Paramount Communications share news and announcements

NSE: PARACABLESBSE: 530555Industrial ProductsSmall Cap

₹57.66₹2.40 (4.00%)BSE ₹57.67

Share price at the NSE close on 23 Oct 2026. Previous close ₹60.06.

52-week range of traded prices to 23 Oct 2026

₹28.30Low, 30 Mar 2026₹75.70High, 2 Jul 2026

Next results date: the board meets on 26 Oct 2026 to consider: financial results.

Market cap: ₹1,887 Cr1,338th largest listed
P/E: 31.0
P/B: Shares changed
Dividend yield: Nonein the last 12 months
ROE: 8.2%
ROCE: 7.8%
Debt to equity: 0.15
Volume, NSE: 28,13,09228.5% delivered

Paramount Communications share news and announcements

606 announcements, routine notices left out, newest first. Page 12 of 13.

Nov 2009
- 9 Nov · Board meeting
  Following decisions were taken at the Board Meeting of the Company held on October 31, 2009: (1) Approved the proposal to issue 5,000,000 warrants convertible into equity shares on preferential basis to the Promoter(s) /Promoters group in accordance with SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2009 and subject to approval of shareholders.
Oct 2009
- 21 Oct · Board meeting
  Meeting on 31 Oct 2009: “Unaudited Financial Results for the Qtr ended Sept 30, 2009/Unaudited Financial Results/Others”
- 20 Oct · Updates
  The Company has cancelled US$ 8.5 million 1% Foreign currency Convertible Bonds of US$ 5,000 each out of the US$27 million Foreign Currency convertible Bonds due 2011 issued by the Company on 22nd November, 2006. The said Bonds were repurchased in accordance with RBI Circular AP (DIR Series) Circular No. 39 dated 08.12.2008 and AP (DIR Series) Circular No. 58 dated 13.03.2009 related to Buyback/prepayment of Foreign Currency Convertible bonds (FCCBs). The details of repurchase and cancellation of the Bonds are as under: Tranche 1 : No. of Convertible FCCBs repurchased and cancelled : 1700. The principal amount of the Bonds outstanding after this repurchase and cancellation of bonds is US$ 18.5 million
- 15 Oct · Meeting
  Proceedings of the Annual General Meeting of the Company for the year 2008-09 held on September 17, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Sep 2009
- 17 Sep · Meeting
  Following business were transacted at the Annual General Meeting of the Company held on September 17, 2009: 1) The Balance-Sheet, Profit & Loss Account for the year ended March 31, 2009 and the report of the Board of Directors and Auditors thereon and other papers as may be required to be annexed or attached thereto, were approved and adopted. 2) Mr. Vijay Bhushan has been re-appointed as the Director of the company. 3) Mr. Sanjay Aggarwal has been re-appointed as the Director of the company. 4) M/s Jagdish Chand & Co., Chartered Accountants, New Delhi, has been re-appointed as the Statutory Auditors of the company to hold office from the conclusion of this AGM till the conclusion of the next AGM. 5) The appointment of Mr. Sanjay Aggarwal as Chairman & CEO for a period of 3 years w.e.f. November 01, 2009 has been duly approved. 6) The appointment of Mr. Sandeep Aggarwal as Managing Director for a period of 3 years w.e.f. November 01, 2009 has been duly approved.
Aug 2009
- 11 Aug · Limited Review Report
  Auditors have conducted the limited review for the un-audited financial results for the quarter ended June 30,2009 . A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jul 2009
- 29 Jul · Meeting
  Meeting of the Board of Directors of the Company held on July 29, 2009 consider the following : (1) The Annual General Meeting of the Company will be held on September 17, 2009. (2) The Book Closure for the purpose of Annual General Meeting shall be from September 14, 2009 to September 17, 2009 (both days inclusive).
- 16 Jul · Board meeting
  Meeting on 29 Jul 2009: “Unaudited Financial Results for the Qtr ended June 30, 2009”
- 9 Jul · Business
  Following: "Launch of Housewiring Cables in Domestic Market". The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jun 2009
- 19 Jun · Board meeting
  To consider inter-alia, the audited financial results for the year ended on March 31, 2009.
Apr 2009
- 27 Apr · Results
  Company will publish Audited Financial results for the year ended March 31, 2009 by June 30, 2009. Thus, the unaudited financial results for the last quarter ended March 31, 2009 will not be published.
Feb 2009
- 12 Feb · Limited Review Report
