PTC India Limited announced that Rajiv Kumar Rohilla ceased to hold office as a director effective October 15, 2026. The cessation follows the withdrawal of his nomination by Power Grid Corporation of India Ltd. (POWERGRID), which holds a stake in the power trading company.

Rohilla served as the nominee director representing POWERGRID on the board. His departure is administrative in nature, stemming from the nominating entity's decision to withdraw the nomination rather than any personal resignation or removal for cause.

Board succession plan

The company stated that a new nominee from POWERGRID will be appointed to the board shortly. This ensures continuity in representation for the major shareholder on the PTC India board. The disclosure was made under Regulation 30 of the SEBI Listing Regulations, ensuring timely information dissemination to stock exchanges and investors.

Disclosure details

The following table outlines the specific details of the director's cessation as reported in the regulatory filing:

The filing confirms that no other material changes regarding relationships between directors or other statutory disclosures were applicable at the time of this announcement.

PTC India Limited held its 27th Annual General Meeting on September 30, 2026 at 12:30 pm via video conferencing, with all five resolutions put to vote passed by shareholders with requisite majority.

The AGM notice was dated August 31, 2026. Remote e-voting was open from September 27, 2026 (9:00 am) to September 29, 2026 (5:00 pm), with an additional e-voting facility provided at the AGM for members who had not cast their votes earlier. The cut-off date for determining voting entitlements was September 23, 2026, on which date the total number of shareholders stood at 292426. National Securities Depository Limited (NSDL) served as the e-voting agency. CS Ashish Kapoor of M/s. Ashish Kapoor & Associates, Practicing Company Secretaries, was appointed as the Scrutinizer, and submitted his consolidated report on October 1, 2026.

AGM attendance

A total of 175 shareholders attended the meeting through video conferencing, representing 24432617 shares or 8.26% of total paid-up capital. The breakdown by category is as follows:

Resolution-wise voting results

All five ordinary resolutions were passed. The consolidated voting outcomes, as per the Scrutinizer's report, are summarised below:

Resolution 3 pertained to a final dividend of Rs. 5.5 per share for the financial year ended March 31, 2026, and was approved with 99.99% votes in favour. Resolution 4, concerning the re-appointment of Sh. Rajiv Kumar Rohilla, recorded the narrowest margin of approval at 56.53% in favour and 43.47% against, with the promoter and promoter group being noted as interested in this agenda item.

Detailed vote counts

The total shares held across all categories stood at 296008321. The table below captures total votes polled and valid votes for each resolution:

Voting mode

All resolutions were voted upon through two modes:

• Remote e-voting (open from September 27, 2026 to September 29, 2026)
• E-voting at the AGM for members who did not participate in remote e-voting

Votes were unblocked on September 30, 2026 at around 1:45 pm, 15 minutes after the conclusion of the AGM, in the presence of two independent witnesses. The voting results and the Scrutinizer's report have been uploaded on the company's website at www.ptcindia.com and on NSDL's website at www.evoting.nsdl.com . The declaration of results was signed by Sh. Sukhdev Singh (DIN: 03288811), Chairman, PTC India Ltd., on October 1, 2026 at New Delhi.