PTC India shareholders approve appointment of Rajib Kumar Mishra as CMD

PTC India shareholders have approved the appointment of Rajib Kumar Mishra as the company’s Chairman and Managing Director with requisite majority votes.

According to a regulatory filing, shareholders approved an ordinary resolution to appoint Mishra as Chairman and Managing Director (CMD) at the seventh Extra Ordinary General Meeting (EGM) held on June 28.

As per the voting result, 77.71 per cent of votes were in favour of the ordinary resolution and 22.29 per cent against the proposal.

Mishra has been appointed as the CMD in PTC India with effect from March 29, 2023.