IREDA Appoints Shri Tusar Kant Parida as Key Managerial Personnel, Six GMs Transition Roles in Major Reshuffle
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New Delhi, March 2, 2026: The Indian Renewable Energy Development Agency Limited (IREDA) has announced significant changes to its Key Managerial Personnel (KMP) and Senior Management structure following a meeting of its Board of Directors held today.
In a regulatory filing to the National Stock Exchange (NSE) and BSE Limited, the company informed that the Board, on the recommendation of the Nomination and Remuneration Committee, has designated Shri Tusar Kant Parida, Executive Director (F&A) and Head of Resource Group (including ALM) , as a Key Managerial Personnel of the Company with immediate effect.
Key Changes Effective March 2, 2026
The organizational restructuring includes the following changes:
Appointment
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Shri Tusar Kant Parida has been designated as a Key Managerial Personnel. He holds a Bachelor's degree in Commerce (Honours) from Utkal University and is a member of the Institute of Chartered Accountants of India (ICAI), bringing over 24 years of professional experience to the role.
Transition
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Shri Amit Goel, who previously served as General Manager (F&A) and KMP, has ceased to be a Key Managerial Personnel. He will now head the "Business Development & Corporate Strategy Group" and shall continue to be a Senior Management Personnel of the Company.
Cessation of Senior Management Personnel
Pursuant to the company's policy on the appointment of Senior Management Personnel, the following officials have ceased to be Senior Management Personnel effective March 2, 2026:
| S.No | Name | Designation |
|---|---|---|
| 1 | Smt Mala Ghosh Choudhury | General Manager (HR) |
| 2 | Ms Durre Shahwar | General Manager (HR) |
| 3 | Shri Shailendra Kumar Malviya | General Manager (Projects) |
| 4 | Shri Rahul Kamal | General Manager (Projects) |
| 5 | Shri Rajeev Kumar | Addl General Manager (Projects) |
| 6 | Shri K.P. Philip | General Manager (Projects) |
The company confirmed that these changes are due to an adjustment in the organizational structure. The filing was signed by Ekta Madan, Company Secretary & Compliance Officer of IREDA.
About IREDA:
Indian Renewable Energy Development Agency Limited (IREDA) is a Mini Ratna (Category – I) Government of India Enterprise under the administrative control of the Ministry of New and Renewable Energy (MNRE). It is engaged in promoting, developing and extending financial assistance for setting up projects relating to new and renewable energy sources.