IRM Energy Limited Appoints Ashish Maheshwari as Chief Financial Officer Amid Leadership Transition
IRM Energy Limited has announced significant changes in its senior management structure, approving the appointment of Mr. Ashish Maheshwari as the new Chief Financial Officer (CFO), effective August 14, 2026. This transition follows the relinquishment of his post by Mr. Arunkumar Saluru, who was previously serving as CFO and Key Managerial Personnel (KMP).Mr. Arunkumar Saluru ceased his role as Chief Financial Officer and KMP at the close of business hours on August 13, 2026. According to company records, he will continue to be associated with IRM Energy Limited in a senior capacity, taking the position of Vice President Finance & Accounts.
The Board of Directors approved the appointment of Mr. Ashish Maheshwari as CFO and KMP, effective from August 14, 2026.
Mr. Maheshwari brings extensive experience to the role, with over 16 years in corporate finance, project finance, treasury, financial planning, business strategy, and financial reporting. He holds qualifications including a Chartered Accountant (ICAI), Company Secretary (ICSI), Law Graduate (LLB), and a Diploma in IFRS from ACCA (UK). His expertise spans fundraising, mergers and acquisitions, investor relations, financial modeling, Ind-AS compliance, and strategic planning, having previously been associated with the Adani Group, Kalpataru Group, and Reliance ADAG Group.
The company has also specified that Mr. Ashish Maheshwari is authorized to determine the materiality of events or information and to make necessary disclosures to Stock Exchanges.
Key Managerial Personnel authorized to determine event materiality and make disclosures include a combination of directorial and management staff:
| Name and Designation | Role Details |
|---|---|
| Mr. Amitabha Banerjee | Whole Time Director |
| Mr. Manoj Kumar Sharma | Chief Executive Officer |
| Mr. Ashish Maheshwari | Chief Financial Officer (CFO) |
| Mr. Akshit Soni | Company Secretary & Compliance Officer |
IRMENERGY Stock Price Movement
IRM Energy Limited shares saw a modest gain on Thursday, closing out at ₹297.05 after edging up 0.25% from the previous close. The stock traded 56,228 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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