Paramount Communications Promoters Acquire Additional Equity Shares Through Market Purchase

Paramount communications has announced that its key promoters have increased their stake in the company through open market purchases executed on March 23, 2026. The disclosure was made in compliance with SEBI regulations governing substantial acquisition of shares and insider trading norms.

Promoter Share Acquisitions

Two promoter-directors of the company made separate equity share purchases through the National Stock Exchange. The acquisitions demonstrate continued confidence in the company's prospects by its leadership team.

Promoter Details: Shares Acquired Transaction Value (Rs.) Post-Acquisition Holding Sanjay Aggarwal (Whole Time Director) 4,724 1,57,545.40 1,42,92,013 shares (4.68%) Sandeep Aggarwal (Managing Director) 20,000 6,64,648.00 1,42,30,033 shares (4.66%)

Shareholding Structure

The promoter group's overall stake in Paramount Communications remains unchanged at 49.18% despite the additional purchases. The group includes multiple entities and individuals acting in concert, comprising the Aggarwal family members, their Hindu Undivided Families (HUFs), and related companies including Paramount Telecables Limited and Hertz Electricals (International) Private Limited.

Shareholding Parameter: Details Total Promoter Group Holding 15,01,12,681 shares (49.18%) Company's Equity Share Capital 30,52,09,814 shares Face Value per Share Rs. 2 Total Share Capital Value Rs. 61,04,19,628

Regulatory Compliance

The transactions were disclosed 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. Company Secretary and Compliance Officer Nitin Gupta submitted the required disclosures to both BSE Limited and National Stock Exchange of India Limited on March 25, 2026.

Transaction Details

Both promoters executed their share purchases through open market transactions on the same date, with the trades being conducted on the National Stock Exchange. The acquisitions represent a minimal percentage increase in their individual holdings, with Sanjay Aggarwal's purchase constituting 0.002% and Sandeep Aggarwal's acquisition representing 0.007% of the total share capital.

The disclosed transaction values exclude taxes, brokerage, and other charges as per standard regulatory reporting requirements. The company confirmed that no derivatives trading was undertaken by the promoters in connection with these transactions.

Paramount Communications Limited has disclosed promoter share acquisitions through open market transactions on March 17, 2026, in compliance with SEBI regulations. The company filed official disclosures 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.

Promoter Share Acquisitions on March 17, 2026

Both key promoters executed strategic share purchases through the National Stock Exchange on March 17, 2026. The acquisitions involved Sanjay Aggarwal, Whole Time Director & Promoter, and Sandeep Aggarwal, Managing Director & Promoter.

Promoter Details: Sanjay Aggarwal Sandeep Aggarwal Position: Whole Time Director & Promoter Managing Director & Promoter Shares Acquired: 15,276 18,104 Transaction Value: ₹5,07,897.98 ₹6,01,648.42 Exchange: NSE NSE Mode: On Market On Market

Updated Shareholding Position

The March 17 acquisitions resulted in sequential increases in the promoter group's collective shareholding. The transactions were executed in two phases, with Sanjay Aggarwal's purchase preceding Sandeep Aggarwal's acquisition.

Promoter Group Holdings After Transactions

Shareholding Details: After Sanjay's Purchase After Sandeep's Purchase Total Shares: 15,00,69,853 15,00,87,957 Percentage Holding: 49.17% 49.18% Voting Rights: 49.17% 49.18%

Individual Promoter Stakes Post-Acquisition

The acquisitions resulted in marginal increases in individual promoter holdings. Sanjay Aggarwal's stake increased to 1,42,87,289 shares (4.68%), while Sandeep Aggarwal's holding reached 1,42,10,033 shares (4.66%).

Individual Holdings: Sanjay Aggarwal Sandeep Aggarwal Shares Held Post-Purchase: 1,42,87,289 1,42,10,033 Individual Stake: 4.68% 4.66% Shares Added: 15,276 18,104 Percentage Increase: 0.005% 0.006%

Company Share Capital Structure

The company's equity share capital remains unchanged at 30,52,09,814 equity shares with a face value of ₹2.00 each, aggregating to ₹61,04,19,628. The promoter group includes various family members, HUFs, and related entities such as Paramount Telecables Limited and Hertz Electricals (International) Private Limited.

The disclosures were filed on March 18, 2026, by Company Secretary and Compliance Officer Nitin Gupta, ensuring full regulatory compliance and transparency for all stakeholders. The transactions demonstrate continued promoter confidence in the company's prospects through systematic equity accumulation.

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