Punjab communications has scheduled its 237th board meeting for February 13, 2026, to review and approve the quarterly unaudited financial results for the third quarter of fiscal year 2026. The meeting will be held at 11:30 AM on Friday, as communicated to the Bombay Stock Exchange in compliance with regulatory requirements.

Board Meeting Details

The company has issued a formal notice pursuant to Regulation 29(1)(a) of SEBI (LODR) Regulations 2015, informing stakeholders about the upcoming board meeting. The primary agenda focuses on taking on record the quarterly unaudited financial results for the period ended December 31, 2025.

Trading Window Closure

In accordance with insider trading regulations, Punjab Communications Ltd has implemented a trading window closure for its shares. The company has informed that the trading window will remain closed until February 15, 2026. This closure was initially communicated to the exchange on December 26, 2025, as part of the company's compliance with SEBI guidelines regarding material information disclosure.

Regulatory Compliance

The announcement demonstrates the company's adherence to SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The formal communication was signed by Pratima Yadav, Company Secretary and Compliance Officer, and digitally authenticated on February 6, 2026. The notice has been submitted to the Bombay Stock Exchange as required under the regulatory framework for listed companies.

The scheduled board meeting represents a routine quarterly review process where directors will examine the company's financial performance for the third quarter of the current fiscal year before making the results public.

Punjab Communications Limited has provided a detailed clarification to the Bombay Stock Exchange regarding the timeline and process of appointing CA Deepika Arora as the company's Chief Financial Officer. The clarification, dated December 26, 2025, addresses queries raised by the exchange about the timing of the appointment notification.

Appointment Timeline and Process

The company outlined a structured appointment process that involved both government authorization and board approval. CA Deepika Arora initially assumed charge as CFO on December 22, 2025, following orders from the Department of Industries & Commerce, Government of Punjab. However, this assumption of duties was subject to formal approval by the company's Board of Directors.

Regulatory Compliance Explanation

Punjab Communications emphasized its adherence to regulatory requirements in the appointment disclosure process. The company clarified that the formal appointment occurred during the 236th Board Meeting held on December 24, 2025, where directors officially appointed CA Deepika Arora as CFO with effect from December 22, 2025.

The company specifically addressed the exchange's concern about the 12-hour notification requirement. Punjab Communications stated that the disclosure was made within 12 hours from the conclusion of the Board Meeting, which ended at 13:35 hours on December 24, 2025. This timeline demonstrates compliance with applicable regulatory requirements.

Government Orders and Corporate Governance

The clarification highlights the dual-approval process involving government entities and corporate governance structures. The appointment followed government orders from Punjab's Department of Industries & Commerce, reflecting the company's operational framework within the state's administrative structure.

Punjab Communications explained that the exchange notification was submitted only after the appointment was "duly formalized and confirmed by the Board," ensuring proper corporate governance procedures were followed before public disclosure.

Communication with Exchange

The December 26, 2025 clarification letter references the company's earlier communication dated December 24, 2025 (letter no. PCL/CS/16551), which initially informed the exchange about CA Deepika Arora's CFO appointment. The subsequent clarification was issued in response to the exchange's specific query regarding the notification timeline.

The company requested that the Bombay Stock Exchange take the clarification on record, demonstrating its commitment to maintaining transparent communication with regulatory authorities and ensuring compliance with disclosure requirements.