PTC India Limited has informed that Renu Narang, CGM (Finance) of NTPC has been appointed as Nominee Director of NTPC on the Board of PTC India Ltd with effect from 17th June 2021.
Consequent to change of Nominee Director by NTPC Limited Anil Kumar Gautam, Nominee Director of NTPC has ceased to be a Director on the Board of PTC India Ltd. with effect from 17th June 2021.
Renu Narang, is Chief General Manager (Finance) with NTPC Limited. She is also the Chief Executive Officer of NTPC Electric Supply Limited, a wholly owned subsidiary of NTPC Ltd.
She is serving as Nominee, part time Director on the Board(s) of NTPC’s subsidiaries/ joint ventures namely “Bhartiya Rail Bijlee Company Ltd., Bangladesh-India Friendship Power Company (Pvt.) Limited, and Hindustan Urvarak & Rasayan Ltd.
Narang has over 33 years of experience in all aspects of Finance and Accounts. Resource mobilization from domestic and foreign lenders for both Long Term and Short Term needs has been her forte. Her experience spans over areas in International Finance, Budgeting, Financial Concurrence, Investor Services, Treasury and Commercial and Regulatory issues etc.
She was also responsible for implementation of SAP based ERP across the company. Narang is a Management Graduate from Indian Institute of Management, Lucknow; is an alumnus of SRCC, Delhi University. She also holds a Bachelor’s degree in Law (LLB) from Delhi University.
At around 2:23 PM, PTC India was trading at Rs103.85 apiece down by Rs2.45 or 2.3% on Sensex.