Paras Defence Subsidiary Secures Rs. 3.95 Crore Defence Order
Filing Summary
Paras Anti-Drone Technologies Private Limited, a subsidiary of Paras Defence and Space Technologies Limited, has received an order from the Ministry of Defence, Government of India. The order, valued at approximately Rs. 3.95 crores including GST, involves the supply of Anti-Drone Systems such as Radio Frequency Jammers. The contract is set to be executed by May 2026. This transaction does not involve any related party transactions, and there is no interest from the promoter group in the awarding entity.
Paras Anti-Drone Technologies Private Limited, a subsidiary of Paras Defence and Space Technologies Limited, has secured an order from the Ministry of Defence, Government of India. The order is valued at approximately Rs. 3.95 crores, inclusive of GST, and pertains to the supply of Anti-Drone Systems, specifically Radio Frequency Jammers.
The order was awarded by a domestic entity, the Government of India, and is scheduled for execution by May 2026. The transaction does not fall under related party transactions, and there is no interest from the promoter or promoter group in the entity awarding the order.
The terms of the contract specify the supply of Anti-Drone Systems, which are designed to counter unauthorized drone activities. The systems include Radio Frequency Jammers, which are utilized to disrupt the communication between drones and their operators.
Paras Defence and Space Technologies Limited is engaged in the design, development, and manufacture of a wide range of defence and space engineering products and solutions. The company focuses on providing advanced technology solutions to the defence and space sectors, aligning with its strategic priorities to enhance its capabilities in these areas.