Paramount Communications Limited — Important, 21-07-2025: General Updates

Paramount Communications' Board has approved key capital raising initiatives. The company is issuing Foreign Currency Convertible Bonds (FCCBs) for up to Rs. 135 Cr. Additionally, a preferential allotment of 50 lakh convertible warrants to the Promoter Group at Rs. 60/warrant is planned, raising Rs. 30 Cr. These funds are intended to strengthen the balance sheet and support future growth. An Extraordinary General Meeting will be convened for shareholder approval of these proposals, indicating management's strategic focus on funding expansion.