PTC India Financial Services plummets 18% after three directors resign

Shares of PTC India Financial Services (PFS) tanked over 18 per cent on Thursday after all the three independent directors on the company's board resigned over corporate governance issues and other matters.

On BSE, shares ended the day at Rs 20.95 apiece, down 18.32 per cent over previous close. During the trading session, the shares fell to a low of Rs 20.65 apiece, down 19.49 per cent over its last close.

On NSE, it closed at Rs 20.95, a fall of 18.32 per cent after tumbling 19.10 per cent to Rs 20.75 during the session.

On Wednesday, three independent directors of PFS –