Paramount Communications Promoters Acquire Additional Shares on March 17, 2026

1 min read     Updated on 18 Mar 2026, 08:28 PM
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Radhika SScanX News Team
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Paramount Communications Limited disclosed promoter share acquisitions on March 17, 2026, with Whole Time Director Sanjay Aggarwal purchasing 15,276 shares for ₹5.08 lakh and Managing Director Sandeep Aggarwal acquiring 18,104 shares for ₹6.02 lakh through NSE. The sequential transactions increased the promoter group's collective shareholding from 49.16% to 49.18%, with individual stakes reaching 4.68% and 4.66% respectively.

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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.

Historical Stock Returns for Paramount Communications

1 Day5 Days1 Month6 Months1 Year5 Years
+11.87%-1.05%-8.30%-28.17%-37.65%+284.94%

Will Paramount Communications' promoters continue acquiring shares to reach the 50% threshold that would trigger mandatory open offer requirements?

How might this increased promoter confidence impact the company's strategic initiatives or expansion plans in the telecommunications sector?

Could these systematic share acquisitions signal potential delisting intentions or a move toward taking the company private?

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Paramount Communications Limited Publishes Q3FY26 Unaudited Financial Results

2 min read     Updated on 13 Feb 2026, 10:58 AM
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Shriram SScanX News Team
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Paramount Communications Limited published unaudited financial results for Q3FY26 and nine months ended December 31, 2025, showing revenue growth but declining profitability. Standalone revenue increased 19.16% to ₹460.42 crores in Q3FY26, while net profit dropped 66.89% to ₹7.46 crores. Nine-month revenue grew 27.29% to ₹1,338.86 crores with net profit of ₹39.72 crores. The Board approved results on February 12, 2026, with newspaper publications on February 13, 2026.

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Paramount Communications Limited has published its unaudited financial statements for the third quarter and nine months ended December 31, 2025, pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's Board of Directors approved these financial results at their meeting held on February 12, 2026.

Financial Performance Overview

The company's financial performance for Q3FY26 shows mixed results compared to the previous year. The detailed financial metrics demonstrate the company's operational trends across different reporting periods.

Metric Q3FY26 Q3FY25 Change Nine Months FY26 Nine Months FY25 Change
Standalone Results
Total Income from Operations ₹460.42 crores ₹386.39 crores +19.16% ₹1,338.86 crores ₹1,051.80 crores +27.29%
Net Profit After Tax ₹7.46 crores ₹22.53 crores -66.89% ₹39.72 crores ₹67.99 crores -41.58%
Consolidated Results
Total Income from Operations ₹460.92 crores ₹391.64 crores +17.70% ₹1,340.04 crores ₹1,068.58 crores +25.40%
Net Profit After Tax ₹7.48 crores ₹22.60 crores -66.90% ₹39.23 crores ₹68.24 crores -42.52%

Quarterly Performance Analysis

The third quarter of FY26 witnessed significant revenue growth on both standalone and consolidated basis. Standalone revenue from operations increased by 19.16% year-on-year to ₹460.42 crores, while consolidated revenue grew by 17.70% to ₹460.92 crores. However, profitability faced pressure during the quarter.

Net profit after tax on standalone basis declined substantially to ₹7.46 crores in Q3FY26 from ₹22.53 crores in the corresponding quarter of the previous year. Similarly, consolidated net profit dropped to ₹7.48 crores from ₹22.60 crores year-on-year.

Nine-Month Performance

For the nine-month period ended December 31, 2025, the company maintained strong revenue momentum. Standalone revenue reached ₹1,338.86 crores, representing a 27.29% increase from ₹1,051.80 crores in the corresponding period of FY25.

Despite revenue growth, nine-month profitability remained under pressure. Standalone net profit after tax was ₹39.72 crores compared to ₹67.99 crores in the previous year, while consolidated net profit stood at ₹39.23 crores against ₹68.24 crores.

Earnings Per Share and Capital Structure

Parameter Q3FY26 Nine Months FY26 FY25
Paid-up Equity Share Capital ₹61.04 crores ₹61.04 crores ₹61.01 crores
Basic EPS (₹2 face value) ₹0.24 ₹1.30 ₹2.85
Diluted EPS (₹2 face value) ₹0.24 ₹1.30 ₹2.85

The company's earnings per share for Q3FY26 stood at ₹0.24 on both basic and diluted basis, compared to ₹0.74 in the corresponding quarter of the previous year. For the nine-month period, EPS was ₹1.30 against ₹2.23 in the previous year.

Regulatory Compliance and Publication

The company fulfilled its regulatory obligations by publishing the unaudited financial results in leading newspapers. The financial statements appeared in 'Financial Express' and 'Jansatta' on February 13, 2026, as required under SEBI regulations.

Company Secretary and Compliance Officer Nitin Gupta signed the regulatory filing, confirming the Board's approval of the financial statements for the third quarter and nine months ended December 31, 2025. The complete financial results are available on the company's website and stock exchange platforms for stakeholder reference.

Historical Stock Returns for Paramount Communications

1 Day5 Days1 Month6 Months1 Year5 Years
+11.87%-1.05%-8.30%-28.17%-37.65%+284.94%
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