PTC India Financial Services, has appointed Mr. S. Siva Kumar as the Executive Director - Credit in a slew of new appointments aimed at pushing the company towards its aim of decent growth and value to its stakeholders.
Shares of PTC India Financial Services zoomed 20 per cent today after the firm said an independent audit issued "satisfactory report" after deeming that company maintained sufficient transparency. PTC India Financial Services stock touched an intraday high of Rs 16.42, rising 19.94 per cent on BSE.
The business operations of the company are found to be satisfactory, PFS said citing the unnamed ASM.Earlier in January, Sebi had asked PFS to address corporate governance and other issues raised by its former chairman and outgoing independent directors before holding its board meeting.Three independent directors Kamlesh Shivji Vikamsey, Santosh B Nayar and Thomas Mathew resigned en masse from the board of PFS citing corporate governance and other issues on January 19.
The legal tussle between Yes bank and Dish TV started in January when the latter moved the Bombay High Court seeking to prevent Yes Bank from voting at the EGM