Indian Renewable Energy Development Agency Limited (IREDA) has announced a change in its board of directors. Shri Padam Lal Negi, who was serving as the Government Nominee Director, has ceased to hold this position effective November 06, 2026. This change is attributed to his repatriation to his parent cadre, as per an order from the Ministry of New and Renewable Energy (MNRE). The company has formally intimated this change to the stock exchanges.
Board of Directors Update
Indian Renewable Energy Development Agency Limited (IREDA) has officially notified the stock exchanges regarding a change in its board of directors. Pursuant to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company informed that Shri Padam Lal Negi has ceased to be the Government Nominee Director. This change took effect on November 06, 2026.
Reason for Cessation
The reason for Shri Padam Lal Negi’s cessation from the board is due to his repatriation to his parent cadre. This decision was made in accordance with an order issued by the Ministry of New and Renewable Energy (MNRE) on November 06, 2026. Shri Negi was identified by his DIN 10041387.
Disclosure Details
As per Regulation 30 of the SEBI LODR Regulations, the particulars of the change have been detailed. The company confirmed that Shri Padam Lal Negi resigned as the Government Nominee Director due to repatriation. The date of cessation of appointment is November 06, 2026. No further details regarding his profile or relationships with other directors were applicable as this was not an appointment but a cessation.
Source: BSE
