Approval of the Board for conduct of Postal Ballot seeking approval of shareholders
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The Board of Directors of PTC India Financial Services Ltd has approved seeking shareholder approval via Postal Ballot for the appointment of Shri Rajiv Malhotra (DIN: 02383396) as a Non-Executive Nominee Director representing PTC India Limited (the holding company). The appointment is effective from 8th April 2026. This filing follows an earlier communication dated 8th April 2026 and seeks retrospective shareholder ratification. Details regarding the process, timelines, and Notice of Postal Ballot will be shared subsequently.
Shareholders should note this postal ballot for ratifying a director appointment already in effect. This is routine corporate governance — the nomination comes from the parent company, which may signal continued parent-level oversight of the subsidiary's operations.