Paramount Communications Promoter Sanjay Aggarwal Acquires 28,000 Shares in Market Purchase

1 min read     Updated on 23 Dec 2025, 02:46 PM
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Reviewed by
Shriram SScanX News Team
Overview

Sanjay Aggarwal, Whole Time Director and Promoter of Paramount Communications Limited, acquired 28,000 equity shares through a market purchase on December 22, 2025. The transaction, valued at ₹9,92,317.20, was executed on the National Stock Exchange. This acquisition marginally increased the promoter group's shareholding from 49.03% to 49.04% of the total voting capital.

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*this image is generated using AI for illustrative purposes only.

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 Sanjay Aggarwal, who serves as Whole Time Director and Promoter.

Transaction Details

Sanjay Aggarwal acquired 28,000 equity shares through market purchase on December 22, 2025. The transaction was executed on the National Stock Exchange with a total value of ₹9,92,317.20.

Transaction Parameter Details
Acquirer Sanjay Aggarwal (Whole Time Director & Promoter)
Number of Shares 28,000
Transaction Value ₹9,92,317.20
Transaction Date December 22, 2025
Exchange National Stock Exchange
Mode Open Market Purchase

Shareholding Pattern Changes

The acquisition resulted in a marginal increase in the promoter group's shareholding. Before this transaction, Sanjay Aggarwal along with persons acting in concert held 14,96,55,181 shares, representing 49.03% of the total voting capital.

Shareholding Status Before Acquisition After Acquisition Change
Number of Shares 14,96,55,181 14,96,83,181 +28,000
Percentage Holding 49.03% 49.04% +0.01%
Voting Rights 49.03% 49.04% +0.01%

Persons Acting in Concert

The disclosure identifies multiple persons acting in concert with Sanjay Aggarwal, including:

  • Sandeep Aggarwal
  • Shashi Aggarwal
  • Kamla Aggarwal
  • Archana Aggarwal
  • Sanjay Aggarwal HUF
  • Dhruv Aggarwal
  • Parth Aggarwal
  • Tushar Aggarwal
  • Sandeep Aggarwal HUF
  • Shyam Sunder Aggarwal HUF
  • Parul Aggarwal
  • Paramount Telecables Limited
  • 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 and National Stock Exchange of India Limited. The disclosure was made in compliance with 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.

Historical Stock Returns for Paramount Communications

1 Day5 Days1 Month6 Months1 Year5 Years
+2.11%-0.58%-8.30%-33.33%-58.07%+387.07%
Paramount Communications
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Paramount Communications Boosts Employee Ownership with 1.76 Lakh Equity Share Allotment

1 min read     Updated on 10 Dec 2025, 12:23 PM
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Reviewed by
Jubin VScanX News Team
Overview

Paramount Communications, an Indian cable and wire industry player, has allotted 1,76,886 equity shares to employees under its Stock Incentive Plan. This increased the company's paid-up share capital from ₹61,00,65,856 to ₹61,04,19,628 and the number of equity shares from 30,50,32,928 to 30,52,09,814. The new shares will have equal rights as existing shares. This move aligns with the company's recent financial growth, with total assets increasing by 9.82% and shareholders' capital by 14.53% in FY 2025.

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*this image is generated using AI for illustrative purposes only.

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:

Aspect Before Allotment After Allotment Change
Paid-up Share Capital ₹61,00,65,856 ₹61,04,19,628 +₹3,53,772
Number of Equity Shares 30,50,32,928 30,52,09,814 +1,76,886

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:

Metric FY 2025 (₹ crore) YoY Change
Total Assets 907.80 +9.82%
Shareholders' Capital 717.20 +14.53%
Reserve & Surplus 655.00 +16.24%

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.

Historical Stock Returns for Paramount Communications

1 Day5 Days1 Month6 Months1 Year5 Years
+2.11%-0.58%-8.30%-33.33%-58.07%+387.07%
Paramount Communications
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