
Management Change12 Oct 2026, 07:30 pm
PTC India Financial Services Extends MD&CEO and CS Tenures
AI Summary
PTC India Financial Services Limited's Board of Directors has approved the extension of Shri Rajiv Malhotra's tenure as MD&CEO (Addl. Charge) for one year, from December 1, 2026, to November 30, 2027. The board also extended the tenure of Shri Manohar Balwani as Company Secretary & Compliance Officer for one year, from November 6, 2026, to November 5, 2027. These extensions are subject to shareholder approval. Additionally, the company appointed a Nodal Officer to coordinate with its holding company, PTC India Limited, regarding the potential monetization of its investment in PTC India Financial Services.
Key Highlights
- MD&CEO (Addl. Charge) tenure extended by one year.
- Company Secretary & Compliance Officer tenure extended by one year.
- Both extensions are subject to shareholder approval.
- Nodal Officer appointed for coordination on potential divestment.
Price Impact
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