IRFC appoints Alok Tiwari as new government nominee director

Indian Railway Finance Corporation (IRFC) has announced the appointment of Alok Tiwari as a part-time government nominee director, effective immediately. This appointment follows an order from the Ministry of Railways, Government of India, dated December 3, 2025, and received by IRFC on December 4, 2025. Tiwari, who currently serves as joint secretary, infrastructure finance secretariat, Department of Economic Affairs, replaces Baldeo Purushartha.

Tiwari's tenure as a director will continue as long as he holds the post of joint secretary, infrastructure finance secretariat, Department of Economic Affairs, or until further orders. IRFC confirmed that it is actively taking the necessary steps to finalize the appointment formalities and will make the required disclosures in due course.

This notification aligns with SEBI regulations, including SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, regarding changes in directorates. The company has submitted these details for the information and record of both the National Stock Exchange of India and BSE Limited.