IREDA strengthens finance, compliance with new ED, GMs; stock up 2.5%

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CNBC Awaaz•09-12-2025, 17:57
IREDA strengthens finance, compliance with new ED, GMs; stock up 2.5%
- •IREDA announced significant management changes on December 9, 2025, aimed at strengthening its financial and compliance framework.
- •Three key appointments were approved: Tusharkant Parida as Executive Director (F&A), Jagdeep Singh as General Manager (F&A), and Pannu Grover as General Manager (F&A) and Chief Compliance Officer.
- •Pannu Grover, with an M.Com and 29 years of experience, will serve as Chief Compliance Officer until April 30, 2028.
- •The company's share price closed up 2.5% on December 9, but has seen a 40% decline over the past year.
- •Small investors' holdings in IREDA reached a record high of 22.39%.
Why It Matters: IREDA's new management strengthens finance and compliance for green energy growth.
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