Paramount Communications Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Paramount Communications Limited has submitted to the stock exchange a disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires continual disclosures when an existing significant shareholder acquires or sells additional shares crossing incremental thresholds. The specific details of the transaction — including the entity involved, the direction of change (buy or sell), and the percentage movement — are not included in this filing announcement.
This is a routine regulatory disclosure with no immediate material impact on shareholders until the actual details of the share movement are known.