Forensic Analyst, Trudence Capital Advisors

Nitin Mangal

Nitin Mangal is a Research Analyst with more than 15 years of experience in Indian equities. He is Pioneer of Corporate Governance and Accounting Research in Indian Market and has successfully developed product for Institutional Investors named as "Analysis Beyond Consensus" during his association with Edelweiss Securities Ltd, Mumbai. Later during the career, he has worked with Veritas Investment Research Corporation, Canada as Asia Consultant covering Indian and US equities. He has been profiled by leading financial newspapers such as Wall Street Journal, Business Standard etc

Forensic Analyst

PTC India Financial Services Ltd- Governance Turmoil Resurfaces

Trudence Capital Advisors

Trudence Capital Advisors Private Limited is a SEBI-registered Research Analyst, holding SEBI registration number INH000015747. Our firm is dedicated to providing independent and unbiased research on Indian mid to large-cap companies. Trudence Capital is known for its counter-consensus views, with a focus on forensic research and on-ground primary investigations. Our research approach is thorough, involving detailed analysis of accounting practices and governance, alongside extensive channel checks.

Independent & Unbiased Research

<ul>
<li>3 Independent Directors of <a href="https://www.smartkarma.com/entities/ptc-india-financial-services-ltd" target="_blank" data-smartkarma-citation="entities:10635:1" rel="noopener">PTC India Financial Services (PTCIF IN)</a> have resigned from their positions.</li>
<li>The Company shows a pattern of poor Corporate Governance and Management has done little to resolve these issues.</li>
<li>The shoddy governance practices range from appointment process of the CFO to the opaque barrier of communication between the management and the rest of the board.</li>
</ul>


3 Independent Directors of PTC India Financial Services (PTCIF IN) have resigned from their positions.
The Company shows a pattern of poor Corporate Governance and Management has done little to resolve these issues.
The shoddy governance practices range from appointment process of the CFO to the opaque barrier of communication between the management and the rest of the board.


PTC India Financial Services: Resigned Directors Go All Guns Blazing