Paramount Communications Limited — Important, 01-04-2025: General Updates

Ms. Malini Gupta has completed her second and final term as a Non-Executive Independent Director of Paramount Communications Limited, effective March 31, 2025. The Board expressed gratitude for her contributions during her tenure. Following her retirement, the company has reconstituted several board committees, appointing new members including Mr. Vijay Maheshwari as Chairperson of both the Audit and Nomination and Remuneration Committees. This leadership change could influence investor sentiment by signaling a shift in governance dynamics, which may present both risks and opportunities moving forward.