fs) paramount
TRANSCRIPT
PCL/SE/1/2020
The Corporate Relationship Department
The Bombay Stock Exchange Ltd.
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai-400 001
FS) PARAMOUNT CABLES
29.01.2020
The General Manager- Listing
Nalional Stock Exchange of India Ltd.
“Exchange Plaza”, Bandra-Kurla Complex,
Bandra (East),
Mumbai-400 051
Symbol /Scrip Code: (BSE)530555/(NSE) PARACABLES
Sub: Outcome of the Board Mecting
Dear Sir,
Pursuant to Regulation 33 of SEBI (Listing Obligation and Disclosure Requirement) Regulation,
2015 (Listing Regulations), this is to inform you that Board at its meeting held on today ie.
29.01.2020 has approved and taken on records the Unaudited Financial Results ( Standalone &
Consolidated) for the Third Quarter ended 31.12.2019
The Copies of the Un-Audited Financial Results along with Limited Review Report are enclosed
for the information and record.
In addition to the above following items were discussed/approved:
1) Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, the Board of Directors of the Company, based on the recommendation
of the Nomination & Remuneration Committee, has approved the re-appointment of Mrs.
Malini Gupta, Independent Director, for a period of five years, w.e.f. 1% April, 2020 subject to
approval of the shareholders of the Company.
The Board has made an allotment of 2,24,00,000 Equity Warrants to the following Promoters
and Promoter group entities on preferential basis, in accordance with the resolution passed
by the shareholders of the Company vide Postal Ballot (including E-voting) results of which
were declared on December 30, 2019, at a price of Rs. 9.81 per Equity Share:
Paramount Communications Ltd
Paramount House
C-125 Naraina Industrial Area Phase-1
New Delhi - 110028
t: +91 11 45618800
f : +91 11 25893719-20
www.paramountcables.com CIN : L74899DL1994PLC061295
fea PARAMOUNT CABLES
Sr. Name No. of Equity Warrants
No. allotted
Ie Mr. Sanjay Aggarwal 43,00,000
2s Mr. Sandeep Aggarwal 43,00,000
3. Mrs. Kamla Aggarwal 5,00,000
4. Sanjay Aggarwal HUF 14,50,000 |
3 Mr. Dhruv Aggarwal | 14,50,000
6. Mr. Tushar Aggarwal 14,50,000
7. M. Parth Aggarwal 14,50,000 8. Paramount Telecables Limited - 75,00;000
Total 2,24,00,000
The Board iets commenced at 2.30 P.M. and concluded 3.50 P.M. Kindly acknowledge the
Company Secretary & Compliance Officer
Paramount Communications Ltd Paramount House
C-125 Naraina Industrial Area Phase-1
New Delhi - 110028
t: +91 11 45618800
f: +91 11 25893719-20
www.paramountcables.com CIN : L74899DL1994PLC061295
/| (AIX
+ IX)
(Poped COILS Se
90°826'1 LLvEl%
69° L£EL LLvlé
Serr. yO8/6
1 LLVELT
69°LEL (Ivlé
8O'rr. OYJ
104 BUIODU]
SAJSUSYaIGUGD JaYYo
PUD (3507)
err /Wyoig
Bujsuduo>
) suosuy aajsusyaidos
jojo] | AX
980 levy)
570 eo
(eet) eci0
990 (ev'y
a) zZ'0
(ec) zz0
(AIX ) aweduy sAsusyaiduuos
J24jo [DIO]
= =
5 =:
= ~
* Ss0j
8 JyOud
O| FayissD}osu
3 .
‘ 3q
||IM JOU
sway! Of
Buyojau xD}
BUDDY
{1}
: =
= .
. -
- -
$SO[ 10
JYoid Of
paylssD|Da1 3q
[|IM JOUY sLUS}t
(|) “g
- -
= =
= *
= *
[ =
SSO] *Z [YO
Of PShissp[aa)
9q JOU
JJIM LOU)
sLUa}! OF
Bulpojas XD}
BLUODY (I!)
