Friday, January 4, 2008

Punjab Communications - Outcome Of AGM

Punjab Communications Ltd has informed that the members at the 26th Annual General Meeting (AGM) of the Company held on December 28, 2007, inter alia, have accorded the following:

1. Adoption of the Audited Balance Sheet as at March 31, 2007 and Profit & Loss Account for the year ended March 31, 2007 together with Directors Report Auditors Report and CAG comments.

2. Re-appointment of CA R K Nangia & Maj Gen G S Bains, AVSM as Directors of the Company.

3. Appointment of M/s. N Kumar Chhabra & Co., Chartered Accountants as Statutory Auditor of the Company for the year 2007-08 on remuneration, terms & conditions.

4. Appointment of Sh. Anurag Verma, IAS as a Director of the Company in the capacity of Managing Director w.e.f. March 20, 2007.

5. Appointment of Sh. Rakesh Kumar Verma, IAS as a Director of the Company in the capacity of Sr. Vice Chairman.

6. Appointment of A R Talwar, IAS as a Director of the Company in the capacity of Chairman.

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