StockWatch
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Non Banking Financial Company (NBFC)
Management Change1 Jul 2026, 02:32 pm

PTC India Financial Services: MD&CEO Change Confirmed

AI Summary

PTC India Financial Services Ltd has confirmed changes in its top management. Shri R Balaji has officially ceased his role as MD&CEO effective June 30, 2026, and has been relieved from the company's services. Concurrently, Shri Rajiv Malhotra has assumed the additional charge of MD&CEO, effective July 1, 2026. This follows previous communications regarding Mr. Balaji's resignation and Mr. Malhotra's re-designation from Nominee Director of PTC India Limited.

Key Highlights

  • Shri R Balaji has ceased as MD&CEO on June 30, 2026.
  • Shri Rajiv Malhotra assumes MD&CEO (Addl. Charge) from July 1, 2026.
  • This confirms prior communications on management transitions.
  • The company's website provides further details.