PTC India Financial Services had announced the resignation letters of three of its independent directors (Photo: Unsplash) Show Quick Read Summary is AI Generated. Newsroom Reviewed

PTC India Financial Services Ltd. has issued a clarification to the stock exchanges following queries over the recent resignations of three Independent Directors on Tuesday, Sept. 30.

Independent Directors Seema Bahuguna, Naveen Bhushan Gupta and PV Bharathi had handed in letters of resignation, the company had informed the bourses on Sunday. The letters were all identical, with a similar paragraph as reason for resignation.

The company said it was "surprised" by the resignations and the reasons cited, noting that during the company's meeting on June 4, 2025, no such grievances were raised. On the contr

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