Paramount Communications Limited has informed the Exchange about Copy of Newspaper Publication
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Paramount Communications Limited has called an Extra Ordinary General Meeting (EGM) on June 6, 2026 at 12:30 PM to be held through video conferencing. The EGM seeks shareholder approval for issuance of securities on a preferential basis, including unlisted convertible warrants, in accordance with applicable provisions of law. The notice was published in Financial Express and Jansatta newspapers on May 16, 2026 as per SEBI regulations 30 and 47. Remote e-voting will be available from June 3, 2026 (9:00 AM) to June 5, 2026 (5:00 PM), with May 30, 2026 as the cut-off date for determining eligible voters.
The proposed preferential issue of securities, including convertible warrants, may dilute existing shareholder holdings but could provide the company with fresh capital for business growth or debt reduction. Investors should monitor the specifics of the issuance including pricing and dilution impact.