Paramount Speciality Forgings Share Price Today

Paramount Speciality Forgings appoints Satish Shenoy as Independent Director

Paramount Speciality Forgings has appointed Mr. Satish Madhav Shenoy as an Additional Director and Non-Executive Independent Director for a term of five years effective July 11, 2026. The appointment, approved by the Board and Nomination and Remuneration Committee, is subject to shareholder approval. Mr. Shenoy brings over 40 years of experience in internal audit and risk management.

Paramount Speciality Forgings confirms no encumbrance on promoter shares in FY26

Paramount Speciality Forgings Limited disclosed that its promoters and promoter group have not encumbered any equity shares during the financial year ended March 31, 2026. The declaration, submitted to the NSE under SEBI SAST regulations, covers 41 individuals and entities.

Paramount Speciality Forgings targets ₹200 crore revenue by FY28

Paramount Speciality Forgings Limited released the transcript of its H2 & FY26 earnings call, detailing a capacity expansion plan to install a 10-ton forging hammer and a 2,000-ton forging press. The management targets a revenue of ₹150-160 crore for FY27 and ₹200 crore for FY28, driven by increased efficiency and new customer acquisitions in sectors like defense and aerospace. The company also commissioned a solar power plant to reduce electricity costs by 25-30% and applied for NABL accreditation for its internal laboratory.

Paramount FY26 revenue rises, profit falls on higher costs

Paramount Speciality Forgings Limited reported a 9.1% increase in revenue to ₹11,995.97 lakh for FY26, while net profit declined 4.7% to ₹425.53 lakh due to rising expenses. The company utilised ₹2,197.16 lakh of its IPO proceeds for capital expenditure and corporate purposes. Additionally, the firm commissioned 900 kW of solar power capacity and appointed new auditors and a compliance officer.

Paramount Speciality Forgings promoters declare no encumbrance on shares for FY26

Paramount Speciality Forgings Limited disclosed that its promoters and promoter group have not created any encumbrance on the equity shares held by them during the financial year ended March 31, 2026. The declaration was submitted to the National Stock Exchange of India Limited on April 4, 2026, by Aliasgar Roshan Hararwala on behalf of all promoters and the promoter group. This disclosure is mandated under Regulation 31(4) and 31(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, ensuring transparency regarding the pledging or hypothecation of shares by key stakeholders. The filing confirms that neither the promoters nor persons acting in concert (PACs) have directly or indirectly encumbered their shareholding in the company during FY26. The declaration covers the entire promoter group, comprising 41 entities and individuals.