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Business Standard
26-04-2025
- Business
- Business Standard
PTC India appoints Manoj Kumar Jhawar as Chairman, Managing Director
Power trading solutions provider PTC India on Saturday announced appointment of Manoj Kumar Jhawar as Chairman & Managing Director of the company. Manoj Kumar Jhawar joined PTC Board as Whole time Director designated as Director (Commercial & Operations) on January 18, 2024, a regulatory filing said. He was given additional responsibilities of the post of CMD (PTC) from 13th June, 2024, till further orders. The Board of Directors of PTC India at its meeting held on Saturday i.e. 26th April, 2025 considered and approved appointment of Manoj Kumar Jhawar as Chairman & Managing Director of the company with effect from date of his joining subject to the Articles of Association of the Company, the filing stated. The term of his appointment shall be till the date of attaining the age of superannuation i.e. 60 years. Jhawar, 56, is Ph.D (Management Sciences) from Devi Ahilya University, Indore. He graduated in Mechanical Engineering from Government Engineering College, Ujjain and did his Masters in Industrial Engineering & Management from Devi Ahilya University, Indore. He is a qualified Cost Accountant from ICAI. The PTC India board also approved payment of interim dividend at the rate of 50 per cent (Rs. 5/- per equity shares of Rs. 10/- each) for financial year 2024-2025. The board has fixed May 5, 2025, as the "Record Date" for the purpose of ascertaining the name of members entitled to receive the Interim Dividend.
Business Upturn
26-04-2025
- Business
- Business Upturn
PTC India appoints Manoj Kumar Jhawar as Chairman & Managing Director
By Aman Shukla Published on April 26, 2025, 14:01 IST PTC India Limited, a leading player in the power trading sector, announced the appointment of Dr. Manoj Kumar Jhawar as its new Chairman and Managing Director. The decision was made at the Board of Directors meeting held on April 26, 2025. Dr. Jhawar, who has been serving as the Whole Time Director (Commercial & Operations) since January 2024, will assume his new role upon joining, subject to the Company's Articles of Association. His term will continue until he reaches the age of superannuation at 60 years. An engineer and management professional, Dr. Manoj Kumar Jhawar holds a Ph.D. in Management Sciences from Devi Ahilya University, Indore. He completed his graduation in Mechanical Engineering from Government Engineering College, Ujjain, and pursued a Master's degree in Industrial Engineering & Management from Devi Ahilya University. He is also a qualified Cost Accountant from the Institute of Cost Accountants of India (ICAI). Dr. Jhawar began his professional journey in 1989 with the MP State Electricity Board and later served Madhya Pradesh Paschim Kshetra Vidyut Vitaran Company Ltd., Indore, in key leadership roles, including Director (Finance) and Director (Commercial). Before joining PTC India, he was associated with KIOCL Ltd., a Category-I Mini Ratna Central Public Sector Enterprise, as Director (Finance). With more than three decades of experience across commercial operations, IT management, finance, and engineering domains, Dr. Jhawar brings extensive expertise to PTC India. His professional background covers areas such as policy planning, budgeting, resource allocation, contract negotiations, project financing, treasury management, internal audit, regulatory affairs, revenue management, ERP implementation, and smart metering initiatives. In addition to the leadership appointment, PTC India's Board also approved the payment of an interim dividend at 50% (Rs. 5 per equity share of Rs. 10 each) for the financial year 2024-25. The record date for determining eligible shareholders has been fixed as May 5, 2025. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
