Intimation regarding- Change in Senior Management- Appointment of Ms. Deepa Kotnis (IRAS) as ED (Finance) of the Company on 16.06.2025
Awaiting price reaction for this filing.
Indian Railway Finance Corporation Ltd (IRFC) has informed the stock exchanges that Ms. Deepa Kotnis, an Indian Railway Accounts Service (IRAS) officer of the 1999 batch, has joined as Executive Director (Finance) on 16th June 2025. She brings over 26 years of experience across roles such as Financial Advisor & Chief Accounts Officer at South Western Railway, ED (Finance) at Bangalore Metro Rail Corporation, CGM at PFRDA, and at the Fiscal Policy Institute, Government of Karnataka. The appointment is on usual terms of deputation as per a Ministry of Railways letter dated 5th June 2025. The intimation was signed by Randhir Sahay, Director Finance (Addl. Charge).
This is a routine senior management (Key Managerial Personnel) appointment on deputation from the government, with no immediate material impact on the stock. It brings experienced railway-finance expertise to the leadership team, which is normal for a public sector enterprise like IRFC.