PTC India Financial Services Limited has informed the Exchange regarding Change in Director(s) of the company.
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PTC India Financial Services Limited announced two board changes effective 10th June 2025. Shri Pankaj Goel ceased to be a Director after PTC India Limited (the holding company) withdrew his nomination. Simultaneously, the Board appointed Shri Sanjeev Kumar as Additional Director designated as Director (Operations) in the Key Managerial Personnel category, for a term of 5 years or until his superannuation, whichever is earlier. Sanjeev Kumar brings over 30 years of experience in banking and finance, having previously served as CEO of IIFCL Projects Limited and held senior roles at SBI, ICICI Bank, NHAI, and IIFCL. He is a qualified Cost Accountant and certified banking professional.
This is a routine board reshuffle with one nominee director exiting (replaced at the behest of the parent) and a seasoned banking/infra-finance professional joining as a KMP. Shareholders should note the management continuity is preserved, and the new Director (Operations) strengthens operational and lending expertise. No immediate material impact on stock price is expected from these changes.