Please find enclosed an intimation regarding change in directorate on Board of the Company due to change in nomination by the Holding Company.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Punjab Communications Ltd's holding company, Punjab Information & Communication Technology Corporation (Punjab Infotech), has changed its nominees on the board. Sh. Gurkirat Kirpal Singh, IAS (a 2001 batch officer currently serving as Administrative Secretary, Industries & Commerce) has been appointed as Director-cum-Chairman, replacing Sh. Kamal Kishor Yadav, IAS. Sh. Harsuhinder Pal Singh Brar, IAS (a 2020 batch officer and current MD of Punjab Infotech) has been appointed as Director, replacing Sh. Jaspreet Singh, IAS. Both cessations and appointments are effective February 17, 2026, and were approved by the board on February 20, 2026. The new directors are not debarred by SEBI from holding office. This is a routine change driven entirely by the holding company's nomination rights.
This is a routine government-driven board reshuffle with no impact on operations or financials. As Punjab Communications is effectively a government-controlled entity (held by Punjab Infotech), such director rotations are administrative in nature and unlikely to affect the stock price.