Paramount Communications Ltd - Outcome of Board Meeting

Paramount Communications Ltd - Outcome of Board Meeting, Paramount, Communications, Ltd,Outcome,Board Meeting
Dec 9 2009
Paramount Communications Ltd has informed the Exchange that the Board of Director in their meeting held on December 09, 2009, allotted 5,000,000 warrants convertible into equity shares on preferential basis to the following Promoter Companies in accordance with SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2009. (1) Name of the Allottee- April Investment and Finance Private Limited; No. of Convertible Warrants allotted- 6,00,000; (2) Name of the Allottee- Worth Finance and Leasing Private Limited; No. of Convertible Warrants allotted- 44,00,000.