Integrated Filing-Governance



General information about company

Scrip Code 544026
NSE Symbol IREDA
MSEI Symbol NA
ISIN INE202E01016
Name of the entity Indian Renewable Energy Development Agency Limited
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Reporting Quarter Yearly
Date of Quarter Ending 31-Mar-2026
Type of company Equity
Whether Annexure I (Part A) of the SEBI Circular dated December 31, 2024 related to Compliance Report on Corporate Governance is applicable to the entity? Yes
Whether Annexure I (Part B) of the SEBI Circular dated December 31, 2024 related to Investor Grievance Redressal Report is Applicable to the entity? Yes
Whether Annexure I (Part C) of the SEBI Circular dated December 31, 2024 related to Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies is Applicable to the entity? No
Reason For Part C Of Annexure I Disclosure Of Acquisition Of Shares OrVotingRightsInUnlistedCompaniesIsNotApplicableToTheEntity There has been no Acquistion of shares or voting rights in unlisted companies during the Quarter Ended March 2026.
Whether Annexure I (Part D) of the SEBI Circular dated December 31, 2024 related to Disclosure of Imposition of Fine or Penalty is Applicable to the entity? No
Reason For Part D Of Annexure I Disclosure Of Imposition Of Fine Or Penalty Is Not Applicable To The Entity There has been no Imposition of fine or penalty during the Quarter Ended March 2026.
Whether Annexure I (Part E) of the SEBI Circular dated December 31, 2024 related to Disclosure of Updates to Ongoing Tax Litigations or Disputes is Applicable to the entity? Yes
Whether Annexure I (Part F) of the SEBI Circular dated December 31, 2024 related to Disclosure Of Loans / Guarantees / Comfort Letters / Securities Etc. is Applicable to the entity? Yes
Risk management committee Yes
Market Capitalisation as per immediate previous Financial Year Top 500 listed entities
Is SCORE ID Available ? Yes
SCORE Registration ID i00467
Reason For No SCORE ID
Type of Submission Original
Remarks (website dissemination)



Annexure I
Annexure I to be submitted by listed entity on quarterly basis
I. Composition of Board of Directors
Disclosure of notes on composition of board of directors explanatory 1. Chairmanship is also counted for calculating the no of membership in the column of memberships in Audit/Stakeholder Committee(s) including this listed entity. 2. The tenure of Shri Jaganath CM Jodidhar, Part-Time Non Official Director (Independent Director) (DIN- 09556253) and Shri Shabdsharan N. Brahmbhatt, Part-Time Non Official Director (Independent Director) (DIN-09483059) have been completed on the Board of IREDA on March 27, 2026 in terms of MNRE Order dated March 28, 2025 and accordingly, they ceased to be Independent Directors of the Company w.e.f. March 28, 2026. 3.The tenure of Shri Ram Nihal Nishad, Part-Time Non Official Director (Independent Director) (DIN-10064841) and Smt. Rohini Rawat, Part-Time Non Official Director (Independent Director) (DIN-10064820) have been completed on the Board of IREDA on March 05, 2026 in terms of MNRE Order dated March 06, 2023 and accordingly, they ceased to be Independent Directors of the Company w.e.f. March 06, 2026.
Whether the listed entity has a Regular Chairperson Yes
Whether Chairperson is related to MD or CEO No Disqualification of Directors under section 164 of the Companies Act, 2013
Sr Title (Mr / Ms) Name of the Director PAN DIN Category 1 of directors Category 2 of directors Category 3 of directors Date of Birth Whether the director is disqualified? Start Date of disqualification End Date of disqualification Details of disqualification Current status Whether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations] Date of passing special resolution Initial Date of appointment Date of Re-appointment Date of cessation Tenure of director (in months) No of Directorship in listed entities including this listed entity (Refer Regulation 17A of Listing Regulations) No of Independent Directorship in listed entities including this listed entity [with reference to proviso to regulation 17A(1) & 17A(2)] Number of memberships in Audit/ Stakeholder Committee(s) including this listed entity (Refer Regulation 26(1) of Listing Regulations) No of post of Chairperson in Audit/ Stakeholder Committee held in listed entities including this listed entity (Refer Regulation 26(1) of Listing Regulations) Reason for Cessation Notes for not providing PAN Notes for not providing DIN
1 Mr. Pradip Kumar Das 07448576 Executive Director Chairperson CEO-MD 26-Jun-1966 No Active NA 06-May-2020 1 0 0 0
2 Mr. Dr Bijay kumar Mohanty 08816532 Executive Director Not Applicable 15-Jun-1970 No Active NA 12-Oct-2023 1 0 1 0
3 Mr. Padam Lal Negi 10041387 Non-Executive - Nominee Director Not Applicable 22-Nov-1966 No Active NA 07-Feb-2023 1 0 5 3
4 Mr. Shabdsharan Narharibhai Brahmbhatt 09483059 Non-Executive - Independent Director Not Applicable 19-Aug-1964 No Active NA 28-Jan-2022 28-Mar-2025 28-Mar-2026 12 1 1 0 0 Tenure Completion
5 Mr. Jaganath Chennakeshava Murthy Jodidhar 09556253 Non-Executive - Independent Director Not Applicable 08-Mar-1974 No Active NA 31-Mar-2022 28-Mar-2025 28-Mar-2026 12 1 1 0 0 Tenure Completion
6 Mr. Ram Nihal Nishad 10064841 Non-Executive - Independent Director Not Applicable 01-Jan-1965 No Active NA 09-Mar-2023 09-Mar-2023 06-Mar-2026 36 1 1 0 0 Tenure Completion
7 Mrs. Rohini Rawat 10064820 Non-Executive - Independent Director Not Applicable 20-Sep-1967 No Active NA 09-Mar-2023 09-Mar-2023 06-Mar-2026 36 1 1 0 0 Tenure Completion



