
Management Change12 Oct 2026, 07:40 pm
PTC India Financial Services Extends MD&CEO, 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, effective December 1, 2026, until November 30, 2027, subject to shareholder approval. Additionally, the tenure of Shri Manohar Balwani as Company Secretary & Compliance Officer has been extended for one year, effective November 6, 2026, until November 5, 2027. The board also appointed Shri Govinda Garg as the Nodal Officer to coordinate with the holding company, PTC India Limited, regarding the ongoing process of exploring monetization opportunities.
Key Highlights
- MD&CEO tenure extended by one year, subject to shareholder approval.
- Company Secretary & Compliance Officer tenure extended by one year.
- Nodal Officer appointed for coordination on holding company's monetization process.
- Holding company is exploring monetization opportunities.
Price Impact
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