Announced Tue, 20 May · 20:59 IST

Indian Renewable Energy Development Agency Limited has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF

IREDA · 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

Awaiting price reaction for this filing.

AI summary

IREDA's board, at a meeting on May 20, 2025, approved the appointment of Shri Pallav Kapoor as Additional General Manager (Risk Management), who will continue as Chief Risk Officer (CRO) until October 31, 2025. Smt Ekta Madan was appointed as Chief Manager (Corporate Affairs and Company Secretary), a role she has held since November 1, 2022. The board also recommended appointing M/s P.C. Jain & Co., Company Secretaries as the new Secretarial Auditor for a 5-year term from FY 2025-26 to FY 2029-30, subject to shareholder approval at the upcoming 38th AGM.

Likely market impact

These are routine internal management changes and a proposed new secretarial auditor with a 5-year tenure, subject to shareholder approval. No material governance red flags are apparent, and the changes are unlikely to materially affect the stock price.