Annexure 1

II. Composition of Committees
Disclosure of notes on composition of committees explanatory Shri Shabdsharan Narharibhai Brahmbhatt,ceased to be Independent Director on the board of the Company w.e.f 28.03.2026 due to completion of his tenure on 27.03.2026 in pursuance to MNRE order dated 28.03.2025. Accordingly, he is ceased to be chairperson of the committee..Smt. Rohini Rawat,ceased to be Independent Director on the board of the Company w.e.f 06.03.2026 due to completion of her tenure on 05.03.2026 in pursuance to MNRE order dated 06.03.2023. Accordingly, she is ceased to be member of the committee..Post reconstitution of the Committee during the quarter, Shri Jaganath Chennakeshava Murthy Jodidhar was appointed as a Member of the committee. He ceased to be an Independent Director w.e.f. March 28, 2026, upon completion of his tenure on March 27, 2026, in pursuance of MNRE Order dated March 28, 2025, and accordingly ceased to be a Member of the Committee...1.Audit Committee, Nomination & Remuneration Committee, Stakeholders Relationship Committee & Risk Management Committee are chaired by Independent Director who is not the regular chairperson ofthe Company. 2.The Chairman of the Company is not a Chairperson of the Committees i.e., Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee and Risk Management Committee. The chairperson of the above mentioned committees is appointed by the Board and accordingly he/she chaired the meeting.



Audit Committee Details
Whether the Audit Committee has a Regular Chairperson No
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 09483059 Shabdsharan Narharibhai Brahmbhatt Non-Executive - Independent Director Chairperson 07-Apr-2025 28-Mar-2026 Textual Information(1)
2 10041387 Padam Lal Negi Non-Executive - Nominee Director Member 16-Feb-2023
3 10064820 Rohini Rawat Non-Executive - Independent Director Member 20-Mar-2023 06-Mar-2026 Textual Information(2)
4 09556253 Jaganath Chennakeshava Murthy Jodidhar Non-Executive - Independent Director Member 06-Mar-2026 28-Mar-2026 Textual Information(3)



Text Block
Textual Information(1) Shri Shabdsharan Narharibhai Brahmbhatt,ceased to be Independent Director on the board of the Company w.e.f 28.03.2026 due to completion of his tenure on 27.03.2026 in pursuance to MNRE order dated 28.03.2025. Accordingly, he is ceased to be chairperson of the committee.
Textual Information(2) Smt. Rohini Rawat,ceased to be Independent Director on the board of the Company w.e.f 06.03.2026 due to completion of her tenure on 05.03.2026 in pursuance to MNRE order dated 06.03.2023. Accordingly, she is ceased to be member of the committee.
Textual Information(3) Post reconstitution of the Committee during the quarter, Shri Jaganath Chennakeshava Murthy Jodidhar was appointed as a Member of the committee. He ceased to be an Independent Director w.e.f. March 28, 2026, upon completion of his tenure on March 27, 2026, in pursuance of MNRE Order dated March 28, 2025, and accordingly ceased to be a Member of the Committee.