  Auditors have conducted the limited review for the un-audited financial results for the quarter ended December 31,2008.A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
- 11 Feb · Disclosure
  Disclosure pursuant to Regulation 8A(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 based on the disclosures of pledge shares received by the Company from Mr. Sanjay Aggarwal, promoter of the Company. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jan 2009
- 13 Jan · Board meeting
  Meeting on 30 Jan 2009: “Unaudited Financial Results for the qtr ended Dec 31, 2008”
Nov 2008
- 19 Nov · Limited Review Report
  Auditor's have conducted the limited review of the unaudited financial results for the quarter ended September 30, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Oct 2008
- 21 Oct · Board meeting
  Company had informed the Exchange regarding a Board Meeting scheduled to be held on October 22, 2008. The Company has now informed the Exchange vide its letter dated October 20, 2008, that as the financials of the AEI Cables Limited, U.K., a subsidiary of the Company are delayed and shall be finalised within a week time. The Board meeting scheduled on October 22, 2008 is therefore rescheduled and will now be held on October 31, 2008, to consider inter-alia the financial results for the quarter ended September 30, 2008.
- 10 Oct · Board meeting
  Meeting on 22 Oct 2008: “Unaudited financial results for qtr ended September 30, 2008”
- 3 Oct · Meeting
  Proceedings of the Annual General Meeting of the Company held on September 17, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Sep 2008
- 17 Sep · Meeting
  Outcome of the Annual General Meeting of the company held on September 17, 2008. The details of the business transacted at the Annual General Meeting shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
- 8 Sep · Limited Review Report
  Paramount Communications Ltd had submitted to the Exchange a copy of limited review of the Unaudited financial results for the quarter ended June 30, 2008, conducted by the Auditors. The Company has now informed the Exchange that Statutory Auditors has pointed out a correction to limited review report on the unaudited consolidated financial results dated August 22, 2008 for the period ended June 30, 2008. Further, the Company has submitted to the Exchange a copy of a letter received from the statutory Auditors in this regard. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
- 4 Sep · Dividend
  Designated date for the purpose of payment of dividend for the year 2007-08 is "September 29, 2008", if declared at the ensuing Annual General Meeting of the company to be held on September 17, 2008. The company has appointed Standard Chartered Bank, along with its associate bank to handle dividend payment for the year 2007-08. The payment of dividend will be made through ECS to the shareholders whose bank details are available with the company through RBI centres and other shareholders will be paid the dividend through issue of dividend warrants payable at par at all the branches of Standard Chartered Bank or at its associate bank in India.
Aug 2008
- 26 Aug · Limited Review Report
  Auditor's have conducted the limited review of the Unaudited financial results for the quarter ended June 30, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jul 2008
- 31 Jul · Meeting
  Annual General Meeting of the Company will be held on September 17, 2008. The Book Closure for the purpose of Annual General Meeting and for determining the eligibility for payment of dividend shall be from September 13, 2008 to September 17, 2008 (both days inclusive).
- 18 Jul · Board meeting
  Meeting on 30 Jul 2008: “Unaudited Financial Results for the Qtr ended June 30, 2008”
Jun 2008
- 30 Jun · Dividend
  Board of Directors of the Company at its meeting held on June 30, 2008 has recommended a dividend of 20% on equity Shares of face value of Rs. 2/- each for the financial year ended March 31, 2008.
- 9 Jun · Board meeting
  To consider, inter-alia, the audited financial results for the year ended on March 31, 2008.
Apr 2008
- 21 Apr · Updates
