Sandeep Aggarwal, MD & Promoter, Acquires 27,000 Shares of Paramount Communications
Paramount Communications Limited has disclosed a significant transaction involving its Managing Director and Promoter, Mr. Sandeep Aggarwal. On December 24, 2025, Mr. Aggarwal, acting in his capacity ...
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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 the promoter is a routine disclosure under sebi regulations and does not inherently indicate a positive or negative outlook for the company.
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Sandeep Aggarwal, MD & Promoter, Acquires 27,000 Shares of Paramount Communications
December 26, 2025, 05:15 AM
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Paramount Communications Limited has disclosed a significant transaction involving its Managing Director and Promoter, Mr. Sandeep Aggarwal. On December 24, 2025, Mr. Aggarwal, acting in his capacity as a promoter, acquired 27,000 equity shares of the company through open market purchases. This acquisition represents a 0.01% increase in his shareholding.
Following this transaction, the total shareholding of Mr. Aggarwal and his Persons Acting in Concert (PACs) now stands at 14,97,38,181 equity shares, which constitutes 49.06% of the company's total voting capital. Prior to this acquisition, their combined holding was 14,97,11,181 shares, representing 49.05% of the voting capital. The company's total equity share capital remains 30,52,09,814 equity shares of face value ₹2 each.
The disclosure was made in compliance 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 announcement was broadcast on December 26, 2025.
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