PTC India Financial shares rallied on the back of a healthy set of numbers in the September quarter of financial year 2026 (Q2FY26).
Power trading solutions provider PTC India on Saturday announced appointment of Manoj Kumar Jhawar as Chairman & Managing Director of the company. Manoj Kumar Jhawar joined PTC Board as Whole time Director designated as Director (Commercial & Operations) on January 18, 2024, a regulatory filing said. He was given additional responsibilities of the post of CMD (PTC) from 13th June, 2024, till further orders. The Board of Directors of PTC India at its meeting held on Saturday i.e. 26th April, 2025 considered and approved appointment of Manoj Kumar Jhawar as Chairman & Managing Director of the company with effect from date of his joining subject to the Articles of Association of the Company, the filing stated. The term of his appointment shall be till the date of attaining the age of superannuation i.e. 60 years. Jhawar, 56, is Ph.D (Management Sciences) from Devi Ahilya University, Indore. He graduated in Mechanical Engineering from Government Engineering College, Ujjain and
Power trading solutions provider PTC India has appointed three retired officers of the Indian Administrative Service (IAS) as independent directors of the company. The company has also appointed Mahendra Kumar Gupta as a nominee director of NHPC. In a statement, PTC India informed about the appointments of Rashmi Verma, Jayant Dasgupta and Narendra Kumar as independent directors of the company with effect from Thursday. The appointments are subject to the approval of the shareholders, it stated. Rajib K Mishra, Chairman & Managing Director, PTC India, said: "We are delighted to welcome the three new independent directors having credible experience and impeccable career record." Rashmi Verma, a former IAS officer from 1982 batch, has 36 years of experience in various sectors, including tourism and textiles. In over 37 years of experience, Dasgupta, a 1981-batch retired IAS officer, has served as chief adviser to Bihar State Planning Board and ambassador to the World Trade ...
The firm was accused of lapses in corporate governance by four independent directors, who resigned last week
The company on Tuesday reported a 65 per cent jump in its net profit
Six out of eight analysts polled on Bloomberg maintain their 'buy' recommendation on PFS after the quarterly results, with a target price of Rs 55