PTC India Limited informed that SEBI has issued an Order bearing No. WTM/ASB/CFD/CFD-SEC-2/30416/2024-25 dated June 12, 2024 under Section 11(1), 11(4), 11(4A), 11B(1) and 11B(2) of the SEBI Act, 1992 read with Rule 5 of SEBI (Procedure for Holding Inquiry and imposing Penalties) Rules, 1995 to Dr. Rajib Kumar Mishra, Chairman & Managing Director of PTC India Limited in his capacity as Non-Executive Chairman of PTC India Financial Services Limited (subsidiary of PTC India Ltd.). As per above regulatory Order issued by SEBI, Dr. Rajib Kumar Mishra has been restrained from holding any position of Director or Key Managerial Personnel in any listed company or any intermediary registered with SEBI, or associating himself with any listed public company or a public company which intends to raise money from the public or any intermediary registered with SEBI, in any capacity, for a period of six (6) months from the date of the said Order and consequently, he cease his position in PTC India Ltd. with effect from date of order.

Date of cessation is June 12, 2024.