Paramount Communications Limited has informed the Exchange regarding Change in Director(s) of the company.
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Paramount Communications Limited has informed the exchanges that Mrs. Praveena Kala (DIN: 08765830), a Non-Executive Independent Director, has completed her tenure and ceased to be a director of the company effective close of business hours on July 13, 2025. The Board and Management expressed appreciation for her contributions during her term. The company also disclosed the updated composition of its Board Committees (Audit, Nomination & Remuneration, and Stakeholders Relationship) effective July 14, 2025.
This is a routine completion of an independent director's term with no operational or financial impact. Shareholders should note the change in board composition, but it does not affect the company's business or strategy.