PFCNSEPower Finance Corporation Limited· Financial InstitutionMediumNeutral
Announced Tue, 7 Apr · 12:53 IST

Clarification on Independent Director Bhaskar Bhattacharya's resignation

Management Changes View source PDF

PFC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+3.0%1-day move
₹406.00
prior close
₹406.60
base price
In-mkt
timing
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+0.0-0.1-0.1+0.0+3.0+5.2+7.1+6.8+9.6+14.4+14.3+12.6+5.4+1.4
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AI summary

PFC has submitted a follow-up to BSE regarding the resignation of Independent Director Shri Bhaskar Bhattacharya (DIN: 09406292), originally intimated on April 2, 2026. The company clarified that as per the director's own declaration, he did not hold directorship in any other listed entity on the date of his cessation. No additional details on the reason for resignation were provided.

Likely market impact

Routine governance disclosure; minor impact as the board seat will need to be filled.