The Indian Renewable Energy Development Agency Limited (IREDA) has made important announcements regarding its senior management personnel. As per the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, IREDA has disclosed changes in its senior management structure, with four key appointments effective from April 28, 2025.

In the updated leadership lineup, Shri Sushant Kumar Dey has been appointed as the new Executive Director (Projects). With a Mechanical Engineering degree and a Postgraduate Degree in Engineering, Shri Dey brings over 34 years of experience in the renewable energy sector. Prior to this appointment, he served as General Manager (Projects) at IREDA. His extensive background in project management and renewable energy makes him well-suited for this strategic role within the organization.

Additionally, Shri Surendra Kumar Sharma has been appointed as the Executive Director (Finance & Accounts). A B.Com graduate, Shri Sharma is an associate member of the Institute of Chartered Accountants of India. He also holds a certification in indirect taxation and forex and treasury management. With over 29 years of experience in finance, Shri Sharma's appointment reflects IREDA's focus on strengthening its financial operations. He was previously serving as General Manager (Finance & Accounts) at the company.

Shri Dhiraj Mehta, another key appointment, also steps in as Executive Director (Finance & Accounts). Shri Mehta is an experienced professional, holding both a B.Com and memberships with the Institute of Cost Accountants of India and the Institute of Chartered Accountants of India. With over 28 years of expertise in finance, he has previously held the role of General Manager (Finance & Accounts) at IREDA.

Lastly, Ms. Durre Shahwar has been appointed as General Manager (Human Resources). She holds a BSc (Chemistry) Hons and a Postgraduate degree in Personnel Management from the Xavier Institute of Social Service (XISS) in Ranchi. With 27 years of experience in human resources, Ms. Shahwar previously served as Additional General Manager (Human Resources) at IREDA.

These changes, effective April 28, 2025, are part of IREDA's ongoing leadership restructuring to enhance its operations and strategic focus in the renewable energy sector. The appointments reflect a clear commitment to further strengthening IREDA’s leadership and management capabilities, ensuring it remains at the forefront of renewable energy development in India.

These updates have been communicated to the stock exchanges in compliance with SEBI's regulations, ensuring transparency and continued alignment with corporate governance practices. The changes are also in accordance with the SEBI Master Circular No SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

The disclosure confirms that none of the appointed personnel have any direct relationships with each other, ensuring clarity and transparency regarding these key management shifts.

These strategic appointments reflect IREDA’s ongoing efforts to enhance its corporate governance framework and continue its mission to drive renewable energy projects in India. With seasoned professionals taking on leadership roles, the company is poised to accelerate its contributions to the national energy transition and strengthen its position as a leader in the renewable energy sector.

The Upcoming IPOs in this week and coming weeks are  Wagons Learning, Srigee DLM, Manoj Jewellers.

The Current active IPO are Kenrik Industries,Arunaya Organics, Ather Energy, Iware Supplychain Services.

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.

Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.