Nomination and remuneration committee
Whether the Nomination and remuneration committee has a Regular Chairperson No
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 09483059 Shabdsharan Narharibhai Brahmbhatt Non-Executive - Independent Director Chairperson 21-Apr-2025 28-Mar-2026 Textual Information(1)
2 10064841 Ram Nihal Nishad Non-Executive - Independent Director Member 20-Mar-2023 06-Mar-2026 Textual Information(2)
3 10064820 Rohini Rawat Non-Executive - Independent Director Member 20-Mar-2023 06-Mar-2026 Textual Information(3)
4 09556253 Jaganath Chennakeshava Murthy Jodidhar Non-Executive - Independent Director Member 06-Mar-2026 28-Mar-2026 Textual Information(4)
5 10041387 Padam Lal Negi Non-Executive - Nominee Director Member 06-Mar-2026 Textual Information(5)

Text Block
Textual Information(1) Shri Shabdsharan Narharibhai Brahmbhatt,ceased to be Independent Director on the board of the Company w.e.f 28.03.2026 due to completion of his tenure on 27.03.2026 in pursuance to MNRE order dated 28.03.2025. Accordingly, he is ceased to be chairperson of the committee.
Textual Information(2) Shri Ram Nihal Nishad, ceased to be Independent Director on the board of the Company w.e.f 06.03.2026 due to completion of his tenure on 05.03.2026 in pursuance to MNRE order dated 06.03.2023. Accordingly, he is ceased to be member of the committee.
Textual Information(3) Smt. Rohini Rawat,ceased to be Independent Director on the board of the Company w.e.f 06.03.2026 due to completion of her tenure on 05.03.2026 in pursuance to MNRE order dated 06.03.2023. Accordingly, she is ceased to be member of the committee.
Textual Information(4) Post reconstitution of the Committee during the quarter, Shri Jaganath Chennakeshava Murthy Jodidhar was appointed as a Member of the committee. He ceased to be an Independent Director w.e.f. March 28, 2026, upon completion of his tenure on March 27, 2026, in pursuance of MNRE Order dated March 28, 2025, and accordingly ceased to be a Member of the Committee.
Textual Information(5) Post reconstitution of the Committee during the quarter, Shri Padam Lal Negi was appointed as a Member of the Committee.






Stakeholders Relationship Committee
Whether the Stakeholders Relationship Committee has a Regular Chairperson No
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 10064841 Ram Nihal Nishad Non-Executive - Independent Director Chairperson 20-Mar-2023 06-Mar-2026 Textual Information(1)
2 10064820 Rohini Rawat Non-Executive - Independent Director Member 20-Mar-2023 06-Mar-2026 Textual Information(2)
3 08816532 Dr Bijay kumar Mohanty Executive Director Member 12-Oct-2023
4 09556253 Jaganath Chennakeshava Murthy Jodidhar Non-Executive - Independent Director Chairperson 06-Mar-2026 28-Mar-2026 Textual Information(3)
5 09483059 Shabdsharan Narharibhai Brahmbhatt Non-Executive - Independent Director Member 06-Mar-2026 28-Mar-2026 Textual Information(4)



