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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Paragon Finance Ltd

Paragon Finance Ltd: Board Approves Remuneration Reduction for Executive Directors

BOARD ● No Immediate Change LOW RISK
📅 Filed on BSE: 11 Jun 2026, 04:20 PM IST  ·  BSE ID: 8bb3ab38-2d7a-4cc6-88c0-640699bada4b
View Original BSE Filing (PDF)
💡
In Simple Terms
The company's board has decided to lower the monthly salary for two of its executive directors, starting from May 1, 2026.
🤖 AI Summary
  • Board approves reduced monthly remuneration for two executive directors, effective May 1, 2026.
  • Mr. Sanjay Kumar Gupta's remuneration revised to Rs. 1,00,000 per month.
  • Mr. Aloke Kumar Gupta's remuneration revised to Rs. 50,000 per month.
  • Decision made following recommendations from Nomination & Remuneration and Audit Committees.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Mr. Sanjay Kumar Gupta's Remuneration
Rs. 1,00,000 per month
Mr. Aloke Kumar Gupta's Remuneration
Rs. 50,000 per month
🏢 How This Affects the Company
💰
Financial Impact
The reduction in executive director remuneration will lead to a decrease in employee costs, impacting the company's operational expenses.
⚙️
Operational Impact
This decision reflects a restructuring of executive compensation within the company.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders regarding this board decision.
👤
Who Is Affected
This decision directly affects the executive directors, Mr. Sanjay Kumar Gupta and Mr. Aloke Kumar Gupta, by altering their compensation.
🔍
Management Signal
The decision signals management's adherence to committee recommendations for compensation adjustments.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List - track these upcoming events
Next quarterly results to show impact of cost adjustments.
Future board meeting outcomes for further management changes.
Company announcements on strategic initiatives.
LOW RISK Board meeting outcome on executive remuneration adjustment.
💡 Investor Takeaway
Paragon Finance Ltd's board approved revised executive director remuneration: Sanjay Kumar Gupta to Rs. 1,00,000/month and Aloke Kumar Gupta to Rs. 50,000/month from May 1, 2026.
⚖️ Strengths & Concerns

⚠️ Concerns

  • Executive director remuneration reduced, potentially signaling internal cost-saving measures or performance review outcomes.
❓ Frequently Asked Questions
What decision was made regarding executive director remuneration at Paragon Finance Ltd on June 11, 2026?
The board approved a reduction in monthly remuneration for two executive directors, effective May 1, 2026.
What is the new monthly remuneration for Mr. Sanjay Kumar Gupta?
Mr. Sanjay Kumar Gupta's remuneration has been revised to Rs. 1,00,000 per month.
What is the new monthly remuneration for Mr. Aloke Kumar Gupta?
Mr. Aloke Kumar Gupta's remuneration has been revised to Rs. 50,000 per month.
When did the revised executive director remuneration take effect?
The revised remuneration for executive directors took effect from May 1, 2026.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only - Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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