PTC India Limited — Important, 04-03-2025: General Updates

PTC India Limited has completed the divestment of its entire 100% stake in PTC Energy Limited to ONGC Green Limited. Following this transaction, PTC Energy Limited will no longer be a subsidiary of PTC India. The sale, valued at INR 925 Crores, constitutes approximately 2% of PTC's consolidated turnover and 14.6% of its net worth for the last financial year. Notably, ONGC Green Limited does not fall under PTC’s promoter group. This strategic move could enhance PTC’s operational focus and might be viewed positively by investors, indicating potential for future growth opportunities.