BSECompany Update11 Aug 2026 · 11 Aug 2026, 12:28 pm
Intimation regarding sale agreement entered by the Company.
Paramount Cosmetics India Ltd · 507970
✦ AI SummaryDivestiture
Paramount Cosmetics India Ltd has entered into a sale agreement for its factory land and building at Shoolagiri, with the buyer having taken possession of the property. The transaction was approved by the company's shareholders at an EGM held on 13.02.2026. The buyer is currently completing the registration and other formalities for transfer and registration of the property in its name.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk6/10
Liquidity Impact8/10
Market Sentiment5/10
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Paramount Cosmetics India Ltd - 507970 - Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
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PARENT
August 03, 2026
Corporate Relationship Department
BSE Limited
Phiroze Jeejeebhoy Towers
Dalal Street
Mumbai 400001
Sub: Events which shall be disclosed upon application of the guidelines for materiality referred under
sub-regulation (4) of regulation (30) of Part- B of Schedule- III
Ref: Scrip Code: 507970; ISIN: INE143101013
Dear Sir/Madam,
With reference to the above-captioned subject and further to the receipt of advance towards the proposed
sale of the land and building comprising the Company’s factory at Shoolagiri, the Company, during the
quarter, entered into a Sale Agreement and handed over possession of the said property to the buyer. The
Company had made appropriate disclosures to the Stock Exchange on 13.02.2026 in connection with the
aforesaid transaction.
The transaction was duly approved by the shareholders of the Company at the Extraordinary General
Meeting (EGM) held on 13.02.2026. The buyer is presently in the process of completing the registration
and other related formalities for transfer and registration of the said property in its name.
In view of the above, you are requested to kindly take the same on record and acknowledge the receipt of
this disclosure.
Due to an inadvertent oversight, this disclosure is being made belatedly. The Company regrets the delay
and affirms its commitment to timely compliance with SEBI (LODR) Regulations going forward.
Yours sincerely,
For Paramount Cosmetics (India) Limited
MR. HUOTESH T OPITWAALLA
Managing Director
DIN: 01603345
Date: 03.08.2026
Place: Bangalore
PARAMOUNT COSMETICS (INDIA) LIMITED
CIN: L24240GJ1985 PLC008282
Reed. Office: Plot No. 165/B-15 & 16, 2"! Phase G.L.D.C, Vapi, District Valsad, Gujarat - 396195
Corp. office:902-904, 9th Floor, Prestige Meridian- 1, 29M.G. Road,
Bangalore—560001
Tel: 080-25320870 / 71 / 25327357
Email: compliance@parcos.in
website: www.parammount.com