GENERAL2 Oct 2026
IREDA share price falls from ₹310 to ₹111 | Govt decision on top management; what exchange filing said | Stock Market News
IREDA shares closed at ₹111 on 1 October, down 64% from their ₹310 peak in July 2024. The government extended Dr Bijay Kumar Mohanty's additional charge as chairman and managing director for three more months from 1 October 2026. If you hold this government-owned stock, the top job stays temporary. Review your holding calmly and consult a certified expert before acting.
Key Statutory Highlights
- IREDA shares ended at ₹111 on the NSE on 1 October, which is 64% below the all-time high of ₹310 reached on 15 July 2024.
- The Ministry of New and Renewable Energy approved a three-month extension of Dr Bijay Kumar Mohanty's additional charge as chairman and managing director, effective 1 October 2026.
- IREDA's profit after tax rose 10% year on year to ₹1,873 crore in FY26, with its highest-ever sanctions of ₹51,883 crore during the year.
Actionable Advice for Taxpayers / Founders:If you hold IREDA shares, treat this as background information only and check your own goals and risk comfort. Speak to a certified expert before buying or selling, since prices can move quickly.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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