PTC India Financial Services Limited intimated about the approval of the appointment of Sh. Mahendra Lodha, (DIN no. 01295859) as a Director (Finance) and CFO of the Company which had to take effect on the date of his joining.

PTC India Financial Services Limited informed that Mr. Mahendra Lodha has joined the Company as Director (Finance) & CFO with effect from June 14, 2023. Consequently, Mr. Sanjay Rustagi ceases to be a Chief Financial Officer (CFO) of the Company with immediate effect. Sh.

Mahendra Lodha is a Chartered Accountant & Company Secretary and has over three decades of rich experience in Private Equity /Venture Capital /Alternative investment Funds /Fund of Funds (PE /VC /AIF /FOF), Investment banking, Project Finance primarily focused for MSME's in India. He has proven track record in managing venture capital funds, successful investments in diverse sectors and profitable exits. Before joining PFS, he was working as a Chief Executive Officer of SIDBI Venture Capital Limited (SVCL).