PARAMOUNT COMMUNICATIONS LTD. - Announcement under Regulation 30 (LODR)-Credit Rating

Pursuant to Regulation 30 read with schedule III of the Securities and Exchange Board of India (LODR) Regulation,2015, We Wish to inform you that ICRA, a Credit Rating Agency has, assigned its long term rating on the bank facilities of the company at (ICRA) BBB-(Stable)''. Copy of Rating letter is enclosed hererwith.