Indian Renewable Energy Development Agency Limited has informed the Exchange about change in Management
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IREDA's Board of Directors, on the recommendation of the Nomination and Remuneration Committee, approved the appointment of 7 Senior Management Personnel on August 7, 2025. Of these, details for 4 individuals were disclosed: Shailendra Kumar Malviya and Koushi Goswami joined as General Managers (Projects), Rajeev Kumar as Additional General Manager (Projects), and Kuber Malhotra as Chief Technology Officer. All four bring over 20 years of experience, with prior stints at major PSUs such as NHPC, NTPC, Power Grid Corporation, IRCON International, and Solar Energy Corporation of India. Details for the remaining three appointees (Bhagirath Siyag, Rahul Kamal, Sujith V Surendran) will be shared once they formally join.
A batch of senior-level hires from reputed power-sector PSUs suggests IREDA is strengthening its execution and technology capabilities, which could support its growing renewable energy financing portfolio. For shareholders, this is a routine governance update with no negative implications flagged.