PTC Industries Limited has informed the Exchange regarding a press release dated August 25, 2025, titled "PTC Industries Appoints Baljinder Singh Koura as Vice President Operations, Aerospace Castings at Aerolloy Technologies Limited".
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PTC Industries has appointed Baljinder Singh (Bal) Koura as Vice President – Operations, Aerospace Castings at its wholly-owned subsidiary Aerolloy Technologies Limited (ATL). Koura brings over 30 years of leadership experience in operations, manufacturing, and supply chain management, with prior senior roles at globally recognised aerospace firms including Rolls-Royce, GE Aviation, and Unipol Group. In his new role, he will lead operational excellence and scaling of ATL's aerospace castings business to meet growing global OEM demand. The appointment aligns with PTC's ongoing multi-million-dollar expansion of its Strategic Materials Technology Complex in Lucknow's Defence Industrial Corridor, targeting titanium and superalloy production for aerospace and defence applications.
This senior hire from top global aerospace companies strengthens PTC's leadership bench as it ramps up its aerospace and defence manufacturing ambitions. For shareholders, the move signals serious execution intent on the company's expansion plans, potentially improving credibility with international customers and partners.