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Outcome of board meeting of PTC Industries

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Capital Market
Last Updated : May 27 2015 | 12:01 AM IST

Held on 25 May 2015

PTC Industries announced that the Board of Directors of the Company at its meeting held on 25 May 2015, inter alia, has approved following:

1. Change in the Remuneration payable to Sachin Agarwal, Managing Director was approved after recommendation from Nomination and Remuneration Committee meeting held on even date.

2. The Company has taken a decision to expand the AMTC project to include new technologies and capabilities. The expanded project is expected to make additional 12 to 18 months to be commissioned.

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First Published: May 26 2015 | 9:44 AM IST

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