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    PARAMOUNT COMMUNICATIONS LTD.

    04 August 2025 | 12:00

    Industry >> Cables - Power/Others

    Select Another Company

    ISIN No INE074B01023 BSE Code / NSE Code 530555 / PARACABLES Book Value (Rs.) 22.13 Face Value 2.00
    Bookclosure 19/09/2024 52Week High 101 EPS 2.85 P/E 19.22
    Market Cap. 1671.28 Cr. 52Week Low 44 P/BV / Div Yield (%) 2.48 / 0.00 Market Lot 1.00
    Security Type Other

    History of Company

    The company history sections lists out major chronological events that happened to the company.
    Paramount Communications Ltd. (PCL) was setup in 1978 as a partnership concern under the name and style of Paramount Cable Corporation. Subsequently, the firm was recognised as a Joint Stock Company with the meaning of Section 566 of the Companies Act, 1956 vide Memorandum and Articles of Association entered on 16th June, 1994 between the partners and was registered as a public limited company under the Part IX of the Companies Act 1956 w.e.f. September 5, 1994. Sh. Shyam Sunder Aggarwal, Sh. Sanjay Aggarwal and Sh. Sandeep Aggarwal were appointed as first directors of the Company.

    2000

    -Paramount bags Rs 120-cr DoT order

    2001

    -Issue and allot 12,00,000 shares of the company at a total price of Rs 58 per equity share at a face value Rs 10 determined in accordance with SEBI guidelines 2000.

    2002

    -Paramount Communications has declared an interim dividend of Rs 1.20 per share at the rate of 12%

    2004

    -Paramount Communications bags export order of US $ 1.5 million from Sri Lanka

    2005

    -Paramount Communications bags export order of US $ 1.5 million from Sri Lanka

    -Paramount Communications receives orders of Rs 8.10 million from NDPL

    -Paramount Communications bags Rs 55 million order from Indian Railways

    -Paramount Communications receives order worth Rs 44 mn from REL

    2006

    -Paramount Communications secures orders worth Rs 200 mn for Power Cables

    2007

    -Paramount Communications acquires UK based AEI Cables

    -The Company has splits its face value from Rs.10/- to Rs.2/-.

    -Paramount Communications has designated E-mail ID for Investor Complaints: investors@paramountcables.com

    2008

    -Paramount Communications has recommended a dividend of 20%

    2009

    -Paramount Communications launches Housewiring Cables in Domestic Market

    2013 - Paramount Communications Ltd has appointed Ram Kumar Sharma as Non-rotational Nominee/Institutional Director

    2014 - Paramount Communication bags Rs 207 crore order for National Optical Fibre Project

    2023 -Company Acquired 1,93,996 equity shares of Valens Technologies Private Limited from its existing shareholders.

    Way2Wealth Brokers Private Limited - CIN U67120KA2000PTC027628 Stock Broking: SEBI Regn No.: INZ000178638 | Exchange Membership ID: NSE: 11502, BSE: 3117, MSEI:51000, MCX: 56730 Depository Participant: SEBI Regn No. IN-DP-472-2020 | CDSL ID: 12062900 & 12031500, NSDL ID: IN303077 | Research Analyst: SEBI Regn No. INH200008705 | PMS: SEBI Regn No.INP000000829 | Register with AMFI ARN: 77558 (Date of Initial registration - 8th Dec 2009, Date of expiry - 24th Jan 2027) | PFRDA: POP226012019

    Way2Wealth Commodities Private Limited - CIN U51229KA2006PTC039880 Stock Broking: SEBI Regn No.: INZ000049130 | Exchange Membership ID: NCDEX : 00908

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