The Indian Renewable Energy Development Agency (IREDA) has confirmed that the President of India, acting through the Ministry of New and Renewable Energy (MNRE), maintains a 71.76% equity stake in the company. As of March 31, 2026, the promoter has declared that there are no encumbrances on these shares, either directly or indirectly, for the 2025-26 financial year, ensuring complete transparency regarding the ownership structure.
Shareholding and Promoter Status
The promoter of IREDA, the President of India, acting through the Ministry of New and Renewable Energy (MNRE), continues to hold a majority stake in the organization. As of the end of the financial year on March 31, 2026, the promoter’s total holding stands at 2,01,58,23,529 equity shares, which represents 71.76% of the total equity of the company.
Confirmation of Unencumbered Shares
In a formal disclosure, the promoter has confirmed that no shares have been pledged or encumbered throughout the 2025-26 fiscal year. This declaration, submitted on April 1, 2026, underscores the stability and transparency of the promoter’s holding. The absence of any encumbrance serves as a positive indicator for stakeholders, affirming that the government’s majority interest in IREDA remains unencumbered and fully intact.
Source: BSE