  Vide its letter dated April 18, 2008 that : "The Board Meeting of the Company was held today, and inter-alia the following decisions were taken there at :- 1) The Board has decided to withdraw its approval for the issuance of 91,00,000 Zero Coupon Convertible Warrants to the promoters of the Company due to the technicalities involved in the terms and conditions attached to Foreign Currency Convertible Bonds issued by the Company on 22.11.2006. The said item was approved earlier in its meeting held on 30.01.2008 subject to the approval of shareholders in general meeting. 2) The Board has further decided not to change the name of the Company. The Board had earlier approved the change in the name of the Company subject to the approval of the shareholders from "Paramount Communications Ltd." to "Paramountcables Infratech Ltd". 3) Since the above business are dropped, no extra ordinary general meeting is required to be held."
- 16 Apr · Results
  The Company will publish Audited Financial results for the year ended 31st March, 2008 on or before 30th June, 2008. Thus the unaudited financial results for the last quarter ended 31st March, 2008 will not be published.
Feb 2008
- 8 Feb · Utilisation of Funds
  Vide notes to Accounts in the Unaudited Financial Results for the quarter ended December 31,2007 (taken on record by the Board of Directors of the Company at its meeting held on January 30, 2008) that : "Out of the funds raised through Foreign Currency Convertible Bonds (FCCBs) Rs. 10921 Lakhs has been utilised till 31st December, 2007".
- 8 Feb · Meeting
  Paramount Communications Ltd had informed the Exchange regarding intimation of Extra ordinary General Meeting (EGM) to be held on March 03, 2008. The Company has now informed the Exchange that "The aforesaid EGM is required to rescheduled. The exact day, date, time and venue for holding the said EGM will be intimated".
- 1 Feb · Meeting
  An Extra Ordinary General Meeting of the members of the Company will be held on March 03, 2008, to transact the following business: (1) To approve creation, offer and allotment of 91,00,000 Zero Coupon Convertible Warrants convertible into 91,00,000 equity shares of Rs.2/- each to the promoters/ promoter group on preferential basis without offering the same to the existing shareholders of the Company under Section 81(1A) of the Companies Act, 1956 at a price based on relevant date i.e. February 02, 2008 as per the Guidelines on Preferential Issues given in SEBI (Disclosure & Investor Protection) Guidelines, 2000. (2) To approve the change of name of the Company to "PARAMOUNTCABLES INFRATECH LIMITED".(3) To approve alteration of Memorandum of Association of the Company to give effect to change in the name of the Company. (4) To approve alteration of Articles of Association of the Company to give effect to change in the name of the Company. The "relevant date" for the purpose of pricing of the above said Zero coupon convertible Warrants shall be February 02, 2008 i.e. 30 days prior to the date of Extra ordinary General Meeting.
Jan 2008
- 30 Jan · Board meeting
  Inter-alia the following decisions were taken at the Meeting of the Board of Directors of the Company held on January 30, 2008: 1) The Board of Directors has decided, subject to the approval of shareholders in general meeting to issue, offer and allot 91,00,000 Zero Coupon convertible warrants to the promoters/promoter group convertible into 91,00,000 equity shares of Rs. 2/- each on preferential basis under SEBI (Disclosure and Investor Protection) Guideline, 2000. 2) The Board of Directors has approved the change of name of the Company to "PARAMOUNTCABLES INFRATECH LIMITED" subject to the approval of shareholders in general meeting. 3) The Board has decided to defer the Employee Stock Option Scheme for the time being.
- 21 Jan · Board meeting
  To consider, inter-alia the following items:- 1) Unaudited financial results for the quarter ended December 31, 2007. 2) Issue of warrants/ convertible warrants/ equity shares/ any other instrument on preferential basis under SEBI (Disclosure and Investors Protection) Guidelines, 2000 subject to approval of members of the company.
Oct 2007
- 22 Oct · Board meeting
  Meeting on 30 Oct 2007: “Unaudited Financial Results for the Qtr ended Sept 30, 2007”
- 1 Oct · Meeting
  Minutes of the Annual General Meeting of the Shareholders of the Company held on September 17, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Sep 2007
- 17 Sep · Meeting
