PTC India Financial Services Limited — Others, 12-12-2024: Security Cover Certificate

PTC India Financial Services Ltd. has issued a Security Coverage Certificate as of September 30, 2024, certifying a security cover of 1.91 times for the amount borrowed via Non-Convertible Debentures (NCDs) and 1.58 times for Infrabonds. This indicates strong asset backing for the company's debt obligations, enhancing financial stability and lowering risk for investors. The audit confirms that all financial figures align with the unaudited financial results for the half-year, bolstering investor confidence. Overall, this provides a positive outlook for the company’s financial health and reassures stakeholders about risk management practices.