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
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Paramount Communications Limited has submitted a disclosure to the stock exchange under Regulation 29(2) of the SEBI Substantial Acquisition of Shares and Takeovers Regulations, 2011, along with Regulation 7(2) of the SEBI Prohibition of Insider Trading Regulations, 2015. These regulations require promoters, major shareholders, and insiders to report any buying or selling of company shares that crosses specified thresholds. The specific details of the transaction — such as whether it involves a promoter purchase, sale, or any change in shareholding levels — have not been shared in the available text. Shareholders should check the full filing on the BSE/NSE portal for the exact nature, size, and direction of the deal.
The stock may see short-term volatility once the size and direction (buy or sell) of the insider/promoter transaction are known; investors should review the full filing before drawing conclusions.