Indian Renewable Energy Development Agency Limited (IREDA) has announced changes in its Senior Management Personnel, effective August 22, 2026. Concurrently, the company has fixed September 11, 2026, as the record date for its final dividend for the Financial Year 2025-26. Shareholders are advised to update their bank details for timely dividend credit.
Senior Management Transitions
In an announcement made on August 22, 2026, Indian Renewable Energy Development Agency Limited (IREDA) has informed about changes within its Senior Management Personnel. Effective from the same date, Shri Bhagirath Siyag, Shri Sujith V Surendran, Shri Koushik Goswami, and Shri Pradipta Kumar Roy have ceased to be Senior Management Personnel. These changes are attributed to organizational requirements and administrative exigencies.
Final Dividend Record Date Announced
Further, IREDA has set Friday, September 11, 2026, as the record date for the purpose of ascertaining entitlement of members for the payment of its final dividend for the Financial Year 2025-26. This dividend, previously recommended at ₹0.75 per equity share (7.50% on a face value of ₹10), is subject to shareholder approval at the upcoming Annual General Meeting.
Dividend Payment and Tax Information
The payment of the final dividend, if approved, will be made within 30 days of shareholder approval at the AGM, subject to tax deduction at source (TDS). Shareholders who wish for their tax to be deducted at lower rates or exempted must submit requisite documents by September 11, 2026, via the provided online portal. Dividend income is taxable, and the company is mandated to deduct TDS as per the Income Tax Act, 2025.
Dividend payments will exclusively be made through electronic mode. Shareholders are urged to ensure their bank account details are updated with their respective Depository Participants (DP) to facilitate smooth and timely credit of the dividend.
Source: BSE
