Paramount Communications director boosts stake with open market share purchase

Sandeep Aggarwal, managing director and promoter of Paramount Communications Limited, along with persons acting in concert (PACs), acquired 27,000 equity shares of the company on December 24, 2025. This transaction, executed via open market purchase on the National Stock Exchange of India (NSE), increased their total shareholding by 0.01% from 49.05% to 49.06%.

The acquisition details were disclosed pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015. The shares were acquired at a value of Rs. 985,270.5.

Before this acquisition, Aggarwal and PACs held 14,97,11,181 shares, representing 49.05% of the total voting capital. Following the acquisition, their holding stands at 14,97,38,181 shares, or 49.06% of the total equity share capital of 30,52,09,814 equity shares.