PTC India Financial Services Limited has successfully concluded its postal ballot process for appointing two Independent Directors, with shareholders demonstrating overwhelming support through remote e-voting. The company announced the voting results on January 2, 2026, following completion of the e-voting period that commenced on December 4, 2025.

Postal Ballot Results Overview

Both special resolutions received exceptional approval rates from the shareholder community, reflecting strong confidence in the proposed appointments.

Voting Participation Statistics

The remote e-voting process was conducted over a month-long period, concluding at 5:00 PM on January 2, 2026. Out of 1,46,981 total shareholders on the record date of November 27, 2025, a total of 451 shareholders participated in the voting process.

Detailed Voting Results by Category

Smt. Mini Ipe Appointment Results

The appointment of Smt. Mini Ipe as Independent Director received strong cross-category support, with promoters providing unanimous backing.

Smt. Rashmi Verma Appointment Results

The second resolution achieved even higher approval, with 99.94% of votes cast in favor of Smt. Rashmi Verma's appointment.

Regulatory Compliance and Process

The postal ballot was conducted in full compliance with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Rohit Parmar & Associates, Company Secretaries, served as the appointed scrutinizer, ensuring fair and transparent voting procedures. The company published advertisements in both English and Hindi newspapers on December 4, 2025, notifying eligible members about the postal ballot notice.

The voting results have been uploaded on the company's website at www.ptcfinancial.com and on KFin Technologies Limited's e-voting platform. Both appointments are effective from January 2, 2026, marking the conclusion of the remote e-voting period. The scrutinizer's report confirmed that all procedural requirements were met and the process was conducted transparently.

PTC India Financial Services Limited has officially announced the appointment of Shri Pikkili Ramana Murthy as Additional Director in the capacity of Independent Director. The company's Board of Directors approved this appointment in their meeting held on December 19, 2025, following the recommendation of the Nomination and Remuneration Committee.

Board Meeting Details and Appointment Terms

The board meeting commenced at 2:30 PM and concluded at 5:00 PM on December 19, 2025, resulting in the formal approval of the new directorship appointment.

Professional Background and Banking Expertise

Shri Pikkili Ramana Murthy brings over 32 years of extensive experience in the banking industry to his new role. He holds a Bachelor's degree in Agriculture and is a certified associate member of the Indian Institute of Bankers.

His distinguished banking career began at Allahabad Bank as an Agriculture Officer, where he gained comprehensive experience across diverse geographical locations including Metro, Urban, Semi-Urban, and Rural areas. During his tenure at Allahabad Bank, he served in various capacities including Zonal Head of Rajasthan Zone and Field General Manager, South at Hyderabad.

Senior Executive Positions

Shri Murthy has held several key leadership positions throughout his career, demonstrating his expertise in financial services management.

Central Bank of India

As Executive Director at Central Bank of India, he successfully managed multiple divisions and served as a member of various Board Sub-Committees including Audit Committee, Operational Risk Management Committee, Credit Risk Management Committee, and HR Committee.

Other Notable Positions

• Additional Director at New India Assurance: Contributed to successful capital raising through IPO
• Non-Executive Chairman at Cent Bank Home Finance: Led the NBFC for Home Finance
• Current Appointments: Serving as Independent Director in two other companies

Educational Qualifications and Professional Development

Shri Murthy has undergone comprehensive management development programs at prestigious institutions to enhance his leadership capabilities.

Regulatory Compliance and Corporate Governance

The appointment has been made in strict adherence to corporate governance practices and regulatory requirements. The company has confirmed that Shri Murthy is not debarred from holding the office of Director by virtue of any SEBI order or any other authority. Additionally, he is not related to any other Director or Key Managerial Personnel of the company.

This announcement has been made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication is available on the company's website at www.ptcfinancial.com and has been filed with both BSE Limited and National Stock Exchange of India Limited.