Punjab Communications Limited (Puncom) has announced a delay in submitting its unaudited financial results for the quarter ended September 30, 2025, due to the unavailability of its Chairman, Sh. K.K. Yadav, IAS.

Rescheduled Board Meeting

The company's 235th Board Meeting, originally scheduled for November 13, 2025, has been postponed to November 18, 2025. This new date falls beyond the regulatory deadline of November 14, 2025, set by the Securities and Exchange Board of India (SEBI) for quarterly result submissions.

Reason for Delay

According to Punjab Communications' disclosure to the Bombay Stock Exchange (BSE), the delay is attributed to Chairman Sh. K.K. Yadav's participation in a government delegation's road show. The event, described as a 'Pre-summit Domestic Outreach visit of Govt. of Punjab delegation,' is scheduled to take place in Hyderabad and Chennai from November 11-14, 2025.

Regulatory Compliance

In adherence to SEBI regulations, the company has provided a detailed explanation for the delay to the BSE. Punjab Communications has cited the Master circular on compliance with the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, dated November 11, 2024, which mandates such disclosures.

Company's Assurance

The company has assured better compliance with SEBI regulations in the future. Punjab Communications stated that it would submit the Notice of Board Meeting to the stock exchange shortly, in compliance with Regulation 29 of SEBI (LODR) Regulations, 2015.

Key Details

This delay in financial reporting highlights the challenges companies may face in balancing regulatory compliance with other business and governmental commitments. Investors and stakeholders will be closely watching for the release of Punjab Communications' Q2 results and any potential impact this delay might have on market perceptions.

Punjab Communications Limited (PCL) has announced a significant change in its board composition, effective October 16, 2025. The company's holding entity, Punjab Information and Communication Technology Corporation Ltd. (Punjab Infotech), has nominated Jaspreet Singh, IAS, to replace Sandeep Hans, IAS, as Director and Sr. Vice Chairman of PCL's board.

Board Approval and Transition

The appointment of Jaspreet Singh and the withdrawal of Sandeep Hans were approved during PCL's 234th board meeting held on October 16, 2025. This change in leadership comes as part of a strategic move by the holding company to bring fresh perspectives to PCL's management.

New Appointee Profile

Jaspreet Singh, a 2014 batch IAS officer, brings a wealth of experience to his new role at PCL. His current positions include:

• Managing Director of Punjab Information & Communication Technology Corporation Limited (Punjab Infotech)
• Additional CEO of Punjab Bureau of Investment Promotion

Prior to this appointment, Singh has held several key positions in the Punjab government:

• Special Secretary and Mission Director for Food Processing
• Deputy Commissioner of Bathinda
• Additional CEO of Invest Punjab
• Nodal Officer for Post-Disaster Needs Assessment (PDNA)

Regulatory Compliance

In compliance with SEBI regulations, PCL has affirmed that Jaspreet Singh is not debarred from holding the office of director by virtue of any SEBI order or any other authority. The company has also disclosed that Singh, being nominated by Punjab Infotech, is related to other directors appointed by the holding company.

Implications for Punjab Communications Limited

This board reshuffle signifies a continuation of the close relationship between PCL and its holding company, Punjab Infotech. The appointment of Jaspreet Singh, with his diverse experience in technology, investment promotion, and public administration, may bring new strategic directions to PCL's operations and governance.

As Punjab Communications Limited navigates this transition in leadership, stakeholders will be keen to observe any potential shifts in the company's strategy or operations that may result from this change in senior management.

Key Details of the Board Change

Investors and industry observers will likely monitor closely how this change in leadership might influence Punjab Communications Limited's future direction and performance in the telecommunications sector.