Text Block
Textual Information(1) Shri Ram Nihal Nishad, ceased to be Independent Director on the board of the Company w.e.f 06.03.2026 due to completion of his tenure on 05.03.2026 in pursuance to MNRE order dated 06.03.2023. Accordingly, he is ceased to be Chairperson of the committee.
Textual Information(2) Smt. Rohini Rawat,ceased to be Independent Director on the board of the Company w.e.f 06.03.2026 due to completion of her tenure on 05.03.2026 in pursuance to MNRE order dated 06.03.2023. Accordingly, she is ceased to be member of the committee.
Textual Information(3) Post reconstitution of the Committee during the quarter, Shri Jaganath Chennakeshava Murthy Jodidhar was appointed as a Chairperson of the Committee. He ceased to be an Independent Director w.e.f. March 28, 2026, upon completion of his tenure on March 27, 2026, in pursuance of MNRE Order dated March 28, 2025, and accordingly ceased to be a Chairperson of the Committee.
Textual Information(4) Post reconstitution of the Committee during the quarter, Shri Shabdsharan Narharibhai Brahmbhatt was appointed as a Member of the Committee. He ceased to be an Independent Director w.e.f. March 28, 2026, upon completion of his tenure on March 27, 2026, in pursuance of MNRE Order dated March 28, 2025, and accordingly ceased to be a Member of the Committee



Risk Management Committee
Whether the Risk Management Committee has a Regular Chairperson No
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 09556253 Jaganath Chennakeshava Murthy Jodidhar ID Chairperson 01-Nov-2022 28-Mar-2026 Textual Information(1)
2 10064841 Ram Nihal Nishad ID Member 20-Mar-2023 06-Mar-2026 Textual Information(2)
3 08816532 Dr Bijay kumar Mohanty ED Member 20-Mar-2023
4 10041387 Padam Lal Negi NED,ND Member 06-Mar-2026 Textual Information(3)



Text Block
Textual Information(1) Shri Jaganath Chennakeshava Murthy Jodidhar,ceased to be Independent Director on the board of the Company w.e.f 28.03.2026 due to completion of his tenure on 27.03.2026 in pursuance to MNRE order dated 28.03.2025. Accordingly, he is ceased to be Chairperson of the committee.
Textual Information(2) Shri Ram Nihal Nishad, ceased to be Independent Director on the board of the Company w.e.f 06.03.2026 due to completion of his tenure on 05.03.2026 in pursuance to MNRE order dated 06.03.2023. Accordingly, he is ceased to be member of the committee.
Textual Information(3) Post reconstitution of the Committee during the quarter, Shri Padam Lal Negi was appointed as a Member of the Committee.



Annexure 1
III. Meeting of Board of Directors
Disclosure of notes on meeting of board of directors explanatory
Sr Date(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order) Maximum gap between any two consecutive (in number of days) Notes for not providing Date Whether requirement of Quorum met (Yes/No) Total Number of Directors as on date of the meeting Number of Directors present* (All directors including Independent Director) No. of Independent Directors attending the meeting*
1 14-Oct-2025 Yes 7 7 4
2 10-Nov-2025 26 Yes 7 7 4
3 09-Dec-2025 28 Yes 7 7 4
4 20-Dec-2025 10 Yes 7 7 4
5 30-Dec-2025 9 Yes 7 7 4
6 09-Jan-2026 9 Yes 7 7 4
7 16-Jan-2026 6 Yes 7 7 4
8 06-Feb-2026 20 Yes 7 7 4
9 02-Mar-2026 23 Yes 7 7 4
10 19-Mar-2026 16 Yes 5 5 2
11 25-Mar-2026 5 Yes 5 5 2
12 30-Mar-2026 4 No 3 3 0



Annexure 1
IV. Meeting of Committees
Disclosure of notes on meeting of committees explanatory
Sr Name of Committee Date(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order) Maximum gap between any two consecutive (in number of days) Name of other committee Reson for not providing date Whether requirement of Quorum met (Yes/No) Total Number of Directors in the Committee as on date of the meeting Number of Directors Present (All Directors including Independent Director) No. of Independent Directors attending the meeting* No. of members attending the meeting (other than Board of Directors)
1 Audit Committee 14-Oct-2025 Yes 3 3 2 0
2 Audit Committee 10-Nov-2025 26 Yes 3 3 2 0
3 Audit Committee 30-Dec-2025 49 Yes 3 3 2 0
4 Audit Committee 09-Jan-2026 9 Yes 3 3 2 0
5 Audit Committee 02-Mar-2026 51 Yes 3 3 2 0
6 Nomination and remuneration committee 10-Nov-2025 Yes 3 3 3 0
7 Nomination and remuneration committee 09-Dec-2025 28 Yes 3 3 3 0
8 Nomination and remuneration committee 02-Mar-2026 82 Yes 3 3 3 0
9 Nomination and remuneration committee 25-Mar-2026 22 Yes 3 3 2 0
10 Stakeholders Relationship Committee 09-Dec-2025 Yes 3 3 2 0
11 Risk Management Committee 10-Nov-2025 Yes 3 3 2 0
12 Risk Management Committee 30-Dec-2025 49 Yes 3 3 2 0
13 Risk Management Committee 02-Mar-2026 61 Yes 3 3 2 0



