Paramount Communications Ltd. — Proxy Solicitation & Information Statement 2026

Jun 1, 2026

01st June,2026

| The Corporate Relationship Department
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai - 400001 | The General Manager- Listing
National Stock Exchange of India Limited
“Exchange Plaza”,
Bandra-Kurla Complex, Bandra (East),
Mumbai - 400051 |
| --- | --- |

Symbol/Scrip Code: (BSE)530555/(NSE) PARACABLES

Subject: Corrigendum to the Notice of Extra Ordinary General Meeting.

Dear Sir/Madam,

In reference to the captioned subject and in continuation of our intimation dated 15th May, 2026 regarding the Notice convening the Extraordinary General Meeting (“EGM”) of the Company dated 13th May, 2026 (“EGM Notice”), scheduled to be held on Saturday, 06th June, 2026 at 12:30 P.M. IST, we wish to inform you that a Corrigendum to the EGM Notice (“Corrigendum”) is being sent today, i.e., Monday, 1st June, 2026, through email to Members whose names appear in the Register of Members/list of Beneficial Owners as of May 30, 2026, and whose e-mail addresses are registered with the Company/Depositories.

A copy of the detailed Corrigendum is enclosed herewith for your ready reference. The Corrigendum to the EGM Notice shall form an integral part of the EGM Notice, the EGM Notice shall always be read in conjunction with this Corrigendum. All other contents of the EGM Notice, save and except as modified or supplemented by Corrigendum, shall remain unchanged.

The e-voting period commences on Wednesday, 3rd June, 2026 (09.00 A.M. IST) and ends on Friday, 5th June, 2026 (05.00 P.M. IST).

Copy of the said corrigendum to the EGM Notice is uploaded on the website of the Company i.e www.paramountcables.com.

Thanking you,

Yours sincerely,

For Paramount Communications Limited

Rashi Goel
Digitally signed by Rashi Goel
Date: 2026.06.01 19:34:23
+05'30"

Rashi Goel
Company Secretary & Compliance Officer

Paramount Communications Ltd
Paramount House
KH - 433, Maulsari Avenue,
Westend Greens. Rangpuri,
New Delhi - 110037, India
t: +91 11 45618800
pcl@paramountcables.com
www.paramountcables.com
CIN: L74899DL1994PLC061295

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PARAMOUNT WIRES & CABLES

PARAMOUNT COMMUNICATIONS LIMITED

(Corporate Identity Number: L74899DL1994PLC061295)

Registered Office: KH-433, Maulsari Avenue, Westend Greens, Rangpuri, New Delhi-110037

Tel: +91 11 45618800, 900

Website: www.paramountcables.com; E-mail: investors@paramountcables.com

CORRIGENDUM TO THE NOTICE OF EXTRA ORDINARY GENERAL MEETING OF PARAMOUNT COMMUNICATIONS LIMITED (CIN: L74899DL1994PLC061295) (“THE COMPANY”), WILL BE HELD ON SATURDAY, JUNE 06, 2026, AT 12:30 P.M. THROUGH VIDEO CONFERENCING ('VC') / OTHER AUDIO-VISUAL MEANS ('OAVM').

This Corrigendum is being issued in continuation of the Notice dated May 13, 2026 for the Extra Ordinary General Meeting (“EGM”) of the Company scheduled to be held on, Saturday, June 06, 2026, At 12:30 P.M. Through Video Conferencing ('VC') / Other Audio-Visual Means ('OAVM'). The Corrigendum to the EGM Notice is being sent by electronic mode only to Members whose names appear in the Register of Members/list of Beneficial Owners as of May 30, 2026, and whose e-mail addresses are registered with the Company/Depositories. Except for the changes as under, all contents of the Notice of the EGM to the Shareholders remain the same.

The Company had filed applications respectively with the stock exchanges namely BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE”) for seeking in-principle approval in relation to the proposed preferential issue of 2,19,97,664 (Two Crore Nineteen Lakhs Ninety Seven Thousand Six Hundred Sixty Four) equity shares & 72,00,000 (Seventy Two Lakhs) Unlisted Convertible Warrants of for which the approval of the shareholders is being sought. Subsequently, the Company has received observations from NSE, pursuant to which there are following changes made in Notes and Explanatory Statement of the EGM Notice:

1. Addition to the Notes of EGM with respect to details of e-voting start date and end date

The remote e-voting period commences from 9.00 a.m. (IST) on Wednesday, June 03,2026 and ends at 5.00 p.m. (IST) on Friday, June 05,2026.

1. Revision in point iii. of explanatory statement under the heading, Interim Use of Issue Proceeds:

Our Company, in accordance with the policies formulated by our Board from time to time, will have flexibility to deploy the Issue Proceeds. Pending complete utilization of the Issue Proceeds for the Objects described above, our Company intends to, inter alia, invest the Issue Proceeds in deposits with scheduled commercial banks, securities issued by government of India, money market instruments, or any other investments as permitted under applicable laws.

