Key Resolution Details

Pursuant to Section 110 and Section 108 of the Companies Act, 2013, and Regulation 17(1C), 25, and 44 of the SEBI Listing Regulations, the company is seeking shareholder approval via a postal ballot with a single ordinary resolution:

  • Item No. 1: To appoint Shri Umesh Kumar Nand (DIN: 11471412) as a Non-Executive Nominee Director, representing NHPC Limited. He was initially appointed as an Additional Director by the board effective 15th May 2026. The resolution states his office shall be liable to retire by rotation.

Voting Process & Timeline

  • Cut-off Date for Voting Rights: Friday, 26th June 2026.
  • Voting Agency: National Securities Depository Limited (NSDL) has been engaged to provide the remote e-voting facility.
  • Voting Period: The remote e-voting commences on Wednesday, 1st July 2026, at 9:00 AM and will end on Thursday, 30th July 2026, at 5:00 PM.
  • Scrutinizer: Mr. Ashish Kapoor (FCS No. 8004, CP No. 7504), a Practicing Company Secretary, has been appointed to scrutinize the e-voting process.
  • Result Declaration: The scrutinizer will submit a report within two working days after the voting period ends. The results will be announced thereafter and displayed on the company's website (www.ptcindia.com), NSDL's website (www.evoting.nsdl.com), and communicated to BSE and NSE.
  • Deemed Passing Date: If passed, the resolution will be deemed effective on the last date of e-voting, i.e., 30th July 2026.

Communication Method

The Postal Ballot Notice is being sent only by email to all members whose email addresses are registered with the depositories/Depository Participants/the Company's RTA (MCS Share Transfer Agent Ltd.)/the Company as of the cut-off date (26th June 2026). Physical copies are not being dispatched.

Director Profile (Shri Umesh Kumar Nand)

  • DIN: 11471412
  • Date of Birth & Age: 2nd April 1970 (56 years)
  • Nationality: Indian
  • Current Position: Executive Director (Project Monitoring & Support Group) at NHPC Limited.
  • Qualifications: Electrical Engineering from MNNIT Allahabad; MBA from Sikkim Manipal University.
  • Experience: Over 30 years of experience in the hydroelectric power sector at NHPC, involving project commissioning and operations & maintenance at various power stations.
  • Shareholding: Holds no shares in PTC India Limited.
  • Other Directorships: Serves as a Nominee Director of NHPC Limited on the board of Bundelkhand Saur Urja Limited.
  • Remuneration: Will not receive any remuneration from PTC India Limited. Sitting fees for attending board/committee meetings will be paid to his nominating company, NHPC Limited.
  • Declarations Received: The company has received his consent (DIR-2), a declaration of non-disqualification (DIR-8), and a certificate confirming he is not debarred by SEBI or any other authority.

Financial Impact

No direct financial impact is disclosed. The appointment is non-executive, and the director will not receive remuneration from PTC India.

Availability of Documents

The Postal Ballot Notice and explanatory statement are available on the company's website (www.ptcindia.com), the websites of BSE (www.bseindia.com) and NSE (www.nseindia.com), and the NSDL e-voting website (https://www.evoting.nsdl.com).