Announced Wed, 1 Jul · 12:59 IST
IREDA CMD retires on superannuation; Director Finance gets additional charge
IREDA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.3%1-day move
₹128.95
prior close
₹128.06
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0-0.0-0.0-0.3-0.5-1.7-2.8-6.0-1.9-7.2———
Up moveDown movePending
AI summary
Shri Pradip Kumar Das ceased as Chairman and Managing Director of IREDA on July 1, 2026 upon reaching superannuation. Director Finance Dr Bijay Kumar Mohanty has been entrusted the additional charge of CMD for 3 months or until a regular incumbent is appointed. Dr Mohanty has over 27 years of experience in the Indian power sector and continues as CFO.
Likely market impact
Interim leadership change at IREDA may cause short term uncertainty, but smooth handover expected as successor is an existing board member.