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PTC India Financial Services Shareholders Clear Appointments of Two Independent Directors

Story Highlights
  • PTC India Financial Services won shareholder approval to appoint Mini Ipe and Rashmi Verma as independent directors.
  • The near-unanimous postal ballot support underscores investor confidence in strengthened governance at the infrastructure lender.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
PTC India Financial Services Shareholders Clear Appointments of Two Independent Directors

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An announcement from PTC India Financial Services Limited ( (IN:PFS) ) is now available.

PTC India Financial Services Limited has announced that its shareholders have approved, via postal ballot and e-voting, the appointments of Smt. Mini Ipe and Smt. Rashmi Verma as Independent Directors, with both special resolutions passed by an overwhelming majority. The strong voting support across promoter, institutional, and non-institutional categories underlines broad investor confidence in the company’s refreshed board composition, which could strengthen corporate governance and strategic oversight as the lender continues to navigate India’s evolving energy and infrastructure financing landscape.

More about PTC India Financial Services Limited

PTC India Financial Services Limited is a non-banking financial company and a subsidiary of PTC India Limited, focused on providing financing solutions to the energy and infrastructure sectors in India. The company operates in the financial services industry with a particular emphasis on funding power and related infrastructure projects, positioning itself as a specialized lender within this niche market.

Average Trading Volume: 134,973

Technical Sentiment Signal: Sell

Current Market Cap: 21.53B INR

Find detailed analytics on PFS stock on TipRanks’ Stock Analysis page.

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