PTC INDIA : TO INCORPORATE WOS FOR MINERAL EXCHANGE WITH RS 65 CR EQUITY INVESTMENT

• Board approved incorporation of a wholly owned subsidiary (SPV), with PTC India as promoter, to establish and operate a Mineral Exchange under Mineral Exchange Rules, 2026 • Board approved equity investment of up to ₹65 Cr in the proposed subsidiary, to be invested in one or more tranches • Initial subscription of ₹10 Cr towards 1,00,00,000 equity shares of ₹10 each at par, 100% in cash • Exchange to offer delivery-based electronic trading, transparent price discovery and supply contracts in allowed minerals • Indian Bureau of Mines has invited registration applications with last date 2 November 2026; PTC has applied for extension of time • Incorporation is subject to receipt of time extension from IBM; registration follows after SPV incorporation

PTC India Limited

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