Paras Defence And Space Technologies Limited has informed the Exchange that the Board of Directors at its meeting held on April 30, 2025, has considered and approved subdivision of 1 equity shares of Rs. 10 each into 2 equity shares of Rs. 5 each.
PARAS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.0 pts more than Nifty Microcap 250 and 1.0 pts more than its Aerospace & Defense peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
The board of Paras Defence and Space Technologies approved a stock split of 1 equity share of Rs. 10 face value into 2 equity shares of Rs. 5 face value, subject to shareholder approval via postal ballot (e-voting from May 9 to June 7, 2025). The company also announced audited FY25 results showing strong growth: standalone revenue rose to Rs. 333.85 crore (from Rs. 232.43 crore in FY24) and standalone profit jumped to Rs. 65.06 crore (from Rs. 34.22 crore). Consolidated revenue reached Rs. 364.66 crore with profit of Rs. 63.43 crore. A final dividend of Rs. 0.50 per equity share of Rs. 5 (post-split) was recommended for FY25. During the year, the company raised Rs. 135.18 crore via a QIP at a premium of Rs. 1,035 per share and divested its subsidiary Paras Green UAV.
The 1:2 stock split will halve the share price, making it more affordable and accessible to retail investors while potentially improving trading liquidity. Shareholders will hold double the number of shares with no change in total value. The strong FY25 earnings growth and small dividend add to a positive overall picture for investors.