PTC India Defers Board Meeting Due to PFS Financial Results
By Rediff Money Desk, New Delhi May 29, 2024 16:30
PTC India has postponed its board meeting scheduled for May 30th due to the unavailability of financial results from its subsidiary, PTC India Financial Services (PFS).
![PTC India Defers Board Meeting Due to PFS Financial Results](https://im.rediff.com/money/2017/mar/29power.jpg)
New Delhi, May 29 (PTI) Power trading solution provider PTC India on Wednesday said it has deferred its May 30 board meeting due to non-availability of financial results of subsidiary PFS.
PTC India Financial Services (PFS), in which the company holds 64.99 per cent stake, is registered with RBI as a Non-Banking Financial Company (NBFC), a regulatory filing said.
The company will submit its financial results in due course and date of the board meeting will be intimated separately, it stated.
"Board meeting proposed on May 30th, 2024 for consideration of ‘approval of standalone and consolidated Financial Results of PTC India for the quarter and year ended March 31, 2024, including recommendation for final dividend for FY23-24 has been deferred on account of non-availability of financial results of PFS," the filing added.
PTC India Financial Services (PFS), in which the company holds 64.99 per cent stake, is registered with RBI as a Non-Banking Financial Company (NBFC), a regulatory filing said.
The company will submit its financial results in due course and date of the board meeting will be intimated separately, it stated.
"Board meeting proposed on May 30th, 2024 for consideration of ‘approval of standalone and consolidated Financial Results of PTC India for the quarter and year ended March 31, 2024, including recommendation for final dividend for FY23-24 has been deferred on account of non-availability of financial results of PFS," the filing added.
Source: PTI
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- GTL Infrastructure
- 2.93 ( -4.87)
- 226206286
- IFL Enterprises
- 1.30 (+ 4.84)
- 81461564
- Vodafone Idea L
- 16.79 (+ 0.66)
- 67447398
- NCL Research
- 0.95 ( -4.04)
- 31996628
- Franklin Industries
- 3.73 (+ 3.32)
- 21511209
MORE NEWS
![Navi Mumbai...](https://im.rediff.com/80-80/money/2021/jun/10navi-mumbai-airport7.jpg)
Navi Mumbai Airport ILS Signal Testing Begins
The Airports Authority of India (AAI) has begun ILS signal testing at the...
![Air India VRS for...](https://im.rediff.com/80-80/money/2020/sep/09tata-vistara-3.jpg)
Air India VRS for Non-Flying Staff Ahead of...
Air India has announced a voluntary retirement scheme (VRS) and voluntary separation...
Fisher Groups Oppose WTO Fisheries Subsidy Talks
Small-scale fisher groups from India, Indonesia, and Bangladesh demand WTO keep...