PTC India Ltd.: Sh. Rajiv Ranjan Jha to Cease as Nominee Director on May 1, 2026
Sh. Rajiv Ranjan Jha will cease to be a Nominee Director on the Board of PTC India Ltd. effective May 1, 2026, due to his superannuation from Power Finance Corporation Limited on April 30, 2026.
The cessation of a nominee director due to superannuation is a standard occurrence and is unlikely to have a significant impact on the company's operations or financial performance.
The announcement pertains to the cessation of a nominee director due to superannuation, which is a routine corporate event and does not inherently carry a positive or negative financial implication for the company.
PTC India Limited has announced that Sh. Rajiv Ranjan Jha (DIN: 03523954), the Nominee Director representing Power Finance Corporation Limited, will cease to be a Director on the Board of PTC India Ltd. effective May 1, 2026.
This cessation is due to his superannuation from Power Finance Corporation Limited, the nominating company, on April 30, 2026. The company has informed the stock exchanges, BSE Limited and the National Stock Exchange of India Limited, about this change as per Regulation 30 of the SEBI Listing Regulations. The details of the cessation, including the reason and effective date, have been provided in Annexure-A and will be hosted on the company's website.
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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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See the model portfoliosA plain-language summary of a public exchange filing by PTC India Limited. Read the original for the full detail.