Get latest articles and stories on Latest News at LatestLY. Shares of PTC India Financial Services slumped over 19 per cent in early trade on Thursday after all three independent directors on the company s board resigned over corporate governance issues and other matters. Latest News | PTC India Financial Slumps over 19 Pc After Resignation of All 3 Independent Directors.
Shares of PTC India Financial Services Ltd fell nearly 19% in morning trade on Thursday following the resignation of three independent directors (IDs) over severe governance lapses and compliance in the state-run company, especially by its managing director (MD) and chief executive officer (CEO) Pawan Singh.
Shares of PTC India Financial Services declined around 18 per cent in early trade as company announced that three of its independent directors have resigned from their posts with immediate effect.