PTC India shareholders approve appointment of three directors via postal ballot
PTC India shareholders approved the re-appointment of Shri Prakash Mhaske and the appointment of Shri Sukhdev Singh as Independent Directors. Shri Masood Akhtar Ansari was appointed as Non-Executive Nominee Director. The postal ballot results were announced on January 9, 2026, following e-voting that concluded on January 8, 2026.
The appointment of directors is a significant corporate governance event that impacts the company's leadership and strategic direction.
The company successfully passed all proposed resolutions with a significant majority, indicating shareholder approval for the board appointments.
PTC India Limited has announced the results of its postal ballot, indicating that shareholders have approved the proposed resolutions with the requisite majority. The resolutions included the re-appointment of Shri Prakash Mhaske as an Independent Director, the appointment of Shri Sukhdev Singh as an Independent Director, and the appointment of Shri Masood Akhtar Ansari as a Non-Executive Nominee Director.
The e-voting period for the postal ballot commenced on December 10, 2025, and concluded on January 8, 2026. The voting results, along with the Scrutinizer's report dated January 9, 2026, have been submitted to the stock exchanges and will be available on the company's website.
For the re-appointment of Shri Prakash Mhaske, 97.10% of the votes cast were in favour. Shri Sukhdev Singh's appointment as Independent Director received 97.94% of the votes in favour, and Shri Masood Akhtar Ansari's appointment as Non-Executive Nominee Director secured 95.90% of the votes in favour. The total number of shareholders as of the cut-off date, December 5, 2025, was 2,81,246.
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PTC India Limited filed this with the NSE as a statutory disclosure, categorised under board meeting. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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