Paramount Communications logo

Paramount Communications CEO, MD, chairman, board of directors and AGM

NSE: PARACABLESBSE: 530555Industrial ProductsSmall Cap

Last close ₹57.66down ₹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
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 board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and chief executiveSanjay Aggarwal
  • Managing directorSandeep Aggarwal
  • Company Secretary and Compliance OfficerRashi Goel

6 directors4 independent2 executive

  • Sanjay Aggarwal · Chairperson and chief executiveExecutive · joined Nov 1994 · reappointed Mar 2024 · 1 listed board · 2 committee seats
  • Sandeep Aggarwal · Managing directorExecutive · joined Nov 1994 · reappointed Mar 2024 · 1 listed board · 1 committee seat
  • Vijay MaheshwariIndependent · joined Apr 2019 · reappointed Apr 2024 · 90 months as independent · 2 listed boards · 1 as independent · 2 committee seats, 1 as chair
  • Harish Pal KumarIndependent · joined Dec 2023 · reappointed Dec 2023 · 33 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 2 as chair
  • Sanjay Kumar SrivastavaIndependent · joined Jul 2025 · reappointed Jul 2025 · 15 months as independent · 1 listed board · 1 as independent
  • Anjali VermaIndependent · joined Jul 2025 · reappointed Jul 2025 · 15 months as independent · 1 listed board · 1 as independent

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

3 directors who left
  • Praveena Kala, left 13 Jul 2025: Tenure Completion
  • Narendra Kumar Goyal, left 16 May 2025: Others
  • Malini Gupta, left 31 Mar 2025: Tenure Completion

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 14 Aug 20266 of 6 present4 independent · 83 days in between
    • 22 May 20266 of 6 present4 independent · 8 days in between
    • 13 May 20266 of 6 present4 independent

  • Audit Committee

    Chair Vijay Maheshwari

    Harish Pal Kumar, Sanjay Aggarwal

    • 14 Aug 20263 of 3 present2 independent · 83 days in between
    • 22 May 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair Vijay Maheshwari

    Sanjay Kumar Srivastava, Anjali Verma

    • 14 Aug 20263 of 3 present3 independent · 92 days in between
    • 13 May 20263 of 3 present3 independent

  • Stakeholders Relationship Committee

    Chair Harish Pal Kumar

    Sanjay Aggarwal, Sandeep Aggarwal, Vijay Maheshwari

    No meeting listed in the filing.

  • Risk Management Committee

    Chair Sanjay Aggarwal

    Sandeep Aggarwal, Vijay Maheshwari

    • 14 Aug 20263 of 3 present1 independent

  • Corporate Social Responsibility Committee

    Chair Sanjay Aggarwal

    Sandeep Aggarwal, Vijay Maheshwari

    • 22 May 20263 of 3 present1 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • P. Bholusaria & Co., Chartered AccountantsPeer-review certificate valid to Mar 2029

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Paramount Communications AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Paramount Communications dividend history

Annual general meeting, 26 Sep 2026

1,31,258 shareholders on the register on 19 Sep 2026; present: 16 promoters and 98 others; votes counted by Abhishek Mittal / Abhishek Mittal & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and Statutory Auditors thereon and the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, and together with the Report of Statutory Auditors thereon.MoreLess
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.37%

    Turnout: all 52.08% · promoters 100.00% · institutions 50.58% · other public 5.08%

  2. To appoint a Director in place of Mr. Sandeep Aggarwal ( DIN:00002646) who retires by rotation and being eligible, offer himself for re-appointment.
    OrdinaryPromoters have an interest in it
    99.86% for0.14% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.37%

    Turnout: all 6.21% · promoters 0.00% · institutions 50.58% · other public 5.08%

  3. Ratification of Remuneration payable to M/s Jain Sharma & Associates, the Cost Auditors of the Company, for the financial year ending March 31, 2027.
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.37%

