
Management Change30 Sept 2026, 04:50 pm
PTC India Extends Executive Director Rajiv Malhotra's Term by 1 Year
AI Summary
PTC India Ltd announced that its Board of Directors, following a recommendation from the Nomination and Remuneration Committee, has approved the extension of Shri Rajiv Malhotra's term as Executive Director for a period of one year. This extension is effective from December 1, 2026, and will be on the same terms and conditions as his current employment. Shri Malhotra, a Mechanical Engineer from IIM Lucknow and a CFA charterholder, brings over 35 years of experience to his role. The Board meeting where this decision was made took place on September 30, 2026.
Key Highlights
- Executive Director Rajiv Malhotra's term extended by one year.
- Extension is effective from December 1, 2026.
- Terms and conditions of employment remain unchanged.
- Rajiv Malhotra has over 35 years of experience.
- Board approved the extension on September 30, 2026.
Price Impact
More from PTC