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PARACABLES Paramount Communications News Story

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Brief: Paramount Communications approves issue of up to 20 mln shares to existing NCRPS holders

July 14 (Reuters) - Paramount Communications Ltd  PCML.NS  
    * Approves early redemption of 765,000 outstanding 0.00% 
non-convertible redeemable preference shares at INR 121.25/NCRPS 
out of fresh issue of shares 
    * Says approves issue of up to 20 million shares of co to 
existing NCRPS holders 
 
Source text - (http://bit.ly/2uqqX7C) 
Further company coverage:  PCML.NS  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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