PTC India Limited has formally announced the completion of tenure for three independent directors, marking a significant board transition for the power trading company. The company informed stock exchanges on April 13, 2026, about the cessation of directorship for key independent board members through official regulatory disclosure.

Board Transition Details

The tenure of three independent directors concluded on April 12, 2026, with their cessation from the board taking effect from April 13, 2026. The directors who completed their terms include Dr. Jayant Dasgupta, Smt. Rashmi Verma, and Shri Narendra Kumar, all of whom also ceased to be members of various board committees.

Regulatory Compliance and Documentation

The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided detailed information as required under Schedule III of the SEBI Listing Regulations, ensuring full compliance with regulatory requirements including reference to SEBI Master Circular Number SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

The formal communication was signed by Rajiv Maheshwari, Company Secretary (FCS-4998), and sent to both BSE Limited (Scrip Code: 532524) and National Stock Exchange of India Limited (Company Code: PTC). The announcement was made from the company's registered office at NBCC Tower, Bhikaji Cama Place, New Delhi.

Corporate Governance Impact

The completion of tenure for these independent directors represents a natural transition in the company's board composition. As independent directors, they played crucial roles in corporate governance, providing independent oversight and guidance to the company's management and operations.

The company has indicated that the information regarding this board transition is also available on its official website at www.ptcindia.com , ensuring transparency and accessibility for all stakeholders. This disclosure demonstrates PTC India Limited's commitment to maintaining proper corporate governance standards and regulatory compliance in accordance with SEBI guidelines.

PTC India Limited has published newspaper advertisements regarding the special window for transfer and dematerialization of physical securities, following SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026. This regulatory compliance activity expands beyond the company's earlier quarterly compliance certificate filing.

Regulatory Advertisement Publication

The company submitted copies of newspaper advertisements published in Business Standard (Hindi and English) on April 7, 2026, to both BSE Limited and National Stock Exchange of India Limited. The submission was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Special Window for Physical Securities

The advertisements inform shareholders about a one-year special window from February 5, 2026, to February 4, 2027, for transfer and dematerialization of physical securities sold/purchased prior to April 1, 2019. This window is also available for transfer requests previously rejected, returned, or unattended due to documentation deficiencies.

Key provisions of the special window include:

• Securities transferred will be mandatorily credited in demat mode
• One-year lock-in period from transfer registration date
• No transfer, lien-marking, or pledging during lock-in period
• Original security certificates and necessary documents required
• Disputes between transferor and transferee not considered
• IEPF-transferred securities excluded from this window

Shareholder Contact Information

Eligible shareholders can contact the company's Registrar and Share Transfer Agent, MCS Share Transfer Agent Limited, at 179-180, DSIDC Shed, 3rd Floor, Okhla Industrial Area, Phase-1, New Delhi-110020, or via email at helpdesk@mcregistrars.com . Direct company contact is available at cs@ptcindia.com .

This publication demonstrates PTC India's commitment to regulatory compliance and shareholder communication, ensuring all stakeholders are informed about available opportunities for physical securities transfer and dematerialization.