Paramount Communications Limited has informed the Exchange regarding 'Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015'.
PARACABLES · price
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On the reaction day the stock moved 3.9 pts less than Nifty Microcap 250 and 2.8 pts less than its Cables - Electricals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Two promoters of Paramount Communications — Sanjay Aggarwal (Whole Time Director) and Sandeep Aggarwal (Managing Director) — bought equity shares through the open market on NSE on March 23, 2026. Sanjay Aggarwal purchased 4,724 shares for about Rs. 1.58 lakh, while Sandeep Aggarwal purchased 20,000 shares for about Rs. 6.65 lakh, totalling 24,724 shares worth roughly Rs. 8.22 lakh. After these acquisitions, the combined promoter and promoter group holding stands at 15,01,12,681 shares, representing 49.18% of the company's equity share capital of 30,52,09,814 shares. The percentage holding remains virtually unchanged at 49.18%, as the purchases are negligible relative to total shares.
These are very small promoter purchases (well under 0.01% of equity) and are unlikely to materially move the stock price. They do, however, signal continued promoter confidence, and the promoter group holding remains just below the 50% mark at 49.18%.