Annexure 1
VI. Affirmations
Sr Subject Compliance status (Yes/No)
1 The composition of Board of Directors is in terms of SEBI (Listing obligations and disclosure requirements) Regulations, 2015 No
2 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015 a. Audit Committee No
3 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. b. Nomination & remuneration committee No
4 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. c. Stakeholders relationship committee No
5 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. d. Risk management committee (applicable to the top 1000 listed entities) No
6 The committee members have been made aware of their powers, role and responsibilities as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015. Yes
7 The meetings of the board of directors and the above committees have been conducted in the manner as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015 Yes
8 This report and/or the report submitted in the previous quarter has been placed before Board of Directors. Yes
9 Any comments/observations/advice of Board of Directors may be mentioned here: 1. W.r.t. SR.No 1, During the quarter, the composition of the Board was in conformity with the provisions of the SEBI LODR Regulations except during the period from March 06, 2026 to March 31, 2026 due to not having the requisite number of Independent Directors, including one (1) Woman Director on the Board of the Company. 2. W.r.t. SR.NO 2, 3, 4 & 5, the composition of the Audit Committee, Nomination and Remuneration Committee (NRC), Stakeholders Relationship Committee (SRC), and Risk Management Committee was in compliance with the applicable provisions up to 27 March 2026. Post 27 March 2026, the said Committees are in non-compliant due to the absence of Independent Directors on the Board. Being a Government Company, all Directors, including Independent Directors, are appointed by the Government of India through the Administrative Ministry. The matter is regularly following up with the Administrative Ministry for necessary appointments.



Annexure 1
Sr Subject Compliance status
1 Name of signatory Ekta Madan
2 Designation Company Secretary and Compliance Officer



Details of Cyber security incidence
Whether as per Regulation 27(2)(ba) of SEBI (LODR) Regulations, 2015 there has been cyber security incidents or breaches or loss of data or documents during the quarter No
Other details of cyber security incidence or breaches or loss of data event
Number of cyber security incidence or breaches or loss of data event occurred during the quarter
Sr Date of the event Brief details of the event



Annexure II to be submitted by listed entity at the end of the financial year (for the whole of financial year)
I. Disclosure on website in terms of LODR Regulation
Sr Item Compliance status (Yes/No/NA) If status is No details of non-compliance may be given here. Web address
1.1 Details of business Yes www.ireda.in
1.2 Memorandum of Association and Articles of Association Yes www.ireda.in
1.3 Brief profile of board of directors including directorship and full time positions in body corporates Yes www.ireda.in
2 Terms and conditions of appointment of independent directors Yes www.ireda.in
3 Composition of various committees of board of directors Yes www.ireda.in
4 Code of conduct of board of directors and senior management personnel Yes www.ireda.in
5 Details of establishment of vigil mechanism or whistle blower policy Yes www.ireda.in
6 Criteria of making payments to non-executive directors Yes www.ireda.in
7 Policy on dealing with related party transactions Yes www.ireda.in
8 Policy for determining material subsidiaries Yes www.ireda.in
9 Details of familiarization programmes imparted to independent directors Yes www.ireda.in
10 Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievances Yes www.ireda.in
11 Email address for grievance redressal and other relevant details Yes www.ireda.in
12 Financial results Yes www.ireda.in
13 Shareholding pattern Yes www.ireda.in
14 Details of agreements entered into with the media companies and/or their associates NA
15.1 Schedule of analyst or institutional investor meet and presentation prepared by listed entity for analyst or institutional investor meet Yes www.ireda.in
15.2 Audio or video recordings and transcripts of post earnings/quarterly calls NA
16 New name and the old name of the listed entity NA
17 Advertisements as per regulation 47 (1) Yes www.ireda.in
18 Credit rating or revision in credit rating obtained Yes www.ireda.in
19 Separate audited financial statements of each subsidiary of the listed entity Yes www.ireda.in
20 Secretarial compliance report Yes www.ireda.in
21 Materiality policy as per regulation 30 (4) Yes www.ireda.in
22 Disclosure of contact details of KMP who are authorized for the purpose of determining materiality as required under regulation 30(5) Yes www.ireda.in
23 Disclosures under regulation 30(8) Yes www.ireda.in
24 Statements of deviation(s) or variations(s) as specified in regulation 32 NA
25 Dividend distribution policy as specified in regulation 43A (1) Yes www.ireda.in
26.1 Annual return as provided under section 92 of the Companies Act 2013 Yes www.ireda.in
26.2 Employee benefit scheme documents framed in terms of SEBI (SBEB) regulations 2021
27 Confirmation that the above disclosures are in a separate section as specified in regulation 46(2) Yes www.ireda.in
28 Compliance with regulation 46(3) with respect to accuracy of disclosures on the website and timely updation Yes www.ireda.in
29 Disclosure of notes on website in terms of Listing Regulations explanatory


