Paramount Communications will be disinvesting its holding, aggregating to 44.49% of paid up capital of its associate, Paramount Wires and Cables. The board of directors at its meeting held on February 14, 2014 has approved for the same.
Paramount Communications caters to a wide range of industries with an equally wide range of technologically advanced cables, cords and wires for Telecommunication, Railways, Space Research, Thermal & Nuclear Power Plants, Petrochemical, Fertilizers, Steel, Electronics and various other industries.