  Following business were transacted at the Annual General Meeting of the Company held on September 17, 2007: 1) Dividend @ 20% on the equity share capital of the company as recommended by the board of directors is approved by the members of the company for the year ended March 31, 2007; 2) Mr. Vijay Bhushan has been re-appointed as the Director of the company; 3) Mr. Sanjay Aggarwal has been re-appointed as Director of the company; 4) M/s Jagdish Chand & Co., Chartered Accountants, New Delhi, has been re-appointed as the Statutory Auditors of the company to hold office from the conclusion of this AGM till the conclusion of the next AGM; 5) Increase in FII holdings/sub-holdings excluding NRIs to the extent of 49% of the paid-up share capital of the company has been approved by the members of the company.
- 14 Sep · Miscellaneous
  The Company has commenced land development and civil construction on 25 acres of land in Khushkhera Industrial Area, Distt. Alwar, Rajasthan for setting up of a new manufacturing for Power Cables in accordance with the 3rd phase expansion plan of the Company. The said land is located just opposite to the existing plant of the company and has been recently allotted to the Company by RIICO, Rajasthan. The main objective of this land acquisition is to embark on further expansion by induction of additional capacity in Power Cables
- 10 Sep · Dividend
  The designated date for the purpose of payment of dividend for the year 2006-07 is "28th September 2007", if declared, at the ensuing Annual General Meeting of the company to be held on 17th September 2007
- 4 Sep · Business
  Acquisition of the business of AEI Cables, UK in an all cash deal. AEI Cables has a turnover of approximately GBP 65 million (INR 533 crores). Elara Capital Plc, a London- based mid-market advisor, was the sole corporate finance adviser for this transaction. This is Elara Capital's first cross border transaction involving two listed companies. Paramount has a strong presence in India and is the key cable player in all infrastructure sectors including power, railways, telecom and industrial projects. AEI Cables is a leading manufacturer of cables solutions to global markets and is a wholly owned subsidiary of the international electronic sensors and components group TT Electronics plc, listed on The London Stock Exchange. Cables supplied to the defence, rail, power and mining sectors are specialist cables manufactured with the proprietary know how of AEI, developed over the last few decades. Also, AEI has world class cutting edge research and development facilities which positions AEI to meet the ever changing demands of customers for these specialist cables. AEI cables traces its history back to the year 1837 when WT Henley started manufacturing covered wires in London and the year 1858 when Sir William Siemens founded Siemens and Halske to manufacture submarine cables. AEI was formed by the Edison Swan Electric Company in 1929, which, over the years merged with the cables businesses of Siemens Brothers and Henley's. AEI Cables became a part of the General Electric Company Group in 1967 and was acquired by TT electronics plc in 1997. Cables are manufactured at the production facility at Birtley, near Newcastle - upon - Tyne in the North East of England. AEI Cables is one of the oldest, well recognized and respected brands in the UK and other markets worldwide. The Company has strong long term relationships with major UK customers. The acquisition of AEI Cables by Paramount will: 1) Make Paramount the largest listed Indian company in the cable industry with an annual turnover of over INR 1,100 crores. 2) Significantly strengthen its product range for infrastructure segments such as Railways, Mining, Power and Defense in India and the UK. 3) Enable faster expansion in International Markets such as Far East, Middle East and Africa, where the AEI brand is well established. 4) Access to cutting edge technical know how to continue developing new range of products to keep its competitive edge in India and internationally. 5) Significantly strengthen the consolidated balance sheet of Paramount and is accretive to the net worth by about INR 110 crores. 6) The acquisition is substantially funded through borrowings by Paramount's new wholly-owned UK subsidiary against the AEI Cables assets which it has acquired, without recourse to Paramount. Paramount is only infusing INR 25 crores out of the proceeds of FCCBs. Further, a copy of the Media Release dated September 03, 2007 titled as "Paramount Communications acquires UK based AEI Cables" shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Aug 2007
- 31 Aug · News Verification