Annexure II
II. Annual Affirmations
Sr Particulars Regulation Number Compliance status (Yes/No/NA) If status is No details of non-compliance may be given here.
1 Independent director(s) have been appointed in terms of specified criteria of independence and/or eligibility 16(1)(b) Yes
2 Board Composition 17(1), 17(1A) & 17(1C), 17(1D) & 17(1E) No During the FY 26, the composition of the Board was in conformity with the provisions of the SEBI LODR Regulations except during the period from March 06, 2026 to March 31, 2026 due to not having the requisite number of Independent Directors, including one (1) Woman Director on the Board of the Company. Being a Government Company, all Directors, including Independent Directors, are appointed by the Government of India through the Administrative Ministry. The matter is regularly following up with the Administrative Ministry for necessary appointments.
3 Meeting Of Board Of Directors 17(2) Yes
4 Quorum of board meeting 17(2A) Yes
5 Review of Compliance Reports 17(3) Yes
6 Plans for orderly succession for appointments 17(4) Yes
7 Code of Conduct 17(5) Yes
8 Fees/compensation 17(6) Yes
9 Minimum Information 17(7) Yes
10 Compliance Certificate 17(8) Yes
11 Risk Assessment & Management 17(9) Yes
12 Performance Evaluation of Independent Directors 17(10) Yes
13 Recommendation of Board 17(11) Yes
14 Maximum number of Directorships 17A Yes
15 Composition of Audit Committee 18(1) No During the quarter, the composition of the Committee was in compliance up to 27.03.2026. Post 27.03.2026, the Committee are in non-compliant due to the absence of Independent Directors on the Board. Being a Government Company, all Directors, including Independent Directors, are appointed by the Government of India through the Administrative Ministry. The matter is regularly following up with the Administrative Ministry for necessary appointments
16 Meeting of Audit Committee 18(2) Yes
17 Role of Audit Committee and information to be reviewed by the audit committee 18(3) Yes
18 Composition of nomination & remuneration committee 19(1) & (2) No During the quarter, the composition of the Committee was in compliance up to 27.03.2026. Post 27.03.2026, the Committee are in non-compliant due to the absence of Independent Directors on the Board. Being a Government Company, all Directors, including Independent Directors, are appointed by the Government of India through the Administrative Ministry. The matter is regularly following up with the Administrative Ministry for necessary appointments
19 Quorum of Nomination and Remuneration Committee meeting 19(2A) Yes
20 Meeting of Nomination and Remuneration Committee 19(3A) Yes
21 Role of Nomination and Remuneration Committee 19(4) Yes
22 Composition of Stakeholder Relationship Committee 20(1), 20(2) & 20(2A) No During the quarter, the composition of the Committee was in compliance up to 27.03.2026. Post 27.03.2026, the Committee are in non-compliant due to the absence of Independent Directors on the Board. Being a Government Company, all Directors, including Independent Directors, are appointed by the Government of India through the Administrative Ministry. The matter is regularly following up with the Administrative Ministry for necessary appointments
23 Meeting of Stakeholders Relationship Committee 20(3A) Yes
24 Role of Stakeholders Relationship Committee 20(4) Yes
25 Composition and role of risk management committee 21(1),(2),(3),(4) No During the quarter, the composition of the Committee was in compliance up to 27.03.2026. Post 27.03.2026, the Committee are in non-compliant due to the absence of Independent Directors on the Board. Being a Government Company, all Directors, including Independent Directors, are appointed by the Government of India through the Administrative Ministry. The matter is regularly following up with the Administrative Ministry for necessary appointments
26 Meeting of Risk Management Committee 21(3A) Yes
27 Quorum of Risk Management Committee meeting 21(3B) Yes
28 Gap between the meetings of the Risk Management Committee 21(3C) Yes
29 Vigil Mechanism 22 Yes
30 Policy for related party Transaction 23(1), (1A), (5), (6), & (8) Yes
31 Prior or Omnibus approval of Audit Committee for all related party transactions 23(2), (3) NA
32 Approval for material related party transactions 23(4) NA
33 Disclosure of related party transactions on consolidated basis 23(9) Yes
34 Composition of Board of Directors of unlisted material Subsidiary 24(1) NA
35 Other Corporate Governance requirements with respect to subsidiary of listed entity 24(2),(3),(4),(5) & (6) Yes
36 Alternate Director to Independent Director 25(1) NA
37 Maximum Tenure 25(2) Yes
38 Appointment, Re-appointment or removal of an Independent Director through special resolution or the alternate mechanism 25(2A) Yes
39 Meeting of independent directors 25(3) & (4) Yes
40 Familiarization of independent directors 25(7) Yes
41 Declaration from Independent Director 25(8) & (9) Yes
42 Directors and Officers insurance 25(10) Yes
43 Confirmation with respect to appointment of Independent Directors who resigned from the listed entity 25(11) Yes
44 Memberships in Committees 26(1) Yes
45 Affirmation with compliance to code of conduct from members of Board of Directors and Senior management personnel 26(3) Yes
46 Policy with respect to Obligations of directors and senior management 26(2) & 26(5) Yes
47 Approval of the Board and shareholders for compensation or profit sharing in connection with dealings in the securities of the listed entity 26(6) NA
48 Vacancies in respect Key Managerial Personnel 26A(1) & 26A(2), 26A(3) NA
Any other information to be provided - Add Notes



