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Exclusive|PFS Chairman Mishra did not act in shareholder interest: SEBI moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.
PTC India Financial crisis brings governance at NBFCs to fore financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
PFS, which has been battling allegations of corporate governance lapses, has in the past year and a half seen resignations by several independent directors and got show-causes notices from both the stock market and banking regulators. ....
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. ....