PTC India Limited — Others, 26-04-2025: Appointment

PTC India Limited has announced a board meeting where the Board appointed Dr. Manoj Kumar Jhawar as the Chairman & Managing Director, effective immediately, with a term until he reaches retirement age at 60. Additionally, the Board agreed to an interim dividend of 50% (₹5 per equity share) for FY 2024-2025, with May 5 set as the record date for eligibility.

This leadership change could enhance operational continuity, given Dr. Jhawar's extensive experience in the power sector. The interim dividend may materially boost shareholder confidence, signaling ongoing financial stability and shareholder value focus. Overall, this development paints a favorable picture for investors, suggesting a positive outlook for PTC India.