Indian Railway Finance Corporation Limited — Board Meeting, 25-06-2025: Outcome of Board Meeting

Indian Railway Finance Corporation Ltd. has announced a board meeting on which designated Shri Randhir Sahay, Director (Finance), as the new Chief Financial Officer, replacing Shri Sunil Kumar Goel who continues as GGM (Finance). The board appointed M/s VAP & Associates as Secretarial Auditor for five years, subject to shareholder approval. Key policy updates include approval of the Fraud Risk Management Policy and Internal Capital Adequacy Assessment Process (ICAAP), along with reviews of risk management, KYC & PMLA, outsourcing, and succession planning policies. Strategic governance and compliance framework strengthened.