We are pleased to inform that a subsidiary company of Paras Defence and Space Technologies Limited ( PARAS ) in the name of Paras Avionics Private Limited ( Subsidiary ) has been incorporated on February 20, 2026
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Paras Defence and Space Technologies has incorporated a new subsidiary called Paras Avionics Private Limited on February 20, 2026 in India. The new subsidiary will work in the aerospace and defence sector, focusing on avionic systems and solutions including manufacturing, testing, repair, and overhauling systems for defence and aerospace platforms. PARAS has invested ₹60,000 by subscribing to 6,000 equity shares of ₹10 each in cash, giving it a 60% stake in the new entity. This is a follow-up to an earlier intimation dated January 23, 2026.
This move allows Paras Defence to expand its aviation-focused business through a dedicated subsidiary, though the initial investment is small (