Paramount Communications to hold AGM on September 26 for director re-appointment
- Paramount Communications to hold 32nd AGM on September 26, 2026, via video conferencing
- Agenda includes re-appointment of MD Sandeep Aggarwal and adoption of FY26 financials
- Remote e-voting open from September 23 to September 25, 2026
- Cost auditor remuneration for FY27 requires shareholder ratification
*this image is generated using AI for illustrative purposes only.
Paramount Communications will hold its 32nd Annual General Meeting on Saturday, September 26, 2026, at 12:30 pm. The meeting will be conducted through video conferencing or other audio-visual means.
Shareholders will consider the re-appointment of Mr. Sandeep Aggarwal as a director and ratify the remuneration for cost auditors. The company has provided remote e-voting facilities for members holding shares as on the cut-off date of September 19, 2026. Shareholders who have not registered their email addresses have been sent a letter with a web-link to access the Notice of AGM and Integrated Annual Report for FY26.
Agenda Details
The ordinary business includes adopting the audited standalone and consolidated financial statements for the financial year ended March 31, 2026. Members will also vote on the re-appointment of Mr. Sandeep Aggarwal, who retires by rotation.
| Agenda Item | Description |
|---|---|
| Ordinary Business 1 | Adoption of Audited Financial Statements for FY26 |
| Ordinary Business 2 | Re-appointment of Mr. Sandeep Aggarwal as Director |
| Special Business | Ratification of Cost Auditor remuneration |
Mr. Sandeep Aggarwal serves as the Managing Director of the company. He holds 1,42,30,033 equity shares of face value ₹2 each as on the date of the notice. His remuneration last drawn as on March 31, 2026, was ₹1.89 crore. The proposed remuneration is up to ₹2.5 crore, approved by shareholders in September 2023.
Cost Auditor Appointment
The Board has appointed M/s Jain Sharma & Associates as Cost Auditors for the financial year ending March 31, 2027. The proposed remuneration is ₹75,000 plus applicable taxes and reimbursement of out-of-pocket expenses at actuals. This appointment requires member ratification pursuant to Section 148 of the Companies Act, 2013.
Voting Instructions
The remote e-voting period commences on Wednesday, September 23, 2026, at 9:00 am and ends on Friday, September 25, 2026, at 5:00 pm. Voting rights are proportional to shares held as on the cut-off date. Members who have not cast their vote via remote e-voting may exercise their rights during the meeting.
Historical Stock Returns for Paramount Communications
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.25% | +0.89% | -3.71% | +99.66% | +37.38% | 0.0% |
How might the proposed increase in Mr. Sandeep Aggarwal's remuneration to ₹2.5 crore influence shareholder sentiment and voting patterns at the AGM?
What strategic initiatives is Paramount Communications likely to pursue in FY27 given the re-appointment of its Managing Director?
How does the appointment of M/s Jain Sharma & Associates as Cost Auditors reflect the company's approach to regulatory compliance and operational efficiency?
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