98°0 (€1'y)
$90 20
(ge"t) zo
98°0 {evr
$70 20
(get) zz0
JO jyoud
0} Paylsso[D91
9g JOU
jM JOU
sy
(|} “V
11D0) awosu aajsusyaidu0> JBYIO
|
AIX
96 SLES 61°786'L
TL VELT
Ly LoL 6V'SL6
99 PPL 96SiET
6'786'l TL
PEL'Z LV LCL
6V'S16 99 DHL
CHIX +
XI) popad
ayy so)
(sso7)/youg |
IIIX -
- “
> -
- -
- -
- -
(xe} Jaye)
suoneiado panuljucos|p
Woy
(S307) AYOld
IX
7 =
= 2
« “
“ -
- -
- suoeJado
penuljuogsip Jo
asuadxe xe]
ix
= =
“ =
- -
- -
- -
- suonesado
panuljuoos!p Wo}
(S807) AYO,
x
=: suolpiedo panuyuossiq
(IIA IIA)
Suoypuedo) 96SLET
61°786'L ZL PES
LV LCL é7'S16
99 PDL 96
S167 67861
CL vELZ
LVLEL 67S16
99 FPL Bujnuyjuo>
Wo
poped auf
404 (ss07)
/ Hold .
- E
: -
« -
= ~
- -
@SUdsAX9 XD]
[DIO]
- 2
= -
F -
= -
- >
XO, peuejeg
(Il) .
- -
: :
. =
= Ee
3 XD]
JUBLIND (I)
astedxe
xp] |
IIA
96S167 6U7ZB6'L
TL VEL ze
LV LOL 67'S 16
99° Whe 96S167%
6U'786'L ZL
ELS
LV LCL 6rS16
99° VL GA+A)
XP4} IIA
S1OJSq JN sway |PUC|Wde>xe JAD
(S507) JNYOld
= .
= =
= «
= -
- -
- SW} |DUDdedxyg
IA
96SLET 61'786'L
TL PEL TZ
LV LCL 6V'S16
99 PPL 96'SL6T
61'786'1 ZL
VEL’? LV LCL
6rS16 99 bel
{All A
FI) XD}
pub sway!
|OUOIdarxe elojaq
(ss07) Wold
CU LS eS
v8°987' Le
ST'LO7'SP BESLL FL
LS EEVIL £5°806'SL
SL lg9e'es
VB98C' ly
St L82'Sp BesZ/F1
LSEEL'9L €5°806'SL
(Al) sosuadxg
[DjO]
6c 65b'8 vi
LeLs 60°L28°9
96 LEO?
96SE6 |
COL kee
626508
vlteZ's 60°L25°9
96 LEO 9ESE6'L
Co LLP?
sesuedxe 19
YO ({J)
€6'S96 66°8E9
82758 L687
WV IIS vr L87
£6°€98 66 8E9
SL rse LEV8%
HOLS
vr 287
esusdXxe UOIJDZIOWD
pud uoyo!De1daq
(9)
29 L6L
8S'C8r SSBLL
vOEIT TEZPL
OL'90z 79 L6L
8S CBr SS°BLL
VOCIT cece
OL"902 sysoD
eDuDUL (Pp)
OL PLZ'L 98°88" L
BS EZ9'L
6L'L94 LU L
ey
00°269 OU
vLZl 98'88Z'L
BS EZ9'L 6L'L9F
LUZer 00°289
asuadxe syyousq
eeAcidwy (9)
= =
SPDJIJ-UL-ADOYs PUD ssaiBosJd-ULOM
(po e9v'e) =
f{stosz'z) =
| (zr eLe'L) 70'989
(s7ooe'l) (aL ea2)
(poeel'e) =
f(stosz’z) = | (Zp
ety’) ¥0'989
(szooz'l) |(zieez)
‘spooB paysiuy
jo souojusaut
ul seBupy> (q)
LL°96L'0S 97° 8469'SE
99 1Z6'9E BS
1 PO'LL 66
18S'71 6°860'EL
L2°S61'0S Ov
B68'SE 99
LZ6'9E BE
LPO'LL 66
18971 6°860'EL
POWNSUOD s|DUS{DW
Jo jsoD
(D) sosuadx]
Al
60° LL£ 19
£0°692'r Lo Lay’ Lp
Secos'S L
90°670'Z1 6L'es9'9L
60° 22219 £0'697'Er
Le ley le
$8'z0s'S |
90 6rO'/L
6L°ES9'9L (il+1)
snusaay [DIOL
Ul
92 0€€ Lo ere
OO'9LL cosy
OZ16 Sess
9L OEE 18s
OO'9ZL Sosy
0216 se'se
BWODUI 1EULO
I
CE 9DR'LO
78020'CY LESPe'LD
OO’ ZS¥'SL 9E
L569 |
veL9s‘9L Ee
9Pr'19 78
0CC'EV LESPe'Ly
00’ ZS7'SL 9€
LE6'9L POLIS
OL SUOYOISAO
WO
BNUSASY |
paypay pemairsiun |
paypnoun peyonoun
pameaiaa.un | paypnoug
Paypay peypnoun
Paypaoun PeypnbuN
peppnoun payipapun
6LOS HOLE | SlOTZIIE | 6LOTTLLE
| 6107
60'0E |
BlOTZI IE
| SLOTTLLE | SLOTEOLE | SLOTZLIE |
6LOS TLE
| 607 s6O';OE
| SlLOeZrie
| 6LozeL
le SIDIND|UDg
“ONS
papg
sea, Papug yuow
auiy pepug JayonyH
papuz Jeo,
Papuz
yyUoWw aujN
Pepul JeUDNH
dalvdllosNo>
JNOIVANVIS
(BuyeT oe
“sy)
6L0Z ‘ Y39WIDA
LSLE GJGN3
SHLNOW
JNIN ONV
YFLNVND
IHL YOI
SIINSAY TWWIDNWNId
GALIGNWNN G31LVGNOSNOD GNV
JINOTWGNVIS
JO INIWALWIS
962-900 1dP661
10668721 - NID
Woo se|qeos]UNOWWBJeEd
MAM ‘ajISqenA
‘Wod’sajqeojunoweEJed@®jod :jiew-F
OZ/6LZE6BSZ-L1-L6+ ON
XBY '006-008819St-L1-L6+
°Ud
8ZO0LL-IUI8C MAN
‘BUIeJeN "L-8SeUd
‘Belly JELISNPU|
BUIEIEN 'SZ/-9
QSLIWIT SNOILVOINNWINOD LNNOWVavd
—.