    Turnout: all 52.08% · promoters 100.00% · institutions 50.58% · other public 5.08%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 6 Jun 2026, 2 resolutions

1,36,173 shareholders on the register on 30 May 2026; present: 16 promoters and 82 others; votes counted by Abhishek Mittal / Abhishek Mittal & Associates.The company's voting result (opens in a new tab)

  1. Issuance of Equity Shares of the Company on a Preferential Basis
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.23%

    Turnout: all 54.45% · promoters 100.00% · institutions 2.17% · other public 10.78%

  2. Issuance of Unlisted Convertible Warrants of the Company on a Preferential Basis
    SpecialPromoters have an interest in it
    99.78% for0.22% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.23%

    Turnout: all 5.27% · promoters 0.00% · institutions 2.17% · other public 10.78%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 29 Sep 2025, 5 resolutions

1,50,192 shareholders on the register on 22 Sep 2025; present: 16 promoters and 70 others; votes counted by ABHISHEK MITTAL / ABHISHEK MITTAL & ASSOCIATES.The company's voting result (opens in a new tab)

  1. To consider and adopt the Annual Audited Financial Statements (Standalone and Consolidated) of the Company for the financial year ended March 31, 2025 including the Balance Sheet as on March 31, 2025, the statement of Profit and Loss and the Cash Flow Statement for the financial year ended on that date and the reports of the Board of Directors and Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.08%

    Turnout: all 52.09% · promoters 100.00% · institutions 2.36% · other public 6.12%

  2. To re-appoint Sh. Sanjay Aggarwal (DIN: 00001788), who retires by rotation and being eligible, offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.10%

    Turnout: all 3.03% · promoters 0.00% · institutions 2.36% · other public 6.12%

  3. To approve the continuation of Mr. Vijay Maheshwari (DIN: 00216687) as Non-Executive Independent Director of the Company, who shall attain the age of Seventy-Five (75) years
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.10%

    Turnout: all 52.09% · promoters 100.00% · institutions 2.36% · other public 6.12%

  4. To approve the appointment of Mr. Abhishek Mittal, a proprietor of M/s. Abhishek Mittal & Associates, Peer reviewed Practicing Company Secretaries, as Secretarial Auditor of the Company for a term of 5 (Five) consecutive yearsMoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.10%

    Turnout: all 52.09% · promoters 100.00% · institutions 2.36% · other public 6.12%

  5. Ratification of Remuneration payable to the Cost Auditors for the financial year ending March 31, 2026
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 52.09% · promoters 100.00% · institutions 2.36% · other public 6.12%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 18 Aug 2025, 4 resolutions

1,49,579 shareholders on the register on 11 Aug 2025; present: 16 promoters and 90 others; votes counted by ABHISHEK MITTAL / ABHISHEK MITTAL & ASSOCIATES.The company's voting result (opens in a new tab)

  1. To approve raising of funds by way of issuance of any eligible securities, including convertible debentures, foreign currency non-convertible securities, foreign currency convertible bonds, through permissible modes, including but not limited to public issue, qualified institutions placement, private placement, preferential issue or any other method or combination thereofMoreLess
    Special
    94.99% for5.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 70.06%

    Turnout: all 52.90% · promoters 100.00% · institutions 2.53% · other public 7.74%

  2. To issue warrants convertible into equal number of equity shares to entity belonging to promoter group on preferential basis
    SpecialNot passedPromoters have an interest in it
    30.92% for69.08% against

    Against: promoters 0.00% · institutions 0.00% · other public 70.06%

    Turnout: all 3.83% · promoters 0.00% · institutions 2.53% · other public 7.74%

  3. Appointment of Mr. Sanjay Kumar Srivastava (DIN: 01658754) as Non- Executive Independent Director
    Special
    94.99% for5.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 70.06%

    Turnout: all 52.90% · promoters 100.00% · institutions 2.53% · other public 7.74%