  News Verification : The media had reports that Paramount Communications Ltd may acquire UK based AEI Cables for around Rs 260 crore. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Paramount Communications Ltd has vide its letter inter-alia stated, "We would like to inform that the Board of the Company is meeting today to consider the proposed acquisition. We will update and keep the Stock Exchange informed in this regard."
Jul 2007
- 31 Jul · Utilisation of Funds
  Out of the funds raised through Foreign Currency Convertible Bonds (FCCBs) Rs. 3878 Lakhs has been utilised till 30th June, 2007
- 28 Jul · Meeting
  Inter-alia the following decisions were taken on record at the Meeting of the Board of Directors held on July 27, 2007: (1) The Annual General Meeting of the Company will be held on September 17, 2007.(2) The Book Closure for the purpose of Annual General Meeting and for determining the eligibility for payment of dividend shall be from September 13, 2007 to September 17, 2007 (Both days inclusive). (3) The Board has decided to increase the FII holding/sub holdings excluding NRIs sub holding to 49% of the paid-up capital of the Company subject to the approval of the shareholders in the ensuing Annual General Meeting.
- 17 Jul · Board meeting
  Meeting on 27 Jul 2007: “Unaudited financial results for quarter ended June 30, 2007”
Jun 2007
- 26 Jun · Utilisation of Funds
  With respect to the Board Meeting held on June 23, 2007 that: "Out of the funds raised through Foreign Currency Convertible Bonds (FCCBs) Rs.2483 lacs has been utilised till 31st March 2007".
- 25 Jun · Dividend
  Board of Directors of the Company at its meeting held on June 23, 2007 has recommended a dividend of 20% for the financial year ended on March 31, 2007.
- 4 Jun · Board meeting
  To inter-alia consider the following business: 1) To approve annual audited financial accounts and financial results for the year ending March 31, 2007. 2) To consider the payment of dividend for the year 2006-07.
May 2007
- 17 May · E-mail ID for Investor Complaints
  The Company has created an e-mail ID [email protected] exclusively for the purpose of registering complaints from the investors.
Apr 2007
- 23 Apr · Results
  Company shall publish Audited Financial Results within a period of 3 month for the year ended on March 31, 2007.
Mar 2007
- 15 Mar · Board meeting
  Board of Directors of the Company in its meeting held today (i.e. 14th March, 2007) inter alia allotted 1,35,00,000 equity shares of Rs. 2/- (post split) each upon conversion of Zero Coupon Convertible Warrants (ZCCWs) at a price of Rs. 10.80 per share to the following bodies corporate (other than Promoters/Directors of the Company). (1) Name of Allottee : S.P.P. Finlease India Ltd. , No. of Shares Allotted : 33,75,000; (2) Name of Allottee : Mathran Share & Securities Pvt. Ltd.. , No. of Shares Allotted : 33,75,000; (3) Name of Allottee : Mass Estate Pvt. Ltd.. , No. of Shares Allotted : 33,75,000; (4) Name of Allottee : Life Secured.com Pvt.Ltd. , No. of Shares Allotted : 33,75,000; The Above ZCCWs were issued to these bodies corporate on September 15, 2005 on preferential basis in accordance with SEBI (Disclosure & Investor Protection) Guidelines. The said warrants were issued at a price of Rs. 54/- per warrants and each warrant entitles the holder to get one equity share of Rs. 10/- in lieu thereof. The number of equity shares allotted and the issue price has been adjusted after giving effect to the sub-division of face value of equity share from Rs. 10/- each to 5 (five) equity shares of Rs. 2/- each. The issued, subscribed & Paid-up share capital of the company post allotment stands Rs. 16,90,13,930/-.
Feb 2007
- 28 Feb · Board meeting
  To inter alia consider and allot 1,35,00,000 fully paid up equity shares of Rs.2/- each (post split) to the Zero Coupon Convertible Warrant (ZCCWs) holders upon conversion of 27,00,000 ZCCWs into equity shares of the Company. The Said 27,00,000 ZCCWs were issued on 15.09.2005 and are convertible into equity shares of Rs.10/- each (pre-split) on one to one basis however, the number of shares to be issued upon conversion of said ZCCWs into equity shares has been calculated after adjustment on account of sub-division of face value of each equity share from Rs.10/- each to 5 (five) equity shares of Rs.2/- each.

Paramount Communications share news and announcements

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