Paramount Communications has informed that it attached the report under regulation 10(7) of the SEBI (Substantial Acquisition of shares and takeover) Regulations 2011, received from Hertz Electricals (International), acquirer and forms part of promoter group of the company, in connection with the acquisition of shares of Paramount Communications (the company) due to inter se transfer of shares among promoter group on account of approved scheme of amalgamation of Ekta Ayat Niryat, Worth Finance and leasing, Mathran Shares and Securities, April Investment and Finance with Hertz Electricals (International) vide NCLT order.
The above information is a part of company’s filings submitted to BSE.
