Key Quantitative Figures

The company proposes to issue:

  • 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

Dates and Timeline

  • EGM Date: Saturday, June 06, 2026 at 12:30 P.M. IST
  • E-voting period: Wednesday, June 03, 2026 (09:00 A.M. IST) to Friday, June 05, 2026 (05:00 P.M. IST)
  • Record date for determining members: May 30, 2026
  • Corrigendum issue date: June 01, 2026

Shareholding Pattern Impact

The shareholding pattern before and after the proposed preferential issue (including full conversion of warrants) shows:

Promoter Holding (A):

  • Pre-issue: 15,01,12,681 shares (49.18%)
  • Post-issue: 15,73,12,681 shares (47.01%)
  • Change: -2.17% points

Non-Promoter Holding (B):

  • Pre-issue: 15,50,97,133 shares (50.82%)
  • Post-issue: 17,73,52,354 shares (52.99%)
  • Change: +2.17% points

Institutional Investors:

  • Pre-issue: 9,99,174 shares (0.33%)
  • Post-issue: 1,40,94,411 shares (4.21%)
  • Change: +3.88% points

Total Outstanding Shares:

  • Pre-issue: 30,52,09,814 shares
  • Post-issue: 33,46,65,035 shares
  • Includes 2,57,557 outstanding ESOP grants

Ultimate Beneficial Owners Details

The corrigendum provides updated details of natural persons who are ultimate beneficial owners of the proposed allottees:

  • Abakkus Diversified Alpha Fund: Ultimate beneficial owners include Mr. Naresh Sachwani (Director), Mr. Sunil Singhania (Director), and Mr. Biharilal Deora (Director)
  • Post-issue holding: 64,28,571 shares (1.92%)
  • Abakkus Diversified Alpha Fund-2: Ultimate beneficial owners include Mr. Naresh Sachwani (Director), Mr. Kamlesh Ahuja (Director), Mr. Sunil Singhania (Director), and Mr. Biharilal Deora (Director)
  • Post-issue holding: 54,76,190 shares (1.64%)
  • Singularity Equity Fund II: Ultimate beneficial owner: Shikha Bagai
  • Post-issue holding: 11,90,476 shares (0.36%)

Interim Use of Proceeds Revision

The explanatory statement was revised to clarify that pending complete utilization of issue proceeds, the company intends to invest the funds in:

  • Deposits with scheduled commercial banks
  • Securities issued by Government of India
  • Money market instruments
  • Other investments as permitted under applicable laws

Distribution Method

The corrigendum was sent through email to members whose names appear in the Register of Members/list of Beneficial Owners as of May 30, 2026, and whose email addresses are registered with the Company/Depositories.

Document Availability

The corrigendum to the EGM Notice has been uploaded on the company's website at www.paramountcables.com and forms an integral part of the original EGM Notice.