Change in Director / Key Managerial Personnel
Nature of change: Appointment of Senior Management Personnel.
Name and DIN of the individual: Mr. Ashish Maheshwari. (DIN not disclosed in the provided data).
Effective date and tenure: The appointment is effective from June 12, 2026. The term is stated as "Full-time employment".
Brief profile and relevant qualifications or experience: Mr. Ashish Maheshwari is a finance professional with over 16 years of experience. His areas of expertise include corporate finance, project finance, treasury, financial planning, business strategy, and financial reporting. He is a qualified Chartered Accountant (ICAI), Company Secretary (ICSI), Law Graduate (LLB), and holds a Diploma in IFRS from ACCA (UK). He possesses extensive expertise in fundraising, project financing, treasury management, investor and lender relations, financial modelling, budgeting, mergers & acquisitions, financial reporting, Ind-AS compliance, board reporting, strategic planning, and business performance management. He has played a significant role in large-scale infrastructure, power, and renewable energy projects. Prior to joining IRM Energy Limited, he was associated with Adani Group, Kalpataru Group and Reliance ADAG Group.
Confirmation of eligibility under SEBI/BSE/NSE norms: The appointment was made based on the recommendation of the Nomination and Remuneration Committee, implying compliance with governance norms. Specific confirmation text is not provided.
Relationship with other directors: Disclosed as "Not Applicable".
Previous KMP: The data does not disclose who held the position of Director-Finance earlier or the reason for the vacancy.
Key Financial or Operational Approvals
The data does not contain information on financial results, fundraising, acquisitions, capital expenditures, or other financial approvals beyond the management appointment.
Strategic or Business Context
The data does not contain any commentary on business outlook, risks, trends, or strategic initiatives.
Any Other Material Information
Regulatory Compliance: The intimation is made pursuant to Regulation 30 read with Para A(7) of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It also references the updated SEBI Master Circular bearing No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.