New Delhi: Indian Railway Finance Corporation Limited (IRFC), a Government of India enterprise, has appointed Mr. Alok Tiwari, Joint Secretary, Infrastructure Finance Secretariat, Department of Economic Affairs, as a Part-Time Government Nominee Director on its Board. This appointment comes in place of Mr. Baldeo Purushartha and is effective immediately.
Appointment Details and Effective Date
The appointment is valid until further orders or as long as Mr. Tiwari continues to hold the position of Joint Secretary in the Infrastructure Finance Secretariat. The Ministry of Railways communicated the change through its order No. 2022/PL/57/10 dated December 3, 2025, which IRFC received on December 4, 2025.
Strengthening Governance and Oversight
IRFC has initiated all necessary formalities to complete the appointment and ensure timely disclosure in compliance with SEBI Listing Regulations, 2015. The move is expected to further strengthen the company’s governance, oversight, and strategic direction in mobilizing financial resources for railway infrastructure projects across India.
Key Details of the Appointment
- Appointee: Mr. Alok Tiwari
- Position: Part-Time Government Nominee Director, IRFC Board
- Previous Director: Mr. Baldeo Purushartha
- Effective Date: December 4, 2025
- Tenure: Till further orders or as long as Mr. Tiwari holds the post of Joint Secretary, Infrastructure Finance Secretariat, Department of Economic Affairs
- Company Actions: IRFC is completing formalities, including disclosures as per Regulation 30 of SEBI (LODR) and Schedule III requirements
The appointment of Mr. Tiwari is expected to reinforce IRFC’s capacity to support India’s railway infrastructure development by ensuring strong governance and strategic oversight at the board level.
