Paras Defence: Company Secretary Jajvalya Raghavan resigns effective Feb 3, 2026

Kmp ResignedManagement Changes View source PDF Explain this filing

PARAS · price

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Price reactionminutes from the announcement price · days from the prior close

+0.0%Reaction day

₹661.00

prior close

₹656.00

announcement price

After-mkt

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Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+1.3%-1.3% vs market

Aerospace & Defense peers, median of 23sector-0.5%+0.5% vs sector

On the reaction day the stock moved 1.3 pts less than Nifty Microcap 250 and 0.5 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.

Minutes after the announcementfrom the announcement price · no benchmark

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Reaction day

+0.0+1.3-1.3-0.5+0.5

Next day

-1.1+0.3-1.4-2.5+1.5

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15d

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UpDownMarket · Nifty Microcap 250Sector · Aerospace & Defense peers, median of 23Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Paras Defence and Space Technologies informed the exchanges that Ms. Jajvalya Raghavan has resigned as Company Secretary and Compliance Officer, a Key Managerial Personnel role. Her resignation letter is dated December 5, 2025, and she will be relieved at close of business on February 3, 2026. She stated she is leaving to pursue better prospects outside the organization. The company will appoint a replacement in due course.

Likely market impact

Company Secretary exit is a routine KMP-level change, typically less material than CEO or CFO departures. Replacement to be announced soon.