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PTC India Limited ( (IN:PTC) ) has issued an update.
PTC India Limited announced the appointment of Dr. Manoj Kumar Jhawar as the new Chairman and Managing Director, effective upon his joining, with his term lasting until the age of superannuation. Additionally, the company declared an interim dividend of 50% (Rs. 5 per equity share) for the financial year 2024-2025, with May 5, 2025, set as the record date for determining eligible shareholders. These decisions reflect the company’s strategic leadership transition and commitment to shareholder returns.
More about PTC India Limited
PTC India Limited, formerly known as Power Trading Corporation of India Limited, operates in the energy sector, focusing on power trading and related services. The company is headquartered in New Delhi, India, and is involved in various activities related to the trading of electricity and power-related services.
YTD Price Performance: 18.36%
Average Trading Volume: 122,561
Current Market Cap: 53.04B INR
Learn more about PTC stock on TipRanks’ Stock Analysis page.