StockWatch
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Financial Institution
Management Change1 Oct 2026, 09:50 pm

IREDA CMD Additional Charge Extended for 3 Months

AI Summary

Indian Renewable Energy Development Agency Ltd (IREDA) announced the extension of the additional charge for the post of Chairman & Managing Director (CMD) to Dr. Bijay Kumar Mohanty, Director (Finance). This extension, approved by the Appointments Committee of the Cabinet via the Ministry of New and Renewable Energy, is for a further period of three months effective October 01, 2026. The extension will be in effect until a regular incumbent is appointed or until further orders are issued, whichever occurs earliest. This update is in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Highlights

  • Additional charge of CMD at IREDA extended.
  • Dr. Bijay Kumar Mohanty, Director (Finance), will continue in the role.
  • Extension is for a period of three months.
  • Effective from October 01, 2026.
  • Extension is until a regular appointment or further notice.