Indian Renewable Energy Development Agency Limited has informed the Exchange about change in Management
IREDA · price
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IREDA has informed the exchanges about changes in its senior management effective 30 December 2025. Shri Jagdeep Singh has joined as General Manager (Finance & Accounts) and has also been appointed as Head of Internal Audit and Internal Auditor for a three-year fixed tenure starting 1 January 2026. Shri Tusarkant Parida has joined as Executive Director (Finance & Accounts). Both appointments were made on the recommendation of the Audit Committee. These changes are due to the superannuation (retirement) of Shri A. Chandrashekar, who held the dual role of General Manager (F&A) and Head of Internal Audit, with his last working day being 31 December 2025.
This is a routine, planned succession change triggered by a senior manager's superannuation. The dual appointment of a new GM (F&A) and Head of Internal Audit is unlikely to materially impact the stock, but ensures continuity in finance and audit functions ahead of the retirement.