Postal ballot to appoint Rajiv Malhotra as interim MD&CEO

Ceo ResignedCeo Appointed ExternalManagement Changes View source PDF Explain this filing

PFS · price

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Price reactionminutes from the announcement price · days from the prior close

-0.1%Reaction day

₹30.85

prior close

₹30.98

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.0%-0.1% vs market

Non Banking Financial Company (NBFC) peers, median of 210sector+0.0%-0.2% vs sector

On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and 0.2 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.4

10m

-0.5

15m

-0.8

30m

-0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.1-0.0-0.1+0.0-0.2

Next day

+0.9-2.0+2.8-0.7+1.6

+2.1-0.1+2.2-0.1+2.2

-0.8-1.6+0.8-0.8-0.1

-3.2-2.7-0.5-1.3-1.9

-1.6+0.3-1.9+0.0-1.6

+1.3+2.6-1.3+1.2+0.1

15d

+1.8+4.2-2.3+0.4+1.4

-0.6+6.2-6.7+1.2-1.7

-5.9+8.6-14.6+0.4-6.3

-11.1+11.2-22.3+2.2-13.2

UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 210Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

PFS seeks shareholder approval via postal ballot to appoint Shri Rajiv Malhotra as MD&CEO (Addl. Charge) from 1st July to 30th November 2026. This follows resignation of current MD&CEO Shri R. Balaji effective 30th June 2026 due to personal reasons. Malhotra is Executive Director and Chief Risk Officer at parent PTC India Ltd, will receive no pay from PFS. E-voting runs 7th June to 6th July 2026.

Likely market impact

Leadership change at top. Current MD&CEO R. Balaji resigns; Rajiv Malhotra from parent PTC takes interim charge until 30 Nov 2026.