Announced Mon, 29 Jun · 18:15 IST

IRFC appoints Ranjay Choudhary from PFC as Director (Finance)

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
₹90.95
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.6-0.5-0.2-0.4+0.5+0.3-0.1-0.5-0.9-2.7-2.6
Up moveDown movePending
AI summary

Ministry of Railways approved appointment of Shri Ranjay Choudhary, currently CGM at Power Finance Corporation (PFC), as Director (Finance) of IRFC for 5 years in IDA pay scale of Rs 1.80 lakh to Rs 3.40 lakh. Also, ex-post facto approval given for extension of additional charge of Director (Finance) to Shri Randhir Sahay of Railway Board for 6 months from May 1, 2026 till Choudhary assumes charge.

Likely market impact

Experienced finance leader from PFC appointed; brings continuity and expertise to finance function. Positive for governance.