FilingReader Intelligence

Paramount Communications to Raise Capital via Bonds and Warrants

July 21, 2025 at 08:20 AM UTCBy FilingReader AI

Paramount Communications' Board of Directors approved raising up to INR 135 crores via foreign currency convertible bonds (FCCBs). Additionally, the company plans a preferential allotment of up to 50,00,000 convertible warrants to the Promoter Group at INR 60/- per warrant, convertible into equity shares within 18 months. An Extra Ordinary General Meeting is scheduled for August 18, 2025, to seek shareholder approval for these proposals.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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