PTC India Limited has informed the Exchange that Board of Directors of PTC in their meeting held on 15th May 2026 has appointed Sh. Umesh Kumar Nand (DIN: 11471412) as Non-Executive Nominee Director of NHPC Ltd. on the Board of PTC w.e.f. 15th May 2026, as per attached intimation.
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PTC India Limited's Board appointed Sh. Umesh Kumar Nand as a Non-Executive Nominee Director representing NHPC Ltd. on the company's board, effective 15th May 2026. Nand is an Executive Director at NHPC with over 30 years of experience in hydro electric power, including commissioning and operations of multiple power stations. The appointment was made at a board meeting that lasted 40 minutes. The disclosure confirms Nand is not related to any existing directors and is not debarred from holding a director position. NHPC, a central government power utility, is nominating its executive to PTC's board.
Nominee director appointments typically reflect strategic or commercial relationships between companies. This appointment may strengthen coordination between PTC and NHPC but is unlikely to have any immediate impact on PTC's stock price.