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PTC India LimitedImportant, 26-04-2025: General Updates

26-04-2025 | 02:29 pm

The Board of Directors of PTC India Limited has appointed Dr. Manoj Kumar Jhawar as Chairman & Managing Director, effective immediately, with a term until his superannuation at age 60. Dr. Jhawar brings over 30 years of experience in the power distribution sector, specializing in finance, operations, and project management.

Additionally, the Board approved an interim dividend of 50%, amounting to ₹5 per equity share of ₹10 each for the financial year 2024-2025. The record date for this dividend has been set for May 5, 2025. This dividend payment, along with the leadership transition, enhances PTC's positioning and reflects a commitment to shareholder returns, indicating a positive outlook for both operational stability and investor confidence amidst ongoing market developments.

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