New Delhi, Sep 29 (PTI) PTC India Financial Services (PFS) on Monday expressed surprise over the unexpected resignation of three independent directors ahead of the expiry of their three-year term.

Three independent directors, Seema Bahuguna, Naveen Bhushan Gupta and PV Bharathi, resigned as Independent Directors of the company in the last few days.

"The management is surprised by the unexpected resignation of the aforementioned independent directors and more so because of the reasons cited in their resignation letters. None of them had ever discussed such issues with the Board of Directors or the management prior to submitting their resignations," PFS said in a regulatory filing.

The sudden exit of these independent directors raises questions over corporate governance.

Seema Bahuguna,

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