Announced Thu, 25 Jun · 17:00 IST
In-principle approval for preferential issue of shares and warrants
Fund Raising View source PDF
PARACABLES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.8%1-day move
₹70.00
prior close
₹70.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-3.1-3.4-3.3-2.9-1.8+6.0+2.7+2.1+2.5-7.0-7.0———
Up moveDown movePending
AI summary
Paramount Communications has received in-principle approval from BSE and NSE for issuing about 2.2 crore equity shares at Rs. 42 each to non-promoters and 72 lakh convertible warrants at Rs. 42 each to promoters on a preferential basis. Issue price includes a Rs. 40 premium over the Rs. 2 face value. Allotment and listing steps remain.
Likely market impact
Equity dilution ahead for shareholders. Promoter participation via warrants signals confidence, but share count will rise once warrants are exercised.