PTC India addressed a fine levied by the BSE and NSE for non-compliance related to the composition of its Board of Directors. The matter was reviewed at a Board meeting on November 11, 2025. The Board acknowledged the non-compliance and the subsequent fine, which has been paid. The company has confirmed that the Board’s composition has been compliant since June 7, 2025.
Fine for Non-Compliance Addressed
PTC India has addressed concerns related to a fine imposed by both the BSE and NSE due to non-compliance concerning the composition of its Board. This announcement follows a previous letter dated August 30, 2025, which initially informed about the fine.
Board Review and Compliance
At a meeting held on November 11, 2025, the Board of Directors reviewed the matter. The company acknowledged the non-compliance issues and the corresponding fine levied by the Exchanges, confirming that the fine has been settled.
The Board has confirmed that the composition of the Board has been compliant with regulations effective June 7, 2025.
Source: BSE
