PTC India announces the resignation of Independent Director, Arabandi Venu Prasad, effective November 13, 2025. Mr. Prasad resigned due to his appointment as Member (Technical) of the GST Appellate Tribunal, a full-time engagement. The company has confirmed that there are no other reasons for his resignation.
Director Resignation
PTC India has announced the resignation of Arabandi Venu Prasad, Independent Director, from the Board of Directors. The resignation is effective from November 13, 2025.
Reason for Resignation
Mr. Prasad’s resignation is due to his appointment as a Member (Technical) of the GST Appellate Tribunal. This new position requires a full-time commitment, making it impossible for him to continue serving as an Independent Director for the company.
Confirmation of No Other Reasons
The company confirms that Mr. Prasad has stated that there are no other material reasons for his resignation beyond his new appointment.
Source: BSE
