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Management change

PTC Industries Rakesh Shukla as Non resigns

PTC Industries (NSE: PTCIL) said Rakesh Shukla as Non has resigned. The company is valued at about ₹36,132 crore.

BCEIE News Desk · Published 12 Nov 2026, 10:50 pm IST · Filing received 12 Nov 2026, 10:34 pm IST

What happened

PTC Industries (NSE: PTCIL) informed the stock exchanges on 12 November 2026 at 10:34 PM that Rakesh Shukla as Non has resigned.

From the filing: "PTC Industries Limited has informed the Exchange regarding Resignation of Mr Rakesh Shukla as Non- Executive Independent Director of the company w.e.f."

Company snapshot

PTC Industries is a mid-cap company in the Capital Goods sector, with a market value of about ₹36,132 crore.

The stock last traded at ₹24,100, against a 52-week range of ₹14,499–₹26,085 (7.6% below the high).

Before this filing the shares had moved +0.9% over the month and +30.9% over three months. Average daily turnover over the last 20 sessions was about ₹50.38 crore.

Promoters held 59.72% at the end of Q1 FY27; 0.07% of promoter shares were pledged. Foreign institutions owned 3.95% and domestic institutions 9.35%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY26975.23.44
Q2 FY2612518.112.1
Q3 FY2615618.412.25
Q4 FY2622559.939.96
Q1 FY2719229.219.47

What history shows

BCEIE has no earlier management change filing from this company on record since May 2026.

Across 272 similar disclosures by other Capital Goods companies, shares moved +0.3% on average the next day and +0.8% over five days; 54% of them rose the next day.

Market-wide, 4,544 management change filings with an impact score of 50 or more saw an average next-day move of −0.0%, with 46% rising.

Past reactions describe what happened before; they are not a forecast.

What to watch

  • The appointment of a successor and any change in strategy or guidance.
  • 14 November 2026: Board meeting — Financial Results.

In the news

Recent coverage elsewhere (links open the original publisher):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.

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