IRFC Share Price Today

IRFC receives ₹396.91 crore GST show cause notice for FY23 period

IRFC received a ₹396.91 crore show cause notice from GST authorities on September 29, 2026. The notice covers the period from April 2022 to March 2023 under Section 73 of the CGST Act. The amount includes applicable interest and penalty, with final implications pending order issuance. The company plans to file a detailed reply and pursue all available legal remedies.

IRFC board comments on exchange fine for governance non-compliance

IRFC Board responds to ₹13.72 lakh fine for governance non-compliance in Q1FY27. Fines relate to Board composition and committee norms under SEBI LODR Regulations. Company cites lack of control over director appointments as it is a Government Company. Previous fines for similar issues from March 2021 to December 2025 were waived.

IRFC signs ₹4,200 crore loan agreement with DVC for renewable energy

IRFC signs **₹4,200 crore** term loan agreement with DVC for renewable energy projects. Funds will finance floating, ground-mounted, and rooftop solar plus BESS projects. Transaction supports Indian Railways' Net Zero Carbon Emissions target by 2030. Projects are located in Jharkhand and West Bengal leveraging existing infrastructure.

IRFC appoints GSA & Associates, K G R S & Co as joint statutory auditors for FY27

IRFC appointed GSA & Associates LLP and K G R S & Co as joint statutory auditors for FY27. C&AG issued the appointment order on September 9, 2026. Disclosures made to exchanges on September 17, 2026 per SEBI Listing Regulations. GSA & Associates LLP founded in 1975; K G R S & Co established in 1988. Both firms serve PSUs, banks, and multinational corporations.

IRFC appoints GSA & Associates, K G R S & CO as joint auditors for FY27

IRFC appointed M/s GSA & Associates LLP and M/s K G R S & CO as joint statutory auditors for FY27. Appointments were communicated by the C&AG on September 9, 2026. Disclosure made to exchanges on September 10, 2026 under SEBI LODR Regulations. Audit mandate issued under Section 139 of the Companies Act, 2013.

IRFC fined ₹13.72 lakh each by BSE, NSE for board composition lapses

IRFC fined ₹13.72 lakh each by BSE and NSE for board composition non-compliance. Violations relate to Q2FY27 board quorum and committee constitution rules. Company cites lack of control over director appointments as a government entity. Fines deemed to have no material financial or operational impact. Waiver requested citing precedent of earlier fine waivers by exchanges.