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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. ....
At present, there are three members on board of the PFC, Rajib Kumar Mishra (CMD of PTC India), Pankaj Goel (CFO PTC India) and PFS MD and CEO Pawan Singh. ....
PTC India has said that it will hold a board meeting on Saturday post the recent allegations raised by three independent directors on lapses in governance and operations at its financial lending unit PTC India Financial Services.Earlier this . ....