  4. Appointment of Mrs. Anjali Verma (DIN: 01165310) as Non- Executive Independent Director
    Special
    94.99% for5.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 70.06%

    Turnout: all 52.90% · promoters 100.00% · institutions 2.53% · other public 7.74%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 19 Sep 2024, 8 resolutions

Present: 17 promoters and 127 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the Annual Audited Financial Statements (Standalone and Consolidated) of the Company for the financial year ended March 31, 2024 including the Balance Sheet as on March 31, 2024, the statement of Profit and Loss and the Cash Flow Statement for the financial year ended on that date and the reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 58.52% · promoters 100.00% · institutions 77.87% · other public 14.36%

  2. To appoint Sh. Sandeep Aggarwal (DIN: 00002646), who retires by rotation as a director.
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 10.82% · promoters 3.26% · institutions 77.87% · other public 14.36%

  3. To Appoint Mr. Dhruv Aggarwal to the Office or Place of Profit in the Company.
    OrdinaryPromoters have an interest in it
    99.78% for0.22% against

    Against: promoters 0.00% · institutions 0.97% · other public 0.01%

    Turnout: all 10.82% · promoters 3.26% · institutions 77.87% · other public 14.36%

  4. To Appoint Mr. Tushar Aggarwal to the Office or Place of Profit in the Company
    OrdinaryPromoters have an interest in it
    99.78% for0.22% against

    Against: promoters 0.00% · institutions 0.97% · other public 0.01%

    Turnout: all 10.82% · promoters 3.26% · institutions 77.87% · other public 14.36%

  5. To Appoint Mr. Parth Aggarwal to the Office or Place of Profit in the Company.
    OrdinaryPromoters have an interest in it
    99.78% for0.22% against

    Against: promoters 0.00% · institutions 0.97% · other public 0.01%

    Turnout: all 10.82% · promoters 3.26% · institutions 77.87% · other public 14.36%

  6. Increase in Authorised Share Capital of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 58.52% · promoters 100.00% · institutions 77.87% · other public 14.36%

  7. To Approve Raising of Funds in one or more tranches, by Issuance of Equity Shares and/or Other Eligible Securities
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 58.52% · promoters 100.00% · institutions 77.87% · other public 14.36%

  8. Ratification of Remuneration payable to the Cost Auditors for the financial year ending March 31, 2025.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 58.52% · promoters 100.00% · institutions 77.87% · other public 14.36%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 11 Jan 2024, 4 resolutions

Present: 19 promoters and 67 others.The company's voting result (opens in a new tab)

  1. Increase of Authorised Share capital of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 56.34% · promoters 100.00% · institutions 0.00% · other public 7.26%

  2. Issue of Equity Shares to Non Promoters on Preferential Basis
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 56.34% · promoters 100.00% · institutions 0.00% · other public 7.26%

  3. Appointment of Shri Harish Pal Kumar (DIN: 01826010) as Non- Executive Independent Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 56.34% · promoters 100.00% · institutions 0.00% · other public 7.26%

  4. Appointment of Shri Narendra Kumar Goyal (DIN: 01963727) as Non- Executive Independent Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 56.34% · promoters 100.00% · institutions 0.00% · other public 7.26%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 28 Sep 2023, 8 resolutions

Present: 19 promoters and 81 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the audited financial statement of the Company for the financial year ended March 31, 2023 and the reports of the Board of Directors and Auditors thereon, and the audited consolidated financial statement of the Company for the financial year ended March 31, 2023 and the report of Auditors thereonMoreLess
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.68%

    Turnout: all 67.33% · promoters 100.00% · institutions 28.14% · other public 9.10%

  2. To appoint Sh. Sanjay Aggarwal (DIN: 00001788), who retires by rotation as a director
    OrdinaryPromoters have an interest in it
    99.31% for0.69% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.73%

