PTC India Financial Services has successfully completed its postal ballot process for the appointment of Shri P Ramana Murthy as an Independent Director, with shareholders demonstrating overwhelming support through the remote e-voting mechanism. The company formally communicated the results to stock exchanges on February 27, 2026, in compliance with SEBI regulations.

Voting Results and Shareholder Participation

The postal ballot concluded on February 26, 2026, with significant shareholder participation across all categories. The voting results demonstrate strong confidence in the proposed appointment:

The voting process achieved a participation rate of 70.28% of outstanding shares, with 45,13,88,657 shares casting valid votes. The resolution secured 99.99% approval, with only 33,842 votes against the appointment.

E-Voting Process and Regulatory Compliance

The company conducted the postal ballot exclusively through remote e-voting, adhering to regulatory guidelines under Sections 108 and 110 of the Companies Act, 2013. The process details include:

The company published advertisements in both English and vernacular newspapers on January 28, 2026, ensuring proper communication to all eligible members about the postal ballot notice.

Scrutinizer's Report and Official Oversight

Rohit Parmar of Rohit Parmar & Associates, appointed as the scrutinizer, supervised the entire voting process and submitted the official scrutinizer's report. The report confirmed compliance with:

• Companies Act, 2013 and related rules
• SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
• MCA General Circulars and Secretarial Standards
• Secretarial Standard-2 on General Meetings

The voting process was unblocked on February 26, 2026, after 5:00 PM in the presence of two independent witnesses, Mr. Rajeev Singh and Mr. Lovenish Singh, ensuring the integrity of the results.

Resolution Details and Board Strengthening

The special resolution focused on the appointment of Shri P Ramana Murthy (DIN:07815852) as an Independent Director of the company. The appointment strengthens the board's independent oversight capabilities and aligns with corporate governance requirements:

The resolution was deemed passed on February 26, 2026, being the last date of the remote e-voting period. The company has uploaded the detailed voting results on its website at www.ptcfinancial.com and on KFin Technologies' e-voting platform for transparency and stakeholder access.

PTC India Financial Services Limited announced significant organizational changes following its Board of Directors meeting held on February 17, 2026. The meeting, which commenced at 10:30 A.M. and concluded at 2:20 P.M., resulted in key appointments and policy modifications as disclosed under Regulation 30 of the SEBI Listing Regulations.

Key Leadership Appointments

The Board approved the appointment of Richa Goyal as Head of Internal Audit (HIA) and designated her as Senior Management Personnel of the Company with immediate effect from February 17, 2026. This appointment replaces Sanjay Rustagi, who had been holding the charge of HIA for the interim period since December 1, 2024.

Consequent to this appointment, Sanjay Rustagi ceased to be Senior Management Personnel of the Company with immediate effect from February 17, 2026. However, he continues to remain in the employment of the Company.

Professional Background

Richa Goyal brings substantial experience to her new role. She is a Chartered Accountant and CAIIB with approximately 10 years of overall experience in reputed organizations including Yes Bank, Syndicate Bank, and HDFC Bank. She has been part of the Internal Audit Team at PTC India Financial Services for the past 2.5 years, providing her with deep institutional knowledge.

Policy Modifications

The Board also approved modifications to the Policy on Determination of Materiality of Events and Information for making Disclosures by the Company. Under the revised policy, the following Key Managerial Personnel are authorized to determine materiality of events or information with the approval of MD&CEO and make disclosures to stock exchanges:

Contact Information

Pursuant to Regulation 30(5) of the SEBI Listing Regulations, Manohar Balwani, Company Secretary and Compliance Officer, serves as the single point of contact for disclosure-related matters. He can be reached at manohar.balwani@ptcfinancial.com or +91 1126737492 at the company's registered office located at 7th Floor, Telephone Exchange Building, 8, Bhikaji Cama Place, New Delhi- 110066.