PTC India Financial Services Limited has submitted the Exchange a copy of Srutinizers report of Postal Ballot along with a copy of minutes.
PFS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
PTC India Financial Services Limited has announced the results of its postal ballot conducted via remote e-voting from May 7 to June 5, 2025. Shareholders approved two ordinary resolutions with overwhelming majority: (1) appointment of Dr. Manoj Kumar Jhawar as Non-Executive Nominee Director, passed with 99.91% votes in favour (45.28 crore shares for, 4.20 lakh against); and (2) appointment of Shri Dilip Srivastava as Whole-time Director (Finance) along with his remuneration, passed with 99.91% votes in favour (45.28 crore shares for, 4.20 lakh against). Out of 64.23 crore total shares, 70.57% were polled. The scrutinizer (Rohit Parmar & Associates, Practicing Company Secretaries) confirmed the e-voting was conducted fairly and transparently. The results have also been uploaded on the company's website and on the KFin Technologies e-voting portal.
Both director appointments are now formally confirmed with near-unanimous shareholder support, indicating strong investor confidence in the board composition. The high approval percentage (over 99.9%) signals no governance concerns from shareholders regarding these appointments. No material impact on stock price is expected from this routine corporate action.