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

Approval Background

The allotment was made pursuant to:

  • Approval of the Board of Directors at its meeting held on May 13, 2026
  • Approval of members of the Company at their Extra-Ordinary General Meeting held on June 6, 2026
  • In-principle approvals granted by BSE Limited and National Stock Exchange of India Limited vide their respective letters dated June 24, 2026

Allotment Details

The Share Allotment Committee approved the allotment of:

  • 2,19,97,664 (Two Crore Nineteen Lakh Ninety-Seven Thousand Six Hundred Sixty-Four) Equity Shares
  • 72,00,000 (Seventy Two Lakhs) unlisted convertible warrants

Allotment was made on preferential basis to:

  • Non-promoter persons/entities: Equity shares
  • Promoters: Convertible warrants

Financial Considerations

Total subscription amount received: ₹99,95,01,888 (Rupees Ninety-Nine Crore Ninety-Five Lakhs One Thousand Eight Hundred Eighty-Eight only)

Subscription price: ₹42.00 per equity share and unlisted convertible warrant

Capital Structure Impact

Pursuant to the allotment, the company's capital structure changed as follows:

Pre-allotment capital:

  • Issued, subscribed, and paid-up capital: ₹61,04,19,628
  • Divided into: 30,52,09,814 equity shares of ₹2 each

Post-allotment capital:

  • Issued, subscribed, and paid-up capital: ₹65,44,14,956
  • Divided into: 32,72,07,478 equity shares of ₹2 each

Allottee Details

Equity Share Allottees (Non-Promoters):

| Sr. No. | Name of Allottees | Number of Equity Shares Allotted | Category |

| 1 | Abakkus Diversified Alpha Fund | 64,28,571 | Non-Promoter |

| 2 | Abakkus Diversified Alpha Fund-2 | 54,76,190 | Non-Promoter |

| 3 | Siddharth Shah | 7,14,285 | Non-Promoter |

| 4 | Singularity Equity Fund IT | 11,90,476 | Non-Promoter |

| 5 | Jaideep Narendra Sampat (HUF) | 15,00,000 | Non-Promoter |

| 6 | Ankit Babel | 11,90,476 | Non-Promoter |

| 7 | Preksh Finserve Private Limited | 16,66,666 | Non-Promoter |

| 8 | Subhkam Ventures (I) Private Limited | 23,81,000 | Non-Promoter |

| 9 | Medallion Advisory LLP | 5,00,000 | Non-Promoter |

| 10 | Sharad Narayanlal Sarda | 9,50,000 | Non-Promoter |

| Total | | 2,19,97,664 | |

Convertible Warrant Allottees (Promoters):

| Sr. No. | Name of Allottees | Number of Warrants Allotted | Category |

| 1 | Sanjay Aggarwal | 36,00,000 | Promoter |

| 2 | Sandeep Aggarwal | 36,00,000 | Promoter |

| Total | | 72,00,000 | |

Committee Meeting Details

The Share Allotment Committee meeting:

  • Commenced at: 6:00 P.M.
  • Concluded at: 6:30 P.M.