Paramount Communications Limited Reports Share Acquisition by Promoters
Paramount Communications Limited announced on March 18, 2026, that it received disclosures from Mr. Sanjay Aggarwal, Whole Time Director & Promoter, and Mr. Sandeep Aggarwal, Managing Director & Promoter, regarding market purchases of Equity Shares of the company on March 17, 2026.Details of Share Acquisition
According to disclosures received, prior to the acquisition, the acquirers (Sanjay Aggarwal and Sandeep Aggarwal, along with persons acting in concert) held 15,00,54,577 equity shares, representing 49.16% of the total share/voting capital and 49.16% of the total diluted share/voting capital of the company.Table: Acquisition Details
| Detail | Paramount Acquirers (Sanjay & Sandeep Aggarwal & PACs) |
|---|---|
| Before Acquisition: | |
| Shares carrying voting rights | 15,00,54,577 |
| Acquisition: | |
| Shares carrying voting rights acquired/sold | 15,276 |
| After Acquisition: | |
| Shares carrying voting rights | 15,00,69,853 |
Following the acquisition, the total holding of shares carrying voting rights for the acquirers rose to 15,00,69,853, representing 49.17% of the total share/voting capital and 49.17% of the total diluted share/voting capital. The acquisition was made through open market transactions on the BSE Limited and National Stock Exchange of India Limited. The total equity share capital of the company stands at 30,52,09,814 equity shares of face value of Rs. 2/- each aggregating Rs. 61,04,19,628/-.
Additional Acquisitions
Subsequently, Sandeep Aggarwal also acquired an additional 18,104 equity shares, which represents 0.006% of the company's total share/voting capital. This brings the total holdings to 15,00,87,957 equity shares, representing 49.18% of the total share/voting capital. The acquisition was also made through open market transactions.Source:
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