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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Earnings Impact5/10
Growth Catalyst4/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk6/10
Liquidity Impact5/10
Market Sentiment5/10

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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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PARACABLES_25062026173130_Announcement.pdf

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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"”™ The Power of Vibrance 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 The Power of Vibrance 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 [Showing first 8,000 characters — download PDF for full document]