Sandeep Aggarwal, MD & Promoter, Acquires 24,500 Shares of PARACABLES
Paramount Communications Limited (PARACABLES) announced that Mr. Sandeep Aggarwal, the Managing Director and Promoter, has acquired 24,500 equity shares of the company through open market purchases on...
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Why is Paramount Communications Limited in the news today?
Paramount Communications Limited (PARACABLES) is in the news due to the acquisition of shares by a promoter is a routine disclosure and does not inherently indicate a positive or negative outlook for the company. it reflects normal market activity by an insider.
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Sandeep Aggarwal, MD & Promoter, Acquires 24,500 Shares of PARACABLES
December 26, 2025, 12:07 PM
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Paramount Communications Limited (PARACABLES) announced that Mr. Sandeep Aggarwal, the Managing Director and Promoter, has acquired 24,500 equity shares of the company through open market purchases on December 26, 2025. This acquisition represents 0.01% of the total equity share capital.
Following this transaction, Mr. Aggarwal's total shareholding, along with his Persons Acting in Concert (PACs), has increased to 14,97,62,681 shares, constituting 49.07% of the total equity share capital. Prior to this acquisition, the promoter group held 14,97,38,181 shares, representing 49.06% of the company's equity.
The disclosure was made in accordance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The total equity share capital of the company remains 30,52,09,814 equity shares of face value ₹2 each.
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