Paramount Communications Ltd. — Capital/Financing Update 2025

Jul 21, 2025

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July 21, 2025

BSE Limited The National Stock Exchange of India Ltd. Listing Department, Listing Department, 1st Floor, New Trading Ring, Exchange Plaza, 5th Floor, Plot no. C/1, G Block Rotunda Building, P J Towers, Bandra-Kurla Complex, Dalal Street, Fort, Mumbai - 400 00 I Sandra (E), Mumbai-400 051

Symbol/Scrip Code: CSE) 530555 / ( SE) PARACABLES

Subject: Outcome of Board Meeting under Regulation 30 of lhe Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 C"SEBI Listing Regulations")

Dear Sirs.

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (hereinafter referred as the ·'Listing Regulations"), we wish to infonn that the Board of Directors of the Company at their meeting held today. has considered and approved the following:

• a) Issuance of foreign currency convertible bond (FCCB), through pennissible modes, listed or unlisted, for an amount not exceeding Rs. I 35 crores, in one or more tranches, subject to such approvals as may be required including that of shareholders / regulatory and statutory approvals;

In order to give effect to the above, the Board has constituted and authorized the Fund-Raising Committee of the Board to, inter-alia, decide the terms and conditions of the proposedfimd raising and including but not limited to other incidental matters connected thereto.

• b) Preferential allotment of convertible warrants to Promoter Group Category To issue and allot upto 50,00,000 Convertible Warrants ('"Warrants'') on a preferential basis to Promoter Group towards raising of additional capital by the Company pursuant to Section 42, 62 of the Companies Act, 2013 and in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirement) Regulations, 2018 ("SEBI ICDR Regulations"), as amended, and other applicable laws, at such price as determined in accordance with Chapter V of the SEBI ICDR Regulations as amended, subject to the approval of regulatory/ statutory authorities and the shareholders of the Company in its Extra Ordinary General Meeting.

• c) The Notice of Extra Ordinary General Meeting of the Company to be held on August 18, 2025, for seeking approval of shareholders for the aforesaid items.

• d) Appointment of Mr. Abhishek Mittal (Membership No.: f7273). Practicing Company Secretary, as the Scrutinizer for conducting "Remote E voting'' and "E- voting during the EGM" process for ensuing Extra Ordinary General Meeting.

• e) Cut-off date for determining the eligibility to vote by electronic means for the purpose of Extra Ordinary General Meeting shall be August 11, 2025.

The Meeting commenced at 11 :30 A.M. and concluded at 01:18 P.M.

Please take the above infonnation on record.

Thanking you.

Yours faithfully,

for Paramount Communications Limited

Paramount Communications Ltd

Paramount House KH - 433, Maulsari Avenue, Westend Greens, Rangpuri. New Delhi - 110037, India t: +91 11 45618800 pcl@paramountcables.com ww .paramountcables.com GIN: L74899DL1994PLCC61295

NITIN Digitally signed by NITIN GUPTA GUPTA Date: 2025.07.21 13:20:18 +05'30' Nitin Gupta Company Secretary and Compliance Officer

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NITIN
GUPTA
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Digitally signed by NITIN GUPTA Date: 2025.07.21 13:21:02 +05'30'