YEAR EVENTS 1981 - Punjab Communications Ltd. was incorporated on 21st July, 1981, by Punjab State Electronics Development & Production Corporation Limited (PSEDPCL). The certificate of commencement of business was obtained on 1st September, 1981. It was proposed by Punjab State Electronics Development & Production Corporation Ltd. The Company Manufacture Direct-to-line multiplexing equipment, high tech items such as pulse code modulated multiplexer, trans multiplexer, voice frequency telegraph, Rural Automatic Exchange etc. 1995 -- Punjab Communications Ltd. (PCL) has entered into a collaboration with ECI Telecom Ltd. Israel for manufacture of its SYNCOM range of SDH products in India. --Punjab Communications Ltd., launches 2 automation systems. --Punjab Communications Limited signs contract with Nepal Telecommunications Corporation for the supply of a rural automatic exchange. --Punjab Communication bags world cup contract. which includes developing and installing computer data-based network for the Wills World Cup Cricket Tournament to be held in 1996. - The company undertook to expand its activities by adding new product lines to its existing range. The products being introduced are Optical Fibre line Terminating Equipment - 200 terminal, very small Aperture Terminals (VSAT) - 10 systems, 140 MBIT Digital radio Equipment - 200 terminals, Digital Rural Communication system, Versatile Ultra High Frequency Digital Radio Equipment (300 system) and Higher Order Mux (HOM) 1000 nos. - 118,41,120 No. of equity share issued, subscribed and paid up to PSEDPCL. 42,50,000 No. of equity shares of Rs 10 each were then issued at a premium of Rs 240 per share of which 39,200 shares were reserved for allotment on a firm basis to Kothari Pioneer Prima Fund. Of the remaining 1,88,000 shares were reserved for allotment on a preferential basis to employees (only 1,84,400 shares taken up). Balance 40,22,800 shares were issued to the public along with unsubscribed portion of 3600 shares of employees quota (all were taken up). Additional 14,300 shares allotted. 2003 -Punjab Communications Ltd has informed BSE that Sh Viswajeet Khanna has been appointed as VC & MD of the Company by the order of Govt of Punjab with immediate effect in place of Sh A S Gill. -The Board approved forfeiture of 74000 number of shares after serving them last and final notice -Board approved to buy back upto 40,26,355 fully paid equity shares of the Company of the face value of Rs 10/- each at a price not exceeding Rs 96.05 per share. and to delist its equity shares from Ludhiana, Jaipur, Delhi, Chennai and Ahmedabad Stock Exchanges. 2007 -Punjab Communications Ltd has appointed Sh. Som Parkash, IAS as Managing Director of the Company by the order of Govt. of Punjab w.e.f. January 09, 2007. 2012 - Sh. Achhru Ram Talwar, IAS has been appointed as Chairman / Director of the Company by the order of Govt. of Punjab. - Sh. Anurag Verma, IAS has been changed from Managing Director to Sr. Vice Chairman & Managing Director. 2013 -Sh. Asish K. Bhattacharyya has been appointed as a Additional Director of the company. 2014 -Raj Kamal Chaudhary has been appointed as a Vice Chairman/Director of the company.