Annexure II
III. Affirmations
Sr Particulars Compliance status (Yes/No/NA)
1 The Listed Entity has approved Material Subsidiary Policy and the Corporate Governance requirements with respect to subsidiary of Listed Entity have been complied Yes
Any other information to be provided Textual Information(1)



Text Block
Textual Information(1) The Company has Material Subsidiary Policy, however there is no Material Subsidiary of the company



Annexure II
1 Name of signatory Ekta Madan
2 Designation Company Secretary and Compliance Officer



Additional Half yearly Disclosure
Any Other Information for Disclosure of Loans / Guarantees / Comfort Letters / Securities Etc.
I. Disclosure of Loans/ guarantees/comfort letters /securities etc.refer note below
(A)Any loan or any other form of debt advanced by the listed entity directly or indirectly to
Entity Aggregate amount advanced during six months Balance outstanding at the end of six months
Promoter or any other entity controlled by them 0 0
Promoter Group or any other entity controlled by them 0 0
Directors (including relatives) or any other entity controlled by them 0 0
KMPs or any other entity controlled by them 0 0
(B) Any guarantee / comfort letter (by whatever name called) provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed By
Entity Type (guarantee, comfort letter etc.) Aggregate amount of issuance during six months Balance outstanding at the end of six months(taking into account any invocation)
Promoter or any other entity controlled by them 0 0 0
Promoter Group or any other entity controlled by them 0 0 0
Directors (including relatives) or any other entity controlled by them 0 0 0
KMPs or any other entity controlled by them 0 0 0
(C) Any security provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed by
Entity Type of security (cash, shares etc.) Aggregate value of security provided during six months Balance outstanding at the end of six months
Promoter or any other entity controlled by them 0 0 0
Promoter Group or any other entity controlled by them 0 0 0
Directors (including relatives) or any other entity controlled by them 0 0 0
KMPs or any other entity controlled by them 0 0 0
(D) Additional Information
II. Affirmations
Affirmations Compliance Status Company Remarks
All loans (or other form of debt), guarantees, comfort letters (by whatever name called) or securities in connection with any loan(s) (or other form of debt) given directly or indirectly by the listed entity to promoter(s), promoter group, director(s) (including their relatives), key managerial personnel (including their relatives) or any entity controlled by them are in the economic interest of the company. Yes
Name Dr Bijay Kumar Mohanty
Designation Chief Financial Officer
Place New Delhi
Date 24-Apr-2026



