Announced Tue, 23 Dec · 17:16 IST

Please find enclosed herewith an intimation regarding the appointment of Statutory Auditors of the Company for FY 2025-26

Management Changes View source PDF

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AI summary

Punjab Communications Limited has appointed M/s Charanjit Singh & Associates, Chartered Accountants, as its Statutory Auditors for the financial year 2025-26. The appointment was made by the Comptroller & Auditor General of India (CAG) under Section 139(5) of the Companies Act, 2013, and subsequently approved by shareholders at the company's 44th Annual General Meeting held on 22nd December 2025 via video conferencing. The firm's tenure runs from the conclusion of this AGM until the conclusion of the next AGM. M/s Charanjit Singh & Associates is a Ludhiana-based partnership firm (FRN: 015328N) empanelled with CAG and has experience in statutory audits, tax audits, bank audits, and GST advisory.

Likely market impact

This is a routine, regulatory-driven auditor appointment typical of government companies where CAG recommends the auditor. No material impact is expected on shareholders or the stock price, as the change reflects standard annual governance compliance.