PTC NSE filing

PTC India Ltd.: Rajneesh Agarwal Ceases to be Director Following NHPC Nomination Withdrawal

The RealCase readLow impact Neutral

Shri Rajneesh Agarwal has ceased to be a Director on the Board of PTC India Limited, effective March 2nd, 2026. This follows the withdrawal of his nomination by NHPC Limited, the nominating entity. The company has formally informed the stock exchanges about this change.

Why it matters

The change in a single director, especially due to a nomination withdrawal, is unlikely to have a significant immediate impact on the company's operations or financial performance.

The market read

The announcement is a routine update regarding a change in directorship due to a nomination withdrawal, with no immediate positive or negative financial implications stated.

PTC India Limited has announced the cessation of Shri Rajneesh Agarwal (DIN: 10816601) as a Director on its Board, effective March 2nd, 2026. This change follows the withdrawal of his nomination by NHPC Limited, the nominating company, as communicated via a letter dated March 2nd, 2026, which was received by PTC India on March 3rd, 2026.

The company has formally intimated this change under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The detailed information, as required by SEBI regulations and the master circular, confirms that Shri Rajneesh Agarwal's cessation is due to the withdrawal of his nomination by NHPC Limited. His term as director concluded on March 2nd, 2026. The company has also stated that this information will be hosted on its website, www.ptcindia.com.

Filing to action

What to do with a filing like this

PTC India Limited filed this with the NSE as a statutory disclosure, categorised under board changes. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.

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Primary source

A plain-language summary of a public exchange filing by PTC India Limited. Read the original for the full detail.

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