Announced Wed, 1 Jul · 14:31 IST

MDandCEO R Balaji exits, Rajiv Malhotra takes additional charge

Ceo ResignedManagement Changes View source PDF

PFS · 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
-0.2%1-day move
₹31.28
prior close
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2-0.4-1.9-2.2-2.0-1.8-5.8
Up moveDown movePending
AI summary

PTC India Financial Services announced that MDandCEO Shri R Balaji ceased to hold office on 30th June 2026 and has been relieved from services. Shri Rajiv Malhotra, previously a Nominee Director of parent PTC India, has been re-designated as MDandCEO (Additional Charge) effective 1st July 2026. The transition follows earlier communications dated 30th March and 4th June 2026.

Likely market impact

Continuity maintained with internal appointee as additional charge CEO. Investors should watch for a permanent CEO appointment in coming months.