Please find enclosed the disclosure w.r.t change in Directorate of the company
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Punjab Communications has announced a change in its Board of Directors effective 26th August 2025. Sh. Rahul Chaba, IAS ceased to be a Director after his nomination was withdrawn by the holding company, Punjab Information and Communication Technology Corporation Ltd (Punjab Infotech). In his place, Sh. Sandeep Hans, IAS — a 2010-batch IAS officer currently serving as Managing Director of Punjab Infotech — has been appointed as Director in the capacity of Sr. Vice Chairman. The change was approved at the company's 232nd Board meeting held on 26th August 2025. Both outgoing and incoming directors are government-nominated representatives, reflecting that the company is a state-government-held entity through Punjab Infotech.
This is a routine administrative board change driven entirely by the holding company's nomination, with no indication of any governance concern or strategic shift. Shareholders are unlikely to see any material impact on the stock price or business operations.