1. Revision in point xvii, under the heading “Shareholding pattern”:

The Shareholding pattern of the Company before and after the allotment of securities under the preferential issue:

The shareholding pattern of the Company before and after the proposed preferential issue is likely to be as follows:

| Sr. No/ A. | Category
Promoter Holding | Pre Issue as on 08.05.2026 | | Post Issue (Assuming conversion of all Warrants to Equity Shares) | |
| --- | --- | --- | --- | --- | --- |
| | | No of Shares Held | % of share holding | No of Shares Held | % of share holding |
| 1 | Indian | | | | |

Paramount Communications Ltd

Paramount House

KH - 433, Maulsari Avenue,

Westend Greens. Rangpuri,

New Delhi - 110037, India

t: +91 11 45618800

pcl@paramountcables.com

www.paramountcables.com

CIN: L74899DL1994PLC061295

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PARAMOUNT

WIRES & CABLES

PARAMOUNT

WIRES & CABLES

	Individual	6,48,75,879	21.26	7,20,75,879	21.54
	Bodies corporate	8,52,36,802	27.93	8,52,36,802	25.47
	Sub Total	15,01,12,681	49.18	15,73,12,681	47.01
2	Foreign Promoters	-		--
	Sub total (A)	15,01,12,681	49.18	15,73,12,681	47.01
B.	Non promoters' holding	15,50,97,133	50.82	17,73,52,354	52.99
1	Institutional Investors	9,99,174	0.33	1,40,94,411	4.21
2.	Non Institution	15,40,97,959	50.49	16,32,57,943	48.78
	Trust	1081	0.00	1081	0.00
	Private corporate bodies (includes LLP)	1,06,98,121	3.51	1,52,45,787	4.56
	Directors and relatives	Nil	Nil	Nil	Nil
	Indian public	12,49,32,519	40.93	12,95,44,837	38.71
	Others (including NRIs)	1,84,66,238	6.05	1,84,66,238	5.52
	Sub total (B)	15,50,97,133	50.82	17,73,52,354	52.99
	Grand Total	30,52,09,814	100.00	33,46,65,035*	100.00

• No. Of Outstanding ESOP Granted 2,57,557

• Updation of the details of name of ultimate beneficial owners of select proposed allottee in point xx. of explanatory statement under the heading, The identity of the natural persons who are the ultimate beneficial owners of the shares proposed to be allotted and/or who ultimately control the proposed allottees, the percentage of post preferential issue capital that may be held by them:

Name of Investor	Identity of Natural Person who are the Ultimate Beneficial Owner of the Shares proposed to be issued	Pre Issue		Post Issue (Assuming conversion of all Warrants to Equity Shares)
		No. of Shares	%	No. of Shares	%
Abakkus Diversified Alpha Fund	Trustees to Abakkus Diversified Alpha Fund Amicorp Trustees (India) Private Limited Director: Mr. Naresh Sachwani	Nil	Nil	64,28,571	1.92

Paramount Communications Ltd
Paramount House
KH - 433, Maulsari Avenue,
Westend Greens, Rangpuri,
New Delhi - 110037, India
t: +91 11 45618800
pcl@paramountcables.com
www.paramountcables.com
CIN: L74899DL1994PLC061295

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PARAMOUNT
WIRES & CABLES
PARAMOUNT
WIRES & CABLES

| | Director: Mr. Kamlesh Ahuja
Investment Manager to Abakkus Diversified Alpha Fund
Abakkus Asset Manager Private Limited (Formerly known as Abakkus Asset Manager LLP)
Director: Mr. Sunil Singhania
Director: Mr. Biharilal Deora | | | | |
| --- | --- | --- | --- | --- | --- |
| Abakkus Diversified Alpha Fund-2 | Trustees to Abakkus Diversified Alpha Fund Amicorp
Trustees (India) Private Limited
Director: Mr. Naresh Sachwani
Director: Mr. Kamlesh Ahuja

Investment Manager to Abakkus Diversified Alpha Fund
Abakkus Asset Manager Private Limited (Formerly known as Abakkus Asset Manager LLP)
Director: Mr. Sunil Singhania
Director: Mr. Biharilal Deora | Nil | Nil | 54,76,190 | 1.64 |
| Singularity Equity Fund II | Shikha Bagai | Nil | Nil | 11,90,476 | 0.36 |

In order to update the above disclosures in the EGM Notice, this corrigendum ("Corrigendum") is issued to clarify and inform the members about modifications, which have been updated in the EGM Notice by way of suitable disclosures and footnotes at relevant places.

Accordingly, the Company has issued the Corrigendum dated June 01, 2026, to EGM Notice dated May 13, 2026.

This Corrigendum to the EGM Notice shall form an integral part of the EGM Notice, which has already been circulated to the Shareholders of the Company, and on and from the date hereof, the EGM Notice shall always be read in conjunction with this Corrigendum. All other contents of the EGM Notice, save and except as modified of supplemented by Corrigendum, shall remain unchanged.

Date: 01.06.2026
Registered office: KH-433, Maulsari Avenue, Westend Greens, Rangpuri, New Delhi-110037

By order of the Board of Directors
For Paramount Communications Limited

Sd/-
Rashi Goel
Company Secretary
Membership Number: F9577

Paramount Communications Ltd
Paramount House
KH - 433, Maulsari Avenue,
Westend Greens, Rangpuri,
New Delhi - 110037, India
t : +91 11 45618800
pd@paramountcables.com
www.paramountcables.com
CIN : L74899DL1994PLC061295