PTC India Financial Services Appoints Richa Goyal as Head of Internal Audit
PTC India Financial Services Limited appointed Richa Goyal as Head of Internal Audit and Senior Management Personnel effective February 17, 2026, replacing Sanjay Rustagi who held the interim position since December 1, 2024. Goyal, a Chartered Accountant with 10 years of experience at reputed banks and 2.5 years with the company's Internal Audit Team, brings substantial expertise to the role. The Board also modified the materiality determination policy, authorizing five Key Managerial Personnel to determine event materiality and make stock exchange disclosures with MD&CEO approval.
*this image is generated using AI for illustrative purposes only.
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 Changes
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.
| Parameter: | Details |
|---|---|
| New Appointee: | Richa Goyal |
| Position: | Head of Internal Audit & Senior Management Personnel |
| Effective Date: | February 17, 2026 |
| Previous Interim Head: | Sanjay Rustagi |
| Interim Period: | December 1, 2024 to February 17, 2026 |
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:
| Sr. No. | Name | Designation |
|---|---|---|
| 1. | R. Balaji | MD&CEO |
| 2. | Dilip Srivastava | Director (Finance) & CFO |
| 3. | Sanjeev Kumar | Director (Operations) |
| 4. | Manohar Balwani | Company Secretary and Compliance Officer |
| 5. | Devesh Singh | Chief Risk Officer |
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.
Historical Stock Returns for PTC India Financial Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.12% | -3.27% | -0.30% | -14.16% | -4.98% | +81.72% |
16
