PTC India Financial Services Limited has informed the Exchange regarding Resignation of Mrs PV Bharathi as Independent Director of the company w.e.f. September 26, 2025.
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PTC India Financial Services Limited has informed the stock exchanges that three Independent Directors — Smt. Seema Bahuguna, Shri Naveen Bhushan Gupta, and Smt. PV Bharathi — have resigned from the Board with immediate effect from September 26, 2025. Their original tenure was scheduled to end on November 14, 2025, meaning they stepped down roughly six weeks early. The filing, made under SEBI Listing Regulations, lists resignation as the reason and does not provide further explanation. All three cessations were disclosed in a single intimation signed by the Company Secretary and the MD&CEO.
The simultaneous exit of three independent directors ahead of their term end may raise governance questions for shareholders, as the board loses a significant portion of its independent oversight. Investors should watch for the company's next steps to fill these vacancies and any further communication explaining the early resignations.