Top execs of PTC India Finance responsible for governance lapses: Sebi

Top execs of PTC India Finance responsible for governance lapses: Sebi

ETCFO: The Securities and Exchange Board of India (Sebi) has found PTC India Financial Services‘ top officials – Chairman Rajib Mishra and Pawan Singh, MD and CEO -responsible for corporate governance lapses in its probe. “…the MD and CEO (Pawan Singh) being in the executive position and in control of the daily affairs of the … Read more

PFS board approves sanctioning of Rs 800 crore as loan

PFS board approves sanctioning of Rs 800 crore as loan

PTC India Financial Services Limited (PFS) on Friday said its board has approved a proposal to sanction Rs 800 crore as loan to borrowers. PFS is a non-banking finance company promoted by PTC India Limited. A “board meeting dated December 9, 2022 (Friday) sanctioned additional loans of Rs 800 crore to various borrowers,” the company … Read more