Management Change6 May 2026, 06:41 pm
IRFC Appoints Laya Madduri as Part-Time Government Nominee Director
AI Summary
Indian Railway Finance Corporation Ltd (IRFC) announced the appointment of Ms. Laya Madduri, Joint Secretary, Infrastructure Finance Secretariat, Department of Economic Affairs, as a Part-time Government Nominee Director on its board. The appointment, effective immediately from May 6, 2026, is in place of Sh. Alok Tiwari and will continue until Ms. Madduri holds her current position or until further orders. The company is completing the necessary appointment formalities and will submit the required disclosures in due course.
Key Highlights
- Laya Madduri appointed as Part-time Government Nominee Director on IRFC board.
- Appointment effective May 6, 2026, replacing Alok Tiwari.
- Madduri's term lasts until she holds her current position or further orders.
- IRFC is completing appointment formalities and will submit disclosures.
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