— 88210000:NIG
0202 10°62:
33eq O39D
8 UBWIeYD
14[8Q MON
: 892ld co
| bn)
Aefues
é (\
\ea SNOLLVOINNIAINOD LNNOWVYYd
194
pIeOg BY?
JO yjeyaq
UO pue
Ag “uOstedWOd
a}e7I/I92} 0}
AJessadaU pasJapisuod
JeAaJaym padueueas /padnoi3as uaa
saey sasn3y
ays a
duluodal Juawseas
uc (80T-S¥
pul) psepuels
SuNUNODYy
UeIpU] ay)
Jad Se
sjUdWUZ—aS ajqeLiodsa-
ayeledas ou
ale aJay]
9
“sJOUpny
Asoynyeys Ag
Malaai 0}
papelqns uaaq
jou aney
3Nq ‘syOJauIP
Jo pseog
s, AUedWOD au)
Aq peAoidde
uaaq aaey
s}jNsaJ jeNUeUL
Palepl|josuod asauy
ul payodal
se gTOZ
‘TE Jaquuavaq
Papua sy]UOW
aUlU pue
JaeNb aAnesedWod
ay} JO]
sandy payepljosuo>
S
“SNE W
aYeIOdIOD yo
AsIUlAy aYI
Aq paylou
se ,sJUSWAEIS
(BIDUBUIJ Paxep!}Osuo>,,
OTT SW
pul Jad
se pasedasd
uveg aney
saueipisqns sj
pue Auedwo}
au} 40
S}jNsau jeIsUeIY
payepljosuod auL
=v
* 6TOZ ‘TeJaquiazaq
papua (sujuoW
sulu) ple
sazENb ayy
104 ( Syxe]
O0'00Z SU)
SY]
29°99 ‘sy
Aq Sasuadxa
Ua paseaiap
pue (SUP)
S6°SOT'SY
) SUAE] TOPE
“Sy PUE
(SUAC| BO'BET
SU) SUE]
ZO'9P “Sy
Aq Sesuadxa
jsaJa}U! pUe
sasuadxa LONeaidap
paseasoul psepues
siy) jo
UONdope ay)
‘poyjew aanradso.a/
payIpow ay}
Buisn ,Sasea|,,
OTT Sv
pu! peidope
sey Auedwod
ay? ‘6T0Z
‘T [dy
aanoaya €
“2Ipu| Ul
paydaoze Ajjesauad
sajdinud
SuuNod2e
JaLjO pe
JapuNaay) panss!
sajns JUeAa|al
BU YIM
Peal ETOZ
“Dy SaluedwWoOD
sy} Jo
EET UONDAS
JapUN paqldsaid
Sy pul
Ul UMOP
ple] Saydio4id
JuaWesnseaw pue
UOIUZOIAJ ay?
