Pritish Nandy Communications Renames Company to Reflect Media and Entertainment Focus
Pritish Nandy Communications Limited has undertaken a significant corporate restructuring, approving a complete change in its name from 'PRITISH NANDY COMMUNICATIONS LIMITED' to 'PNC MEDIA AND ENTERTAINMENT LIMITED'. This decision was formalized by the Board of Directors during a meeting held on July 03, 2026.The proposed name change is intended to better reflect the company’s present and future business activities as it evolves within the media and entertainment ecosystem. The transition aims to align the corporate identity with the firm's strategic vision.
In addition to the name alteration, the Board also approved consequential changes to the foundational documents of the company. Specifically, approvals were granted for the alteration of the Memorandum of Association (MOA) and the Articles of Association (AOA) to incorporate the new name. Both alterations are subject to requisite shareholder and statutory approvals.
The management has appointed Mr Vinayak N Deodhar of V. N. Deodhar & Co., Practicing Company Secretaries, to serve as Scrutinizer for conducting the Postal Ballot process related to these corporate matters. Shareholders have been issued a Notice of Postal Ballot along with an Explanatory Statement seeking their consent for the proposed changes.
Shareholder Voting Timeline
The company has initiated a remote e-voting process to seek shareholder approval for the name change and associated alterations. Key dates and timelines are as follows:| Activity | Details |
|---|---|
| Board Approval Date | July 03, 2026 |
| E-Voting Commencement | Tuesday, July 07, 2026 at 9.00 AM IST |
| E-Voting Conclusion | Wednesday, August 05, 2026 at 5:00 PM IST |
| Results Declaration | On or before Friday, August 07, 2026 |
The company confirmed that the proposed name change will not affect its legal status, continuity of operations, existing contracts, or any other legal or regulatory position. The Board recommended all resolutions—including the name change and the alteration of corporate documents—as Special Resolutions for shareholder approval.
PNC Stock Price Movement
Pritish Nandy Communications Limited (PNC) shares closed lower today, shedding 3.36% and settling at ₹21.31 in post-market trading. The stock saw a total volume of 11,286 shares traded during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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