    Turnout: all 3.43% · promoters 0.00% · institutions 28.14% · other public 9.10%

  3. Re-appointment of Mr. Vijay Maheshwari (DIN: 00216687) as an Independent Director of the Company
    Special
    99.97% for0.04% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.73%

    Turnout: all 67.33% · promoters 100.00% · institutions 28.14% · other public 9.10%

  4. Re-appointment of Mr. Sanjay Aggarwal (DIN: 00001788) as Whole Time Director of the Company
    SpecialPromoters have an interest in it
    99.31% for0.69% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.73%

    Turnout: all 3.43% · promoters 0.00% · institutions 28.14% · other public 9.10%

  5. Re-appointment of Mr. Sandeep Aggarwal (DIN: 00002646) as Managing Director of the Company
    SpecialPromoters have an interest in it
    99.32% for0.68% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.72%

    Turnout: all 3.43% · promoters 0.00% · institutions 28.14% · other public 9.09%

  6. Approval of Paramount Communications Limited Stock Incentive Plan, 2023 and grant of employee stock options to the eligible employees of the Company(ies)
    Special
    99.65% for0.35% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.73%

    Turnout: all 67.33% · promoters 100.00% · institutions 28.14% · other public 9.10%

  7. Approval of Paramount Communications Limited Stock Incentive Plan, 2023 and grant of employee stock options to the eligible employees of the Subsidiary Company(ies)
    Special
    99.65% for0.35% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.75%

    Turnout: all 67.33% · promoters 100.00% · institutions 28.14% · other public 9.10%

  8. Ratification of Remuneration payable to the Cost Auditors for the financial year ending March 31, 2024
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.71%

    Turnout: all 67.33% · promoters 100.00% · institutions 28.14% · other public 9.10%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 11 Jan 2023, 2 resolutions

Present: 19 promoters and 322 others.The company's voting result (opens in a new tab)

  1. Increase of Authorised share capital of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.67%

    Turnout: all 62.31% · promoters 100.00% · institutions 0.00% · other public 0.50%

  2. Issue of Equity warrants convertible into equal number of equity shares to non-promoter on preferential basis
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.69%

    Turnout: all 62.31% · promoters 100.00% · institutions 0.00% · other public 0.50%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 28 Sep 2023, 1 fund house

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • Approval of Paramount Communications Limited Stock Incentive Plan, 2023 and grant of employee stock options to the eligible employees of the Company(ies)
    1 for0 against
7 proposals not matched to one resolution
  • Item 1, as a fund house numbered it
    1 for0 against
  • Item 2, as a fund house numbered it
    Against Taurus Mutual Fund
    • Taurus Mutual FundOur view is linked to resolution #6.
    0 for1 against
  • Item 3, as a fund house numbered it
    Against Taurus Mutual Fund
    • Taurus Mutual FundPCL SIP 2023 has a pool size of 7,500,000 options resulting in an overall dilution of ~2.6% on the expanded capital base (including outstanding warrants). The exercise price can be market price or a price at a discount to market price. The exercise price can be as low as face value (Rs. 2.0) representing a discount of ~97.1% to the current market price. Stock options are ‘pay at risk’ options that employees accept at the time of grant, which is protected if the ESOPs are issued at significant discount. Issuance of stock options at a significant discount to market price does not align the interests of shareholders with those of employees unless the options vest based on clear performance based parameters. In case of PCL SIP 2023, the vesting is primarily linked to time based condition and NRC has the discretion to determine any additional performance conditions. Since vesting under PCL SIP 2023 is not mandatorily linked to performance criteria, we are unable to support the resolution. Further, NRC has the power to reprice the options in case of fall in market value; by repricing, the company can safeguard the employees against the downside risk, a protection that is not afforded to the company’s shareholders.
    0 for1 against
  • Item 4, as a fund house numbered it
    1 for0 against
  • Item 5, as a fund house numbered it
    1 for0 against
  • Item 7, as a fund house numbered it
    1 for0 against
  • Item 8, as a fund house numbered it
    1 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.