Indian Railway Finance Corporation Ltd

Appointment of Additional Non-official Independent Directors

• Shri Pradeep Ahlawat appointed as Additional Director designated Non-official Independent Director, effective 20 August 2026.
• Mrs. Manjula Mishra appointed as Additional Director designated Non-official Independent Director, effective 20 August 2026.
• Term: three years or until further orders, whichever earlier.
• Not debarred from holding the office of Director by SEBI or other authorities.
• Not related to any Director/KMP; NIL shares held.
• Pradeep Ahlawat profile: BA, MA Accounting, human rights law, media training; business management.
• Manjula Mishra profile: MBA Marketing; promoter-director Holosafe Security Labels; Whole-time Director Holosafe Packaging; MSME board experience.

Meeting Details

• Date: 31 July 2026; Analyst/investor conference call (post-results) organized by IRFC.
• Type: conference call; Mode: not disclosed.

Participants

• Key company participant: Company Secretary & Compliance Officer.

Purpose

• Purpose: post-results discussion for quarter ended 30 June 2026.

Additional Notes

• Audio recording of the conference call is available on the company’s website.

Financial results approved

• Unaudited standalone Q1 FY2026-27 results approved; Audit Committee reviewed.
• Regulatory disclosures under Reg 52/54 included with results.
• Press release issued with results.

Key financial highlights

• Total income for Q1 FY2026-27: ₹8,391.34 crore.
• PAT: ₹1,927.21 crore; highest quarterly level.
• Net worth: ₹58,791.95 crore; AUM ₹4.79 lakh crore.
• NIM 1.48% (annualised); zero NPA.
• Highest-ever quarterly revenue, net worth and PAT.

Regulatory and governance

• Govt disinvested 1.75% via OFS on 24–25 Jun 2026.
• Govt stake 82.90% as of 30 Jun 2026.
• Auditor note: board composition not in compliance with SEBI LODR/Companies Act as of 30 Jun 2026.
• Disclosures under Reg 52(4)/(7)/(7A) filed; Annexure-C no deviation in use of proceeds.

Leases and EBR updates

• Emphasis of Matter: lease receivables of ₹1,64,768.83 crore recognized; moratorium extended; execution in process.

Subsidiaries and reporting

• IRFC has no subsidiary/associate/JV; consolidation not required.

Accounting notes

• Results prepared under Indian AS 34; 115BAA tax option noted.

Fragment lacks material information

• No substantive material update disclosed in this filing fragment.

Dematerialisation/rematerialisation status

• Securities received for dematerialisation were processed and confirmed to the depositories.
• Securities dematerialised have been listed on the stock exchanges where earlier securities are listed.
• Physical certificates were mutilated and cancelled after verification.
• Depository name substituted as registered owner within 15 days.

Promoter share sale disclosure

• Disclosure under PIT Regulation 7(2)(b) filed for promoter equity sale.
• Promoter identified as President of India through the Ministry of Railways.
• Disclosures provided in Form B regarding sale of IRFC equity shares.
• Filing references Regulation 7(2)(a) as the submission mechanism.
• Date of filing: 30 June 2026.

Board and KMP changes

• Appointment: Shri Ranjay Choudhary appointed Director (Finance); five-year term from 30 June 2026.
• Cessation: Randhir Sahay ceases as Director (Finance) and CFO from 30 June 2026.
• Appointment: Ms Deepa Kotnis appointed CFO; five-year term from 30 June 2026.
• Not debarred: Ranjay Choudhary not debarred by SEBI or other authorities.
• Not debarred: Deepa Kotnis not debarred by SEBI or other authorities.
• Not related: Ranjay Choudhary not related to any Director/KMP.
• Not related: Deepa Kotnis not related to any Director/KMP.
• Shareholding: Ranjay Choudhary holds 50 IRFC shares.
• Shareholding: Deepa Kotnis holds 1000 IRFC shares.

Directorate change: appointment and extended charge

• Appointment of Shri Ranjay Choudhary as Director (Finance) for five years, w.e.f. assumption of charge.
• Ex-post facto extension of Randhir Sahay's additional charge as Director (Finance) for six months from 01-05-2026.
• Brief profile of new appointee to be provided; appointment formalities in progress.