PTC India's 4 PSU shareholders want to log out of promoter role

Its key shareholders are four public sector undertakings - NTPC, Power Grid Corporation of India, PFC and NHPC - all of which are promoters of the company. They want to relinquish that role to ringfence the companies from any fallout from the PTC India inquiry. They aim to limit participation in PTC India's affairs, such as board representation, according to the people cited.