PTC Industries Board Approves ₹1800 Cr Fund Raise via QIP/Preferential Issue

PTC Industries Limited's Board of Directors, in a meeting held on June 27, 2026, approved a significant fund-raising plan of up to ₹1800 Crores through Qualified Institutions Placement (QIP) or Preferential Issue. The company also approved proposals for loans, guarantees, and investments up to ₹2000 Crores, and an increase in borrowing limits to ₹600 Crores. These approvals are enabling in nature and subject to shareholder and regulatory approvals. An Extra-Ordinary General Meeting (EGM) will be convened to seek member approval for these proposals.