Punjab Communications Limited — Audit Report / Information 2019

Sep 27, 2019

PCL/CS/15538

27th September,2019

The SecretarY The BombaY Stock Exchange Limited Phiroze JeejeebhoY Towers, DalalStreet, Mumbai- 400 001

Sub: Appointment of Statutory Auditors of the Company for FY 2019'20

Dear Sir,

pursuant to Regulation 30 read with Para A of Part A of Schedule lll of SEBI (Listing Obligations and Disclosure Requirements) Regulations. 2015, this is to inform you that the M/s Raj Gupta & Co., Chartered Accountants has been appointed as Statutory Auditors of the Company in the 38th Annual General Meeting held on 25th September, 2019'

The details, as required under the Regulation 30 read with Schedule lll of SEBI (Listing Obligations and Disclosure Reqi.rirements) Regulations, 2015, are as under:

Particulars	Details of information
Reason for change vtz. appointment, resignation, removal, death or otherwise	of Companies Act, 2013, the ffi) comptroller & Auditor General of lndia (cAG) vide its letter No./CA.V/COY/PUNJAB.PBCOMM(1)1216 has appointed M/s Raj Gupta & Co., Chartered Accountants as the Statutory Auditors of the company for the Financial Year 2019-20 and approved by members in the 38th AGM ol the Compahy
Date of apPointment & term	m tne conclusion of this AGM
of appointment	till the conclusion of next AGM) on the terms & conditions as provided in the CAG letter issued in this regard.
Brief profile (in case of appointment)	Attached as Annexure

This is for your information and records please.

Thanking you,

Yours FaithfullY,

For Punjab Communications Limited

v:- )* nv secretary)

office : B-91, Phase vlll, lndl. Area, S.A.S. Nagar, Mohali {Punjab) '160 071 lndia Regd.

Phone No' : +91'1 7 2'2237 101 (4 Li nes)' +91''17 2'5022901 (\4 Li nes) Far No. : +91-172-2237125, E'mail : puncom@puncom'com

Brief Profile of Statutorv Auditors

M/s RAJ GUPTA & CO.. Chartered Accountants

M/s Raj Gupta & Co., Chartered Accountants, established in Year 1976, is a firm registered with lnstitute of Chartered Accountants of lndia, having Firm Registration No 000203N with its head office at 304911, Sector38-D, Chandigarh, 160036. The Firm provides a range of services which include Audit & Assurance, Taxation, Accounting and Risk Advisory services through its 12 partners and 70+ staff from its 5 offices in different cities, namely, Chandigarh, Ludhiana, New Delhi, Mumbai,.and J & K.

The Audit Firm has 43 years of experience in the field of Corporate Audits such as Statutory Audit, Tax Audit, lnternal Audit etc. Valuations under NCLT Mechanism, Bank Audits including Concurrent Audit, Stock Audit etc, Forensic/Special Audit, Management Audit, Risk Management, Accounting compliance & Reporting, Taxation Strategy & Planning, GST Advisory, Compliance & Training, Tax Compliance, and other allied services.

Due to their long experience pnd repute, the firm has been affiliated / empanelled with reputed organizations/ statutory bodies such as Comptroller & Auditor General of lndia, Reserve Bank of lndia, etc.