YM eUeps00e
U! paledasd
uaag aney
syjsas jemoueUy
aseyL =
Z
“SUINSdY [EIMUZUIY
BSauy Jo
MaIAaL INO
payed aaey
suojipny A1ojnjeys
ay] ‘aJep
Bwes ay}
UO Pjay
SuNsaw Ss}! Je
sioPaIIG Jo
pleog ay}
Aq paaoidde
pue 07OZ
‘AJEnuel YIGZ
UO Pjey
BuUnaeW Sz
Je aaQIWWOD lpny
ay} Aq
paMmaiAal pue
aiojeq paoejd
alam sj[Nsoy
jeoueull presaioye
ay. =
TT
:SB}ON
PLL Oe
vel cr'0
eso ero
vl 02" 1
vel cv0
es0 ero
peyniid (Z)
PL Og"!
vel cro
€s°0 evo
vLL 021
POL cro
eso evo
seg
(L)
:(suonesedo Buinuijuos
¥
Bulnunuogsip
JoJ) ‘sy
ul aieys
Ayjnba jad
sBulweg
Xx
- -
; -
- -
7 -
- -
. pani
(2) =
: =
= .
= =
- =
arsed (1)
s(suopessdo
Bulnuruossip
Joy) ‘sy
us aueys
AyInba zed
sGujwieg |
XIX
be 1
0¢ |
veL cv0
es0 ero
rel 02°
t vel
cro eso
ero peinia
(2) Pll
oral vel
ovo €s'0
ero Pol
02° L
vel cro
eso ero
oiseg (1)
:(suojessdo
Buinunuos
Jo4) "sy
ul aseys
Aynba sad
sBurwieg |
IIIAX
L2°90Z'0L 1Z°902'0L
Aynb3 sey |
IIAX
89'ser'e B9'SEr'e
89'ser'e 87 Sere
B9'Ser'e B9'SEP'e
89'ser'e 89'Ser’e
e7'ser'e 89'SEr'e
89'Ser’e 8r'ser'e
(aueys sed
Z sy)
[edeo eseys
Aynba dn-pied |
jay
peypay PEMs|Asiuy |
PeyPnoUf/ peypnpuy
Ppemealrslun | Paypapurl
peypay pa}pabuny
peypnpun
petipnbuy peylpnoun
peypabuy
6LO@EeO le
| BlOTZL
IE | BLOTS LE
| 6107
600E | BOTTI
IE | LOTTI IE
| 6LOTEO LE
| BLO™TZTLIE
| 6LOTTLLE
| 6107
600E | SLOTZL
Le | 6LOz
ZL LE
SID[|NDIPDd ‘ONS
poepus sea,
Peapuy yjuow
aulN Pepug JOUDNH
pepus
sea, Paepug yjuow
suIN Poepuy JeUODNH
dilVGNOSNOD
JNOTVOGNVIS
(sqyer ul
sa)
610% ‘ d3dW3D30
ISLE G30NI
SHLNOW
JNIN ONY
YalavNO 3H AOd
SIINSIY TWIONVNId GALIGNYNN GALVGNOSNOD GNV 3NOTVGNVIS
JO INIWALVIS
woo‘sajqedsjunoweled
AWM
:
S621900
1d 7661 10668721 : NID
ISqany ‘Woo'sa|qeojunoweled®)od
:jleuwrQ
OZ/61LE68SZ-1L1-L6+ - ON
XB ‘006-008819Sr-1
b-L6+ “Ud
8ZOOLL-IWEC MEN
'eUIEJEN ‘| -aseUd
'BaJy |ELISNpUl
BUIEJEN ‘GZ4-9
GALIIAIT SNOILVOINNINWOS LNNOWVaVd
P. BHOLUSARIA & CO. 26/11, SHAKTI NAGAR, CHARTERED ACCOUNTANTS DELHI-110 007
Telephones:23841467
Email id: [email protected]
Auditor’s Review Report on Quarterly and Year to Date Unaudited Financial Results of the
Company Pursuant to the Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, as amended
To
The Board of Directors of
PARAMOUNT COMMUNICATIONS LIMITED
1. We have reviewed the accompanying statement of unaudited standalone financial results of Paramount
Communications Limited (‘the Company’) for the quarter ended 31°t December 2019 and year to date from
1* April, 2019 to 31 December 2019 (‘the statement’) attached herewith, being submitted by the Company
pursuant to the requirement of Regulation 33 of SEBI (Listing obligations).
2. The preparation of the statement in accordance with the recognition and measurement principles laid down
in the Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”), prescribed under section
133 of the Companies Act, 2013 read with rules 3 of Companies (Indian Accounting Standard) Rule, 2015 and
other accounting principles generally accepted in India, read with the circular is the responsibility of the
Company’s Management and has been approved by the Board of Directors. Our responsibility is to express a
conclusion on the statements based on our review.
3. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410, “Review of
Interim Financial Information Performed by the Independent Auditor of the Entity” issued by the Institute of
Chartered Accountants of India. This standard requires that we plan and perform the review to obtain
moderate assurance as to whether the financial statements are free of material misstatement. A review is
limited primarily to inquiries of company personnel and analytical procedures applied to financial data and
thus provide less assurance than an audit. We have not performed an audit and accordingly, we do not
express an audit opinion.
