Pursuant to Regulation 30(1) of SEBI(LODR) Regulations 2015 read with Para A of Part A of Schedule III of SEBI Regulations, 2015, we wish to inform to the Stock Exchange that Punjab Communications Ltd. has accepted OTS given by UP Cooperative Spinning Mills Federation Ltd. w.r.t. Debenture Bonds issued by them, amounting to Rs.22.48 Crore after obtaining approvals form Competent Authorities.\r\n\r\nThis is for your information & Records please.