Paras Defence to sell 47.5% stake in Krasny Paras associate

Strategic Transactions View source PDF Explain this filing

PARAS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

-3.3%Reaction day

₹1318.00

prior close

₹1278.30

announcement price

In-mkt

timing

Nifty Microcap 250market+0.0%-3.3% vs market

Aerospace & Defense peers, median of 24sector-0.3%-3.0% vs sector

On the reaction day the stock moved 3.3 pts less than Nifty Microcap 250 and 3.0 pts less 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

Stock

+0.2

10m

+0.2

15m

-0.3

30m

-0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.3+0.0-3.3-0.3-3.0

Next day

-3.4-0.0-3.4-0.3-3.1

-2.4-0.2-2.2-0.8-1.6

-2.5+0.2-2.7-0.6-1.9

+2.2+0.3+1.8+0.5+1.7

+4.1+0.4+3.7+0.0+4.1

+15.9+0.9+15.0+0.6+15.3

15d

+9.4+1.6+7.8-0.1+9.5

+13.0+2.0+11.0-0.8+13.8

-2.4+0.6-3.0+3.3-5.7

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UpDownMarket · Nifty Microcap 250Sector · Aerospace & Defense peers, median of 24Pending

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

AI summary

Paras Defence board approved selling its entire 47.50% stake (5,22,500 shares) in associate Krasny Paras Defence Technologies to Krasny Defence Technologies. Krasny Paras contributed only Rs 0.59 Cr (0.12%) to consolidated turnover in FY26, with net worth of Rs 0.63 Cr. Deal expected by Dec 31, 2026. Consideration not yet finalized.

Likely market impact

Minimal impact on financials since the associate contributes only 0.12% of consolidated turnover. Streamlining of group structure.