NSEGeneral Updates25 Jun 2026 · 25 Jun 2026, 05:32 pm
General Updates
Paramount Communications Limited · PARACABLES
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Paramount Communications Limited has received in-principle approval from BSE and NSE for the issuance of 2,19,97,664 equity shares and 72,00,000 unlisted convertible warrants on a preferential basis.
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Full Announcement
Paramount Communications Limited has informed the Exchange about General Updates-Disclosure under Regulation 30 of the SEBI ( Listing Obligations and Disclosure Requirements) Regulations, 2015, in relation to the In-Principle Approval for the issuance of 2,19,97,664 Equity Shares and 72,00,000 Unlisted Convertible warrants on a Preferential basis.
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Date:25.06.2026
The Corporate Relationship Department The General Manager- Listing
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, “Exchange Plaza”,
Dalal Street, Bandra-Kurla Complex, Bandra (East),
Mumbai - 400001 Mumbai - 400051
Symbol/Scrip Code: (BSE)530555/(NSE) PARACABLES
Sub: Intimation of receipt of In - Principle approval from BSE Limited and National
Stock Exchange of India Limited for issue of Securities (Equity Shares & Unlisted
Convertible Warrants) on Preferential Basis
Dear Sir/Madam,
‘We wish to inform you that the Company has received the ‘in-principle’ approval from: (a)
BSE Limited pursuant to its letter with ref. no. LOD/PREF/PB/FIP/439/2026-27; and (b)
National Stock Exchange of India Limited pursuant to letter with ref. no. NSE/LIST/55225,
both dated 24th June, 2026, for the issuance of: (i) 2,19,97,664 equity shares at a face value of
Rs. 2 each for cash at a price of Rs. 42 (including premium of Rs. 40) per equity share; and (ii)
72,00,000 unlisted convertible warrants (“Warrants™), each carrying a right exercisable by the
warrant holder to subscribe to 1 equity share per Warrant for cash at a price of Rs. 42 (including
premium of Rs. 40) per Warrant, on a preferential basis, to be issued to Non-Promoters and
Promoters, respectively.
The copy of In-principle approval letters as mentioned above are enclosed herewith.
Yours sincerely,
For Paramount Communications Limited
Rashi Goel
Company Secretary & Compliance Officer
Paramount Communications Ltd
Paramount House
KH - 433, Maulsari Avenue,
Westend Greens, Rangpuri,
New Delhi - 110037, India
12491 11 45618800
pel@paramountcables com
www.paramountcables.com
CIN : L74899DL1994PLC061295
BSE"”™
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LOD/PREF/PB/FIP/439/2026-27 June 24, 2026
The Company Secretary,
Paramount Communications Ltd
KH- 433, Rangpuri, Maulsari Avenue, Westend Greens,
New Delhi, Delhi, 110037.
Re: ‘In-principle’ approval under Regulation 28(1) of the SEBI (Listing Obligations and Disclosure
Requirements), Regulations, 2015.
Dear Sir/Madam,
We refer to your application seeking our “In-principle approval for the issue the following:
e 2,19,97,664 equity shares of Rs.2/- each at price not less than Rs. 42/- each to non-promoters
on preferential basis;
e 72,00,000 warrants convertible into 72,00,000 equi shares of Rs. 2/- each at price not less
than Rs. 42/- each to promoters on preferential basis.”
The Exchange hereby grants its ‘in-principle’ approval for the aforesaid issue. This ‘in-principle’
approval should not be construed as our approval for listing of aforesaid security, and you are
required to duly and separately comply with the requirements in respect thereof.
You are advised to ensure that the issue and allotment of securities is strictly in accordance with the
provisions of the Companies Act, 2013, Securities Contracts (Regulation) Act, 1956, the Securities
and Exchange Board of India Act, 1992, the Depositories Act, 1996 including the Rules, Regulations,
Guidelines, etc. made there under, Chapter V of SEBI (Issue of Capital and Disclosure Requirements)
Regulations, 2018 (ICDR Regulations), the SEBI (Listing Obligations and Disclosure Requirements),
Regulations, 2015 (LODR Regulations) and the Listing Agreement signed with us. In addition, you
shall also obtain such statutory and other approvals as are required for the purpose.
