Please find enclosed herewith outcome of 44th AGM of the Company held on 22.12.2025 through VC/OAVM
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 held its 44th AGM on 22 December 2025 via video conferencing. Shareholders approved four board items: reappointment of Parminder Pal Singh Sandhu (IAS) as Managing Director via rotation, appointment of Kamal Kishor Yadav (IAS) as Chairman effective 6 May 2025, appointment of Jaspreet Singh (IAS) as Sr. Vice Chairman effective 16 October 2025, and appointment of Manjeet Singh Dhillon (ITS Retd.) as Independent Director for three years effective 11 January 2025. All four directors hold no shares in the company. The first three are IAS officers appointed by the holding company (Punjab government), making this a state PSU where the government drives board composition.
Routine AGM outcome with no major governance red flags. The board is fully composed of government-nominee IAS/ITS officers, which is typical for a Punjab state PSU and means minority shareholders have limited influence over board decisions. No material change for retail shareholders.