Signatory Details
Name of signatory Ekta Madan
Designation of person Company Secretary and Compliance Officer
Place New Delhi
Date 24-Apr-2026


Investor Grievance Details
No. of investor complaints pending at the beginning of Quarter 0
No. of investor complaints received during the Quarter 2
No. of investor complaints disposed off during the Quarter 2
No. of investor complaints those remaining unresolved at the end of the Quarter 0


Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies-
The details of acquisition of shares or voting rights in unlisted companies during the quarter in terms of sub-para 1 of para A of Part A of Schedule III are given below
Any Other Information for Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies
Sr. No. Name of the unlisted company in which shares or voting rights have been acquired Date of acquisition Aggregate holding (% shares or voting rights) as at the end of the previous quarter % shares or voting rights acquired during the quarter Aggregate holding (% shares or voting rights) as at the end of the quarter


Disclosure of Imposition of Fine or Penalty
The details of imposition of fine or penalty during the quarter in terms of sub-para 20 of para A of Part A of Schedule III are given below:
Any Other Information for Disclosure of Imposition of Fine or Penalty
Sr. No. Name of the authority Nature and details of the action(s) taken or order(s) passed Date of receipt of direction or order, including any ad interim or interim orders, or any other communication from the authority Details of the violation(s)/ contravention(s) committed or alleged to be committed Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible


Disclosure of Updates to Ongoing Tax Litigations or Disputes
The updates on tax litigations or disputes in terms of sub-para 8 of para B of Part A of Schedule III read with corresponding provisions of Annexure 18 of the Master Circular are given below:

Any Other Information for Disclosure of Updates to Ongoing Tax Litigations or Disputes
Sr. No. Name of the opposing party Date of initiation of the litigation / dispute Status of the litigation / dispute as per last disclosure Current status of the litigation / dispute
1 Income Tax Deptt : Deputy Commissioner of Income Tax, Circle - 10(1), Delhi. 20-Apr-2021 The appeal effect and subsequent refund for Income Tax cases for FY 2009-10 , FY 2012-13 , FY 2014-15 and FY 2015-16 , in which partial relief was provided to the Company by CIT (Appeals) vide order dated 22.03.24 , (approx Rs. 129 Cr. including interest) is yet to be received. The Income tax department had filed appeal with ITAT . For items which were not allowed as relief to the company, IREDA had furthur filed appeal before the ITAT (approx Rs. 14 Cr.). In its order dated 31.12.25 , the ITAT has allowed all the grounds of IREDA while dismissed all the grounds of the I.T. Deptt. Appeal Effect of the ITAT is awaited . IREDA has received a favourable ITAT order dated 31.12.25 , in which all the grounds of IREDA have been allowed while all the grounds of the I.T. Deptt. have been dismissed. The appeal effect of the same is awaited .
2 Commissioner (Adjudication), CGST, Delhi-East, New Delhi 15-Jun-2022 Demand of service tax on liquidated damages under Section 66E(e) of the Finance Act, 1994, and differential amount between the profit & loss account and ST-3 returns for FY 2012-13 to 2015-16. ( approx Rs. 117 Cr.). Pending hearing . Demand of service tax on liquidated damages under Section 66E(e) of the Finance Act, 1994, and differential amount between the profit & loss account and ST-3 returns for FY 2012-13 to 2015-16. ( approx Rs. 117 Cr.). Pending hearing .