Intimation regarding change in Board of Directors of the Company
PFC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shri Bhaskar Bhattacharya (DIN: 09406292), Independent Director on the Board of Power Finance Corporation Limited, has tendered his resignation effective 01.04.2026. The reason cited for his resignation is his proposed candidacy in the forthcoming West Bengal Assembly election from Serampore Constituency. He resigned to avoid any potential conflict of interest given his role as an Independent Director. Bhattacharya has confirmed that there is no other reason for his resignation other than the stated political candidacy. He expressed gratitude to the Board of Directors and assured the company of his best wishes for future success.
The resignation of an Independent Director may create a gap in the Board's composition and could require PFC to appoint a new Independent Director to maintain compliance with regulatory requirements.