Paragon Finance Cuts Executive Directors' Remuneration

Paragon Finance Limited submitted a regulatory disclosure to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Board of Directors meeting was held on June 11, 2026, at the company's registered office at Sikkim House, 4/1 Middleton Street, Kolkata-700 071. The meeting commenced at 3:25 PM and concluded at 3:45 PM.

Key outcomes from the board meeting:

• Based on recommendations from both the Nomination and Remuneration Committee and the Audit Committee, the board approved a revision and reduction of remuneration for two Executive Directors, effective from May 1, 2026.

• Mr. Sanjay Kumar Gupta (DIN: 00213467) had his remuneration revised to ₹1,00,000 per month.

• Mr. Aloke Kumar Gupta (DIN: 00825331) had his remuneration revised to ₹50,000 per month.