Indian Railway Finance Corporation Limited has notified the stock exchanges of an upcoming Board of Directors meeting, pursuant to Regulation 29(1) & 50 read with Regulation 33 & 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting is scheduled to be held on Thursday, 14th May 2026, and has been convened to consider and approve key financial statements for the quarter and financial year ended 31st March, 2026.

Board Meeting Details

The following key agenda items and regulatory details have been disclosed in the intimation filed with the exchanges:

Trading Window Closure

In accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal policy under the said regulations, the Trading Window for Indian Railway Finance Corporation's securities has been closed since 1st April 2026. The closure will remain in effect until 48 hours after the declaration of the audited financial results for the quarter and financial year ended 31st March, 2026.

The company had previously communicated the Trading Window closure vide a letter dated 24th March 2026. All designated persons and their immediate relatives, as defined under the company's policy, have been advised against trading in the company's securities — including its equity shares and listed debt securities — during this period.

Regulatory Compliance

The intimation has been submitted by Vijay Babulal Shirode, Company Secretary and Compliance Officer of Indian Railway Finance Corporation Limited, in accordance with applicable SEBI listing and insider trading regulations. The disclosure was digitally signed on 7th May 2026.

The board meeting represents a standard regulatory milestone for the company as it prepares to present its full-year audited financial performance to stakeholders and the exchanges.

Indian Railway Finance Corporation Limited has received official confirmation from the National Stock Exchange of India Limited regarding the waiver of regulatory fines spanning multiple quarters. The NSE communicated its favorable decision through an email dated April 24, 2026, approving the company's request for fine waiver submitted under SEBI Master Circular No SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

The waiver covers fines levied for the period from March 2022 to December 2025, providing significant regulatory relief to the Government of India Enterprise. The company made this disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency with exchanges and stakeholders.

Waiver Coverage Details

The NSE's favorable consideration applies to fines levied under specific SEBI LODR Regulations that govern various aspects of corporate governance and compliance:

Official Communication Summary

The formal disclosure was communicated to both major stock exchanges with comprehensive details about the regulatory relief:

The official communication was signed by Vijay Babulal Shirode, Company Secretary & Compliance Officer, and submitted to both NSE and BSE Limited for information and record purposes. This regulatory relief demonstrates the company's proactive approach to compliance management and its ability to secure favorable consideration from regulatory authorities for past violations.