25-Jun-2026 17:02:16
PARACABLESGeneral news
PARAMOUNT COMMUNICATIONS : RECEIVES IN-PRINCIPLE APPROVAL FOR PREFERENTIAL ISSUE
• BSE and NSE have granted in-principle approval for the issuance of 2,19,97,664 equity shares at ₹42 per share and 72,00,000 convertible warrants at ₹42 per warrant. • The equity shares are priced at a face value of ₹2 each with a premium of ₹40 per share. • Warrants carry the right to subscribe to 1 equity share each at ₹42. • The issue is on a preferential basis and is to be made to non-promoters and promoters. • Both BSE and NSE letters are dated June 24, 2026, with the intimation letter dated June 25, 2026.
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