On Monday, Paramount Communications Ltd rose 3.66% to ₹61.19. The board cleared ₹135 crore Foreign Currency Convertible Bonds (FCCBs) issuance and a ₹30 crore preferential allotment of 50 lakh warrants at ₹60 each to Hertz Electricals. Warrants require 25% upfront and 75% on conversion within 18 months, subject to approvals.