POWER FINANCE CORPORATION LIMITED has informed the Exchange about Resignation of Independent director.
PFC · price
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Shri Bhaskar Bhattacharya (DIN: 09406292) has resigned as Independent Director of Power Finance Corporation Limited, effective from his email dated 1 April 2026. He was originally appointed on 14 May 2025 for a one-year term as a part-time Non-Official Director. The reason cited is his candidature in the upcoming West Bengal Assembly Election from Serampore Constituency, prompting his exit to avoid any conflict of interest. He has confirmed there are no other reasons behind his resignation.
This is a routine, well-explained exit and is unlikely to materially affect PFC's operations or stock price. The vacancy will need to be filled by the Ministry of Power in due course as per government appointment norms.