Paramount Communications Limited — Others, 21-05-2025: Change in Management

Paramount Communications has announced a board meeting outcome approving the audited financial results for the year ended March 31, 2025, with an unmodified auditor opinion. Standalone revenue stood at Rs. 157.6 Cr and profit after tax at Rs. 86.7 Cr, reflecting steady operational growth and strong cost control. The company appointed two Additional Non-Executive Independent Directors and accepted the resignation of a director due to health reasons, leading to reconstitution of key committees. It also reappointed its Cost and Internal Auditors and appointed a new Secretarial Auditor, all pending shareholder approval, underpinning governance enhancements.