PARACABLESNSEParamount Communications Limited· Cables - PowerMediumNegative
Announced Tue, 31 Mar · 17:13 IST

Paramount Communications Limited has informed the Exchange regarding Resignation of Nitin Gupta as Company Sec of the company w.e.f. March 31, 2026.

Kmp ResignedManagement Changes View source PDF

PARACABLES · price

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▲ 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
+13.3%1-day move
₹28.75
prior close
₹30.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.8+3.3+4.1+3.0+13.3+13.4+16.2+29.8+25.6+28.7+27.7+39.1+108.7+158.1
Up moveDown movePending
AI summary

Mr. Nitin Gupta has resigned from the position of Company Secretary and Compliance Officer of Paramount Communications Limited, effective from the close of business hours on March 31, 2026. The resignation has been accepted by the company and is attributed to personal reasons. The CFO, Mr. Shambhu Kumar Agarwal, has signed the intimation to the stock exchanges regarding this change. The company has not yet announced a replacement for the role.

Likely market impact

This is a KMP-level exit due to personal reasons with no governance red flags, but shareholders should watch for a timely appointment of a new Company Secretary to ensure compliance and disclosure obligations continue to be met smoothly.