Rajib Kumar Mishra ceased to be chairman of PTC India Financial Services Ltd (PFS) and CMD of PTC India Ltd following an order by Sebi. Mishra held office as chairman and non-executive director in PFS and as Chairman & Managing Director of PTC India Ltd. Sebi prohibited Pawan Singh from holding the post of director in any listed company for two years and imposed a penalty of Rs 25 lakh on him for corporate governance lapses at PFS. Read The Rest at :
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