Indian Renewable Energy Development Agency Limited has informed the Exchange regarding Appointment of Kuber Malhotra as General Manager (Information Technology) w.e.f., 01.08.2025 (F/N)
IREDA · price
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IREDA has appointed Shri Kuber Malhotra as General Manager (Information Technology) with effect from August 1, 2025 (forenoon). He has also been designated as the Chief Technology Officer (CTO) of the company, replacing Shri N. Balaji. Malhotra holds a B.E. in Computer Science and an MBA, and brings over 20 years of experience from prior roles at Central Warehousing Corporation, IRCON International, and Solar Energy Corporation of India. The appointment was disclosed to the exchanges under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements. This is classified as a change in senior management personnel.
A routine senior management change at the CTO level. Investors should note the leadership transition in the technology function, but it is unlikely to have a material impact on the stock price or business operations.