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Paramount Communications LimitedBoard Meeting, 21-07-2025: Outcome of Board Meeting

21-07-2025 | 01:33 pm

Paramount Communications has announced a board meeting where key strategic decisions were made to boost its capital. The company plans to raise up to ₹135 Cr through Foreign Currency Convertible Bonds (FCCBs). Additionally, it will issue up to 50 lakh convertible warrants at ₹60 each to its promoter group, totaling ₹30 Cr. Shareholders will vote on these fundraising initiatives at an Extraordinary General Meeting on August 18, 2025. This move aims to strengthen the company's financial position and support future growth.

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