Announced Fri, 27 Feb · 16:04 IST

We are pleased to inform that a subsidiary company of Paras Defence and Space Technologies Limited ( PARAS ) in the name of Paras Semiconductors Private Limited ( Subsidiary ) has been incorporated on February 27, 2026

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PARAS · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Paras Defence and Space Technologies has incorporated a new subsidiary called Paras Semiconductors Private Limited on February 27, 2026, marking its entry into the semiconductor sector. The new subsidiary will set up advanced heterogeneous packaging and 3D packaging OSAT (Outsourced Semiconductor Assembly and Testing) facilities, targeting AI, High-Performance Computing (HPC), networking, and data centre applications. PARAS has subscribed to 70,000 equity shares of ₹10 each (totalling ₹7 lakhs) in cash, giving it a 70% stake, with the remaining 30% held by another partner, indicating a joint venture-like structure. The company had earlier intimated this move on January 19, 2026, and no government or regulatory approvals were required for the incorporation.

Likely market impact

This is a strategic diversification move for Paras Defence into the high-growth semiconductor OSAT space, which is in strong demand due to AI and data centre growth. The 70% holding suggests a joint venture structure that could attract marquee interest and potentially boost long-term valuation, though the initial investment is small (₹7 lakhs) and execution risks remain.