Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
IREDA · price
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IREDA's Board, on the recommendation of the Nomination and Remuneration Committee, has restructured its senior management effective March 2, 2026. Shri Tusar Kant Parida, Executive Director (F&A) and Head of Resource Group (including ALM), has been designated as a Key Managerial Personnel (KMP), replacing Shri Amit Goel, who previously held the KMP role. Shri Amit Goel will now head the newly formed 'Business Development & Corporate Strategy Group' and will continue as a Senior Management Personnel (SMP). Additionally, six General Managers and Additional General Managers (in HR and Projects) have ceased to be Senior Management Personnel of the company as part of the organizational restructuring.
This is an internal management reshuffle with no direct impact on shareholders or business operations. The restructuring reflects a reorganization of responsibilities rather than any leadership exit, and is unlikely to materially affect the stock price.