Paramount Cosmetics Approves ₹72 Crore Rights Issue Of Equity Shares

Board approved fundraise via rights issue of equity shares of Rs 10 face value up to Rs 72 Cr to eligible shareholders on record date to be notified. Subject to regulatory/statutory approvals; detailed terms and share count to be finalised by Rights Issue Committee; record date pending. Issue price, entitlement ratio, record date, use of proceeds and timetable not disclosed; dilution quantum pending final terms.