PTC India Financial Services has informed that PFS Board vide its meeting dated 16th July 2022 has sanctioned proposal of aggregate Rs 595 crores which shall be utilized for solar and other infrastructure projects. Further Board has also approved business decision for existing loan accounts and with all of the above; the likely disbursement of about Rs 800 crores is expected in July 2022. Press release of the same is enclosed.
The above information is a part of company’s filings submitted to BSE.
