
ESOP14 Jul 2026, 05:40 pm
Paramount Communications Allots 31,995 Equity Shares Under ESOP Plan
AI Summary
Paramount Communications Ltd has announced the allotment of 31,995 equity shares following the exercise of vested Employee Stock Options under its Stock Incentive Plan 2023. This allotment, approved by the Share Allotment Committee on July 14, 2026, increases the company's issued, subscribed, and paid-up share capital. The new shares will rank pari-passu with existing equity shares, and the company is completing the listing formalities. The total issued share capital has increased to ₹65,44,78,946, comprising 32,72,39,473 equity shares.
Key Highlights
- 31,995 equity shares allotted under ESOP scheme.
- Share capital increased to ₹65,44,78,946.
- New shares rank pari-passu with existing shares.
- Listing formalities for new shares are underway.
- Allotment made against exercise of vested stock options.
Price Impact
More from PARACABLES