Announced Wed, 1 Jul · 12:52 IST
IREDA CMD retires on superannuation; Director Finance gets additional CMD charge
Management Changes View source PDF
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
₹128.14
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-0.1-0.1-0.1-0.3-0.5-1.7-2.8-6.0-1.9-7.2———
Up moveDown movePending
AI summary
CMD Pradip Kumar Das retired from IREDA on 1 July 2026 upon superannuation on 30 June 2026. Per a Ministry of New and Renewable Energy order, Director (Finance) and CFO Dr Bijay Kumar Mohanty has taken additional charge as CMD for 3 months or until a regular appointee is named. Dr Mohanty has over 27 years of power sector experience and has served as IREDA Director (Finance) since October 2023.
Likely market impact
Smooth planned transition with Finance Director taking interim CMD role. Watch for permanent appointment in coming months.