PARACABLESBSEParamount Communications Ltd-$HighNeutral
Announced Sat, 16 May · 12:44 IST

Please find enclosed disclosure in pursuant to the regulation 30 & 47 of the SEBI (LODR) Regulation 2015.

Warrants ConvertedFund Raising 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 14 horizons · vs prior close
-2.1%1-day move
₹56.50
prior close
₹56.27
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.6-2.8-4.4-4.7-2.1-3.8+1.1+4.6+15.7+20.5+18.4+24.2+15.2
Up moveDown movePending
AI summary

Paramount Communications Ltd has called an Extra Ordinary General Meeting (EGM) on June 06, 2026, at 12:30 PM. The Board of Directors, in its meeting held on May 13, 2026, approved the notice seeking shareholder approval for issuance of securities on a preferential basis. The key agenda item is the issuance of unlisted convertible warrants in accordance with applicable provisions of law. The company has published the EGM notice in Financial Express and Jansatta newspapers on May 16, 2026. Remote e-voting will be available from June 03, 2026 to June 05, 2026.

Likely market impact

The issuance of preferential securities and unlisted convertible warrants may lead to dilution of existing shareholder equity. Shareholders should review the proposal carefully before casting their votes.