NSECredit Rating14 Jul 2026 · 14 Jul 2026, 03:17 pm
Credit Rating
Paramount Communications Limited · PARACABLES
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Paramount Communications Limited has informed the Exchange about Credit Rating, ICRA Limited has reaffirmed the Long-Term Bank Facilities and the Short-Term Bank Facilities ratings of the Company as under: Instrument Type Rated Amount (Rs. crore) Rating/Outlook Long term/Short term — Fund | 150.00 [ICRA]BBB(Stable)/[ICRAJA3+: with negative implications; Stable outlook assigned
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment5/10
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Paramount Communications Limited has informed the Exchange about Credit Rating
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PARAM
J WIRES & CABLES
14% July,2026
The Corporate Relationship Department The General Manager- Listing
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, “Exchange Plaza”, Bandra-Kurla Complex,
Dalal Street, Bandra (East),
Mumbai - 400 001 Mumbai - 400 051
Symbol/Scrip Code: (BSE)530555/(NSE) PARACABLES
Sub: Intimation of Credit Rating(s) pursuant to Regulation 30 of SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015
Dear Sir/Madam,
This is to inform you that ICRA Limited has reaffirmed the Long-Term Bank Facilities and the Short-
Term Bank Facilities ratings of the Company as under:
Instrument Type Rated Amount (Rs. | Rating/Outlook
Crore)
Long term/Short term — Fund | 150.00 [ICRA]BBB(Stable)/[ICRAJA3+;
based/non-fund bas— Oethedrs reaffirmed and removed from watch
with negative implications; Stable
outlook assigned
This is for your information and record.
Thanking You
Yours Faithfully
for Paramount Communications Limited
Rashi Goel
Company Secretary and Compliance Officer
Paramount Communications Ltd
Paramount House
KH - 433, Maulsari Avenue,
Westend Greens, Rangpuri,
New Dethi - 110037, India
t:+91 11 45618800
pol@paramounteables.com
www.paramountcables.com
CIN: L74899DL 1994PLC061295
ICRA
ICRA Limited
ICRA/ Paramount Communications Limited / 14072026/1
Date: July 14, 2026
Mr. Sanjay Aggarwal
Chairman and Chief Executive Officer
Paramount Communications Limited
KH-433, Maulsari Ave, West End Greens,
Rangpuri, New Delhi, Delhi 110037.
Dear Sir,
Re: ICRA’s Credit Rating for below mentioned Instruments of Paramount Communications Limited
As per the Rating Agreement/Statement of Work executed with ICRA Limited, ICRA's Rating Committee has taken the following rating
actions for the mentioned instruments of your company.
Instrumet Rated Amou Rating Action® Financial Sector Regulator®
(Rs. crore)
ICRAIBBB(Stable)/[ICRAJA3:
Long term/Short term — reaffirmed and removed
Fund based/Non-fund based 15000 from watch with negative RBI
— Others implications; Stable outlook
assigned
[ICRA]BBB(Stable);
reaffirmed and
Long term — Unallocated
0.00 removed from watch with RBI
limits. negative implications; Stable
outlook assigned
Total 150.00
The aforesaid rating(s) will become due for surveillance within one year from the date of rating communication letter. However, ICRA
reserves the right to review and/or, revise the above rating(s) at any time based on new information becoming available, or the
required information not being available, or other circumstanctheast ICRA believes could have an impact on the rating(s). Therefore,
request the lenders and investors to visit ICRA website at wwuw.icra.in for latest rating(s) of the company.
The rating(s) are specific to the terms and conditions of the instruments as indicated to us by you, and any change in the terms or
size of the same would require a review of the rating(s) by us. In case there is any change in the terms and conditions or the size of
the rated instrument, the same must be brought to our notice before the instrument is used by you. In the event such changes occur
after the rating(s) have been assigned by us and their use has been confirmed by you, the rating(s) would be subject to our review,
following which there could be a change in the rating(s) previously assigned. Notwithstanding the foregoing, any change in the over-
all limit of the instrument from that specified in this letter, would constitute an enhancement that would not be covered by or under
the said Rating Agreement.
The rating(s) assigned must be understood solely as an opinion and should not bet reated, or causteo be treated, as recommendation
to buy, sell, or hold the rated instrument availed/issued by your company.
You are also requested to forthwith inform us about any default or delay in repayment of interest or principal amount of the
instrument rated, as above, or any other debt instruments/ borrowing and keep us informed of any other developments which may
have a direct or indirect impact on the debt servicing capability of the company including any proposal for re-schedulement or
postponement of the repayment programmes of the dues/ debts of the company with any lender(s) / investor(s), or occurrence of
any significant development that could impact the ability of the compantyo raise funds such as restriction imposed by any authority
from raising funds through issuance of debt securities through electronic bidding system. Further, you are requested to inform us
immediately as and when the borrowing limit for the instrument rated, as above, or as prescribed by the regulatory authority(ies) is
exceeded.
1 Complete definitions of the ratings assigned are available at www.icra.in.
BuildSensitivityt Abet: Tatemal Tel: +91.124 4545300 Website: www.icrain
DLF Cyber City, PhaseIT CIN: L749999DL1991PLC042749 Email: info@icraindia.com
Gurugram - 122002, Haryana Helpdesk: +91 9354738909
Registered Office: B-710, Statesman House, 148, Barakhamba Road, New Delhi 110001. Tel.: +91.11.23357940-41
RATING . RESEARCH « INFORMATION
ICRA
We look forward to your communication and assure you of our best services.
With kind regards,
Yours sincerely,
For ICRA Limited
Digitally signed by
PRAS HANT PRASHANT VASISHT
Date: 2026.07.14
VASISHT 10:19:32 +05'30"
Prashant Vasisht
Senior Vice President
prashant.vasisht@icrai com
Sensitivity Label : Internal
ICRA
Annexure
Details of Bank Limits Rated by ICRA
Amount (Rs. crore) Rating Rating Assigned On
(Long-term/ Short-term)
Fund based/ non-fund
based - Others
Union Bank of India 50.00 [ICRA]BBB (Stable)/[ICRAJA3+ July 10, 2026
Axis bank Limited 60.00 [ICRA]BBB (Stable)/[ICRAJA3+ July 10, 2026
Proposed 40.00 [ICRA]BBB (Stable)/[ICRAJA3+ July 10, 2026
Total 150.00
Sensitivity Label : Internal