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PTC India Fin Services ind directors' charges aim to malign firm: PTC chief

PTC India, which holds 64.99% in PFS as promoter, has already formed an internal panel consisting of executive directors and chief financial officer to probe changes

Should investors at PTC India Financial be worried?
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Abhijit Lele Mumbai
The charges levelled against PTC India Financial Services (PFS) of alleged lapses in corporate governance by its former three independent directors was an attempt to malign the company, said Rajib K Mishra, CMD In-charge of PTC India Ltd.

PTC India, which holds 64.99 per cent stake in PFS as promoter, has already formed an internal panel consisting of executive directors and chief financial officer to probe changes. It was also open to engaging external agency to ensure impartial probe. It is engaged with regulators including Reserve Bank of India and would also submit report to RBI, he said.

Mishra, who is non-executive

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First Published: Jan 21 2022 | 9:16 PM IST

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