StockWatch
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Financial Institution
Management Change22 Aug 2026, 03:01 pm

IREDA Senior Management Changes; Dividend Record Date Set

AI Summary

Indian Renewable Energy Development Agency Ltd (IREDA) announced changes in its senior management personnel, with Shri Bhagirath Siyag, Shri Sujith V Surendran, Shri Koushik Goswami (all General Managers - Projects), and Shri Pradipta Kumar Roy (Additional General Manager - Projects) ceasing to be Senior Management Personnel effective August 22, 2026. These changes are attributed to organizational requirements and administrative exigencies. The company also confirmed the record date for its proposed final dividend of ₹0.75 per equity share (7.50%) for FY 2025-26 as Friday, September 11, 2026. Dividend payments will be made electronically within 30 days of shareholder approval, subject to TDS. Shareholders are advised to update their bank details and submit tax-related documents by September 11, 2026.

Key Highlights

  • Four senior project management personnel have ceased their roles.
  • Record date for final dividend of 7.50% set for September 11, 2026.
  • Dividend payment will be electronic and subject to TDS.
  • Shareholders must update bank details and tax documents by the record date.