Director (Finance) brings extensive finance experience. No material impact on operations expected.