PTC India Financial Services Limited has informed the Exchange regarding Resignation of Mr Naveen Bhushan Gupta as Independent Director of the company w.e.f. September 26, 2025.
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Three Independent Directors of PTC India Financial Services — 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 due to end on November 14, 2025, so they are exiting about seven weeks ahead of schedule. No specific reason for the early resignation has been disclosed in the filing. The MD&CEO and Company Secretary continue in their roles, and the company has not yet announced replacement appointments.
While the exits are technically pre-term, they are close to the natural end of the directors' tenure, so the immediate financial impact is likely limited. However, the simultaneous resignation of the entire independent director cohort may raise brief governance-related concerns among investors until new independent directors are appointed.