PARACABLESNSEParamount Communications Limited· Cables - PowerLowNeutral
Announced Tue, 30 Sept · 16:12 IST

Paramount Communications Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 29, 2025. Further, the company has informed the Exchange regarding voting results.

Board & Shareholder Meetings View source PDF

PARACABLES · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Paramount Communications Limited held its 31st Annual General Meeting on September 29, 2025, via video conference from 3:00 PM to 3:20 PM. A total of 86 members attended the meeting, out of 1,50,192 shareholders on record date. All five resolutions were passed with overwhelming majority. Resolution 1 (adoption of FY25 audited financial statements) passed with 99.99% in favor, Resolution 2 (re-appointment of Sanjay Aggarwal, retiring by rotation) passed with 99.90%, Resolution 3 (continuation of Vijay Maheshwari as Non-Executive Independent Director beyond age 75) passed with 99.99% as a Special Resolution. Resolution 4 (appointment of Abhishek Mittal as Secretarial Auditor for 5 years) passed with 99.99%, and Resolution 5 (ratification of Cost Auditors' remuneration for FY26) passed with 99.99%. The promoter group voted 100% in favor on all resolutions, with total valid votes polled at approximately 52.09% of outstanding shares.

Likely market impact

This is a routine post-AGM compliance filing with all resolutions approved by shareholders, indicating stable governance with no contentious issues. The re-appointment of Chairman & CEO Sanjay Aggarwal and continuation of independent director Vijay Maheshwari are routine corporate actions with no material impact expected on the stock price.