Please find enclosed herewith disclosure under Regulation 30 w.r.t change in management/ Directorate of the company.

Kmp 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

+0.8%Reaction day

₹50.50

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.6%-0.8% vs market

Telecommunication peers, median of 28sector · sector level+0.4%+0.3% vs sector

On the reaction day the stock moved 0.8 pts less than Nifty Microcap 250 and 0.3 pts more than its Telecommunication peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.8+1.6-0.8+0.4+0.3

Next day

+1.0+3.3-2.3+2.2-1.2

+3.0+4.3-1.3+2.5+0.5

+9.5+5.1+4.4+4.1+5.4

+8.8+6.4+2.4+5.0+3.8

+4.6+5.2-0.7+3.5+1.1

+6.5+5.9+0.6+5.1+1.4

15d

+28.3+8.0+20.3+6.5+21.8

+16.9+9.8+7.1+10.0+6.9

+12.5+11.8+0.7+11.8+0.7

+4.9+7.2-2.3+3.5+1.5

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 (a subsidiary of Punjab Infotech) announced board changes effective May 6, 2025, approved by circulation on May 12, 2025. Sh. Kamal Kishor Yadav, IAS (2003 batch, currently Administrative Secretary, Industries & Commerce) has been appointed as Chairman, replacing Sh. Tejveer Singh, IAS whose nomination was withdrawn by the holding company. Separately, Sh. Rahul Chaba, IAS (2017 batch, currently MD of Punjab Infotech) has been appointed as Director, replacing Sh. Mohinder Pal, IAS who was Sr. Vice Chairman. Both outgoing directors ceased following withdrawal of their nominations by the holding company. The company confirmed the newly appointed directors are not debarred by SEBI or any authority.

Likely market impact

These are routine changes of government/IAS officer nominees on the board of a state PSU subsidiary — Punjab Infotech continues to fully control board composition, so this is unlikely to materially affect operations, strategy, or the stock price.