Please find enclosed herewith an intimation regarding change in CFO of the Company

Cfo ResignedManagement Changes View source PDF Explain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+3.1%Reaction day

₹49.84

prior close

₹50.44

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.1%+4.2% vs market

Telecommunication peers, median of 28sector · sector level-0.9%+4.0% vs sector

On the reaction day the stock moved 4.2 pts more than Nifty Microcap 250 and 4.0 pts more than its Telecommunication peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+3.1-1.1+4.2-0.9+4.0

Next day

-0.2-0.0-0.2+0.7-0.9

-0.1+0.2-0.3-0.2+0.1

+1.9+1.1+0.8+1.4+0.5

+1.9+1.1+0.9+1.5+0.4

+0.3-0.9+1.2-0.4+0.8

+1.5-0.5+2.0-1.0+2.5

15d

-3.9+7.1-11.0+5.5-9.4

+3.3+6.5-3.2+0.5+2.9

-7.4+7.9-15.3-5.2-2.2

+26.4+11.2+15.2-6.0+32.4

UpDownMarket · Nifty Microcap 250Sector · Telecommunication peers, median of 28Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Punjab Communications Limited has informed the stock exchange about a change in its Chief Financial Officer. CA Ajay Aggarwal ceased to be the CFO effective 31st May, 2026 upon attaining the age of superannuation (retirement). The Board of Directors, at its 239th meeting held on 20th May, 2026, appointed Mr. Tony Bansal as the new CFO effective 1st June, 2026. Mr. Tony Bansal is an existing regular employee of the company and holds an MBA in Finance with prior finance-related work experience. The transition was smooth, with no disruption in the finance leadership role.

Likely market impact

This is a routine leadership transition triggered by the retirement of the existing CFO on superannuation, not a sudden or unexplained exit. The replacement is an internal candidate familiar with the company's operations, which should help ensure continuity in financial reporting and controls. No material impact on shareholders is expected.