Paramount Communications Limited has disclosed a shareholding transaction by its promoter group under regulatory compliance requirements. The company informed stock exchanges about a market purchase of equity shares by Sandeep Aggarwal, who serves as Managing Director and Promoter.

Regulatory Disclosure Details

The disclosure was made on December 26, 2025, pursuant to 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 communicated the transaction details to both BSE Limited and National Stock Exchange of India Limited.

Transaction Details

Sandeep Aggarwal acquired 27,000 equity shares through open market purchase on December 24, 2025. The transaction was executed on the National Stock Exchange through open market purchase, representing a marginal increase in the promoter group's shareholding.

Shareholding Pattern Changes

The acquisition resulted in a marginal increase in the promoter group's shareholding. Before this transaction, Sandeep Aggarwal along with persons acting in concert held 14,97,11,181 shares, representing 49.05% of the total voting capital.

Persons Acting in Concert

The disclosure identifies multiple persons acting in concert with Sandeep Aggarwal, including family members and related entities. The comprehensive list includes Sanjay Aggarwal, Shashi Aggarwal, Kamla Aggarwal, Archana Aggarwal, and several HUFs including Sanjay Aggarwal HUF and Sandeep Aggarwal HUF. Corporate entities acting in concert include Paramount Telecables Limited and Hertz Electricals (International) Private Limited.

Company Information

Paramount Communications Limited has a total equity share capital of 30,52,09,814 shares with a face value of ₹2.00 each. The company's shares are listed on both BSE Limited (Scrip Code: 530555) and National Stock Exchange of India Limited (Symbol: PARACABLES). The company operates from Paramount House, KH-433, Maulsari Avenue, Westend Greens, Rangpuri, New Delhi-110037.

Paramount Communications , a key player in the Indian cable and wire industry, has taken a significant step to enhance employee engagement and align interests with shareholders. The company recently announced the allotment of 1,76,886 equity shares to employees under its Stock Incentive Plan, following the exercise of employee stock options (ESOPs).

Impact on Share Capital

This move has resulted in a modest increase in the company's paid-up share capital:

The newly allotted shares will rank pari-passu with the existing equity shares of the company, ensuring equal rights for all shareholders.

Financial Context

To put this allotment in perspective, let's look at some key financial metrics from Paramount Communications' recent balance sheet:

The company has shown robust growth in its balance sheet over the past year, with significant increases in shareholders' capital and reserves. This ESOP allotment, while relatively small in comparison to the overall capital structure, aligns with the company's strategy of fostering employee ownership and potentially driving long-term value creation.

Implications for Investors

1. Employee Alignment: The ESOP allotment suggests a focus on aligning employee interests with those of shareholders, potentially leading to improved performance and dedication.

2. Dilution Impact: The dilution effect on existing shareholders is minimal, with the new shares representing approximately 0.58% of the post-allotment share capital.

3. Long-term Strategy: This move may be part of a broader strategy to attract and retain talent in the competitive cable and wire industry.

Investors should view this development as a positive sign of the company's commitment to employee engagement and long-term value creation. However, as always, it's crucial to consider this information alongside other financial and strategic factors when making investment decisions.

Paramount Communications continues to demonstrate its focus on growth and employee empowerment, as reflected in both its financial performance and corporate actions like this ESOP allotment.