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Business Standard

A matter of governance: When independent directors call it quits midway

Most independent directors who quit do not explain why they are leaving before the end of their terms

Topics
BS Number Wise | Companies | senior-level executives

Sachin P Mampatta  |  Mumbai 

company, board, management, policy, marketing, plans, growth, diversity, gender
Representative Image

On December 12, power trading company PTC India made an exchange announcement about the resignation of four independent directors. The executives' letters flagged governance issues, though the New Delhi-based company denied lapses.

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First Published: Thu, January 12 2023. 16:30 IST

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