Further, the company is advised to strengthen internal controls (to monitor trades being executed
by the proposed allottees in the scrip of the company) before allotment of securities in order to
avoid any non-compliances in respect of trades being executed by the allottees in contravention to
provisions of Chapter V of SEBI (ICDR) Regulations. In this regard,
a) Company is advised to obtain an undertaking from the allottee(s) confirming that they shall
not do intra-day trading in the scrip of the company or any sale in the scrip of the company
till the allotment date of the security as required under SEBI (ICDR) Regulations.
Registered Office: BSE Limited, Floor 25, P J Towers, Dalal Street, Mumbai 400001, India, T: +91 22 2272 1234/33 | E: corp.comm@bseindia.com
www.bseindia.com | Corporate Identity Number : L67120MH2005PLCI55188
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b) The company may note that the responsibility/onus is solely on the Issuer company to verify the
above (a) and ensure compliance with applicable provisions including Regulation 167(6) of SEBI
ICDR regulations, 2018.
c) The company may also note that any non-compliances, if observed by the exchanges post the
undertaking and verification by the Issuer company may impact the listing of such shares.
On allotment of securities pursuant to this ‘in principle’ approval you are required to make a listing
application without delay, with applicable fees, in terms of Regulation 14 of the LODR Regulations
and comply with the post issue formalities.
Listing application and the checklist for post issue listing formalities can be downloaded from the
link: https://www.bseindia.com/static/about/downloads.aspx. Further, it should be noted by
Depositories and the Company that in case of allotment of Convertible Securities, there would be
automatic release of excess lock-in period of Pre-Preferential Holding of allottees by Depositories in
compliance with SEBI(ICDR) Regulations,2018 without requirement of any NOC by the Exchange.
In addition to above, the company should note that as per Schedule XIX — Para (2) of ICDR
Regulations and as specified in SEBI circular no. SEBI/HO/CFD/PoD-2/P/CIR/2023/00094 dated June
21, 2023, “the issuer or the issuing company, as the case may be, shall, make an application for
listing, within twenty days from the date of allotment, to one or more recognized stock
exchange(s)” along with the documents specified by stock exchange(s) from time to time. Any Non-
compliance with the above requirement will attract, the fine as mentioned in SEBI circular no.
SEBI/HO/CFD/PoD-2/P/CIR/2023/00094 dated June 21, 2023.
The Exchange reserves its right to withdraw this ‘in-principle’ approval at any stage if the
information submitted to the Exchange is found to be incomplete/ incorrect/ misleading/ false or if it
contravenes any Rules, Bye-laws and Regulations of the Exchange, LODR Regulations, ICDR
Regulations and Guidelines/ Regulations issued by any statutory authorities etc.
Yours faithfully,
Janardhan Wagle Prachi Babadi
Deputy Vice president Manager
N wirtyso
QNSE
Ref: NSE/LIST/55225 June 24, 2026
The Company Secretary
Paramount Communications Limited
Dear Sir/Madam,
Sub: In - Principle approval under Regulation 28(1) of Securities and Exchange Board of
India (Listing Obligations and Disclosure Requirements) Regulations, 2015
‘We are in receipt of your application regarding In-principle approval for issue of 21997664 Equity
shares of Rs. 2/- each and 7200000 Equity shares of Rs. 2/- each to be allotted pursuant to
conversion of warrants through Preferential issue in terms of Regulation 28(1) of the SEBI (Listing
Obligation and Disclosure Requirements) Regulations, 2015. In this regard, the Exchange is
pleased to grant in-principle approval for the said issue subject to the Company fulfilling the
following conditions:
1. Filing the listing application at the earliest from the date of allotment.
2. Receipt of statutory and other approvals and compliance of guidelines/regulations issued by
the statutory authorities including SEBIL, RBI, MCA, etc.
3. Compliance with all the applicable guidelines, regulations, directions of the Exchange or
any statutory authorities as on the date of listing application.
4. Compliance of all conditions as per the SEBI (LODR) Regulations, 2015 as on date of
listing, Companies Act, 1956 / Companies Act, 2013 and other applicable laws.
5. Submissions of documents as may be required by NSE and payment of applicable fees.
The Exchange reserves its right to withdraw its in-principle approval at a later stage if the
information submitted to the Exc
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