Pursuant to the Regulation 30 of SEBI (LODR) Regulations, 2015, we wish to inform you that the Board, in its 231st Board Meeting held on 19th June, 2025 has approved the appointment of ....

Management Changes View source PDF Explain this filing

Price

Loading chart…

▲ 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

+0.4%Reaction day

₹57.06

prior close

—

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%+0.1% vs market

Telecommunication peers, median of 27sector · sector level+1.3%-0.9% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty Microcap 250 and 0.9 pts less 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

Stock

—

10m

—

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.4+0.3+0.1+1.3-0.9

Next day

-0.6+0.6-1.2+2.0-2.6

+1.4+1.0+0.4+3.1-1.7

+2.8+3.0-0.2+4.8-2.0

+1.6+3.0-1.4+5.3-3.6

+2.5+3.5-1.0+5.7-3.2

+3.0+4.5-1.4+7.5-4.5

15d

+1.4+4.6-3.1+2.8-1.3

-1.3+6.0-7.3+3.1-4.4

-6.5+2.3-8.8-3.5-3.0

-8.5+3.9-12.4-4.2-4.3

UpDownMarket · Nifty Microcap 250Sector · Telecommunication peers, median of 27Pending

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

AI summary

Punjab Communications Limited has appointed CA Saurav Gupta as the new Chief Financial Officer of the company, effective from 12th June 2025. The appointment was approved by the Board at its 231st Board Meeting held on 19th June 2025. CA Saurav Gupta is a qualified Chartered Accountant and Law Graduate with 12 years of experience in various financial roles across Punjab Government departments and undertakings. The appointment follows a nomination by the Department of Finance, Government of Punjab, indicating the company remains under government influence as a Punjab state undertaking.

Likely market impact

This is a routine KMP appointment with no negative implication for shareholders; however, the CFO being a government nominee reinforces the state-owned character of the company and signals continued Punjab Government oversight over financial decisions.