StockWatch
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Power Trading
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.