IREDA announced the cessation of tenure for two Part-time Non-Official (Independent) Directors: Smt. Rohini Rawat and Shri Ram Nihal Nishad, effective March 06, 2026. Their tenures concluded after completing the prescribed term as per the Ministry of New and Renewable Energy Order dated March 06, 2023. The company confirmed that the necessary disclosures regarding these changes have been made as per regulatory requirements.
Completion of Tenure for Independent Directors
Indian Renewable Energy Development Agency Limited (IREDA), a Government of India Enterprise, has formally communicated key governance changes to the stock exchanges. The announcement, dated 06th March, 2026, confirms the conclusion of the tenure for two of its Part-time Non-Official (Independent) Directors.
The directors whose terms have concluded are:
- Smt. Rohini Rawat (DIN 10064820)
- Shri Ram Nihal Nishad (DIN 10064841)
Effective Date of Cessation
The cessation of their roles as Independent Directors was effective from March 06, 2026. This event follows the expiration of their appointed term, which was originally established under the Ministry of New and Renewable Energy Order dated March 06, 2023.
Regulatory Disclosure Details
As required under the listing obligations, IREDA provided a detailed disclosure in Annexure I. For both outgoing directors, the reason for change was explicitly stated as ‘Completion of tenure’, with the corresponding date being 06.03.2026. The disclosure confirmed that there were ‘Not Applicable’ disclosures required regarding relationships between directors.
The company thanks the outgoing directors for their contribution and assures stakeholders that the disclosure, made under the authority of the Company Secretary & Compliance Officer, Ekta Madan, is on record.
Source: BSE
