Paramount Cosmetics India has informed that this is with reference to the communication regarding disclosure made under corporate announcement related to Outcome of Board Meeting as per the clause (i) of Regulation 30(6) and Part A of Schedule Il of SEBI (LODR) Regulations, 2015 read with SEBI Circular SEBI/HO/CFD/CFD-PoD2/CIR/P/2024/185 dated December 31, 2024. The Company experienced an unexpected power cut that affected its main office and prevented immediate access to its stock-exchange filing system. Due to power cut, it encountered a technical issue with the internet connectivity. These two events caused a brief interruption in uploading the announcement within the exact prescribed timeline. The delay was entirely unintentional and due to circumstances beyond reasonable control. Given that the delay was marginal (89 minutes) and caused by unforeseen infrastructural/technical factors, it respectfully request the Exchange to accept the explanation and treat this as an instance of inadvertent and bona-fide non-compliance.
The above information is a part of company’s filings submitted to BSE.