4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that
the accompanying statement, prepared in accordance with the recognition and measurement principles laid
down in the applicable Indian Accounting Standards (“Ind AS”) as specified under Section 133 of the
Companies Act, 2013, read with relevant rules issued thereunder and other recognized accounting practices
and polices has not disclosed the information required to be disclosed in terms of Regulation 33 of SEBI
(Listing obligations and disclosure requirements) Regulation, 2015 read with the Circular, including the
manner in which it is to be disclosed, or that it contains any material misstatement.
For P. BHOLUSARIA & CO.
CHARTERED ACCOUNTANTS
_-<saa Firm Registration No: 000468N nn MeN
of ht \e) a uM)
pm
NEA awah Bholusaria Partner
M.No.080691
UDIN: LeeROESI ABA A Eo1g49
Place: New Delhi
Date: 29 January, 2020
P. BHOLUSARIA & CO. 26/11, SHAKTI NAGAR, CHARTERED ACCOUNTANTS DELHI-110 007
Telephones:23841467
Email id: [email protected]
Auditor’s Review Report on Quarterly and Year to Date Unaudited Consolidated Financial
Results of the Company Pursuant to the regulation 33 of the SEBI (Listing Obligation and
Disclosure Requirements) Regulations ,2015, as amended
To
The Board of Directors of
PARAMOUNT COMMUNICATIONS LIMITED
1. We have reviewed the accompanying statement of unaudited consolidated financial results of
Paramount Communications Limited (‘the Company’) and its Subsidiaries (the Holding Company
and its Subsidiaries together referred to as " the Group") for the quarter ended 31st December
2019 and year to date from 1%* April, 2019 to 31st December 2019 (‘the statement’) attached
herewith, being submitted by the Parent Company pursuant to the requirement of Regulation 33
of SEBI (Listing obligations and disclosure requirements) Regulation, 2015, as amended.
2. The preparation of the statement in accordance with the recognition and measurement principles
laid down in the Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”),
prescribed under section 133 of the Companies Act, 2013 read with rules 3 of Companies (Indian
Accounting Standard) Rule, 2015 and other accounting principles generally accepted in India, read
with the circular is the responsibility of the Parent Company’s Management and has been
approved by the Parent’s Board of Directors. Our responsibility is to express a conclusion on the
statements based on our review.
3. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410,
“Review of Interim Financial Information Performed by the Independent Auditor of the Entity”
issued by the Institute of Chartered Accountants of India. This standard requires that we plan and
perform the review to obtain moderate assurance as to whether the financial statements are free
of material misstatement. A review is limited primarily to inquiries of company personnel and
analytical procedures applied to financial data and thus provide less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion.
We have also performed he procedures in accordance with Circular No. CIR/CFD/CMD1/44/2019
dated March 29, 2019 issued by the Security and Exchange Board of India under Regulation 33(8) of the Listing Regulations, to the extent applicable.
4. The statement includes the result of:
Subsidiaries:
Paramount Holdings Limited AEI Power Cables Limited
5. The accompanying statement includes interim financial results and other financial information of
2 Subsidiaries which reflects total revenue of Rs. NIL, net profit after tax of Rs. NIL and total comprehensive income of Rs. NIL for the quarter ended 31st December 2019 and for the period
from 1s¢ April, 2019 to 31st December 2019 r. spectively, which are certified by management. Son of.
According to the information and explanation given to us by the management, these interim financial results and other financial information are not material to the group. Our conclusion on the statement is not modified in respect of the above matter.
6. Based on our review conducted as above and procedures as performed as stated in Paragraph 3,
and based on the consideration of matters referred to in Paragraph 5 above nothing has come to
our attention that causes us to believe that the accompanying statement, prepared in accordance
with the recognition and measurement principles laid down in the applicable Indian Accounting Standards (“Ind AS”) as specified under Section 133 of the Companies Act, 2013, read with relevant rules issued thereunder and other recognized accounting practices and polices has not
disclosed the information required to be disclosed in terms of Regulation 33 of SEBI (Listing
obligations and disclosure requirements) Regulation, 2015 read with the Circular, including the
manner in which it is to be disclosed, or that it contains any material misstatement.
For P. BHOLUSARIA & CO.
CHARTERED ACCOUNTANTS
Firm Registration No: 000468N
vf oy Led
Pawan Bholusaria
Partner
M.No.080691
Place: New Delhi
Date: 29 January, 2020 UDIN: DOOROLIAAMAAE 2 Yo |