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PTC India Limited Announces New Leadership and Dividend

Story Highlights

PTC India Limited ( (IN:PTC) ) just unveiled an announcement.

PTC India Limited’s Board of Directors has appointed Dr. Manoj Kumar Jhawar as the new Chairman and Managing Director, effective from his joining date, until he reaches the age of superannuation. Additionally, the company announced an interim dividend of 50% for the financial year 2024-2025, with a record date set for May 5, 2025, to determine eligible shareholders. These decisions are expected to influence the company’s leadership dynamics and provide financial returns to its stakeholders.

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 providing a range of services related to electricity distribution and management. The company is headquartered in New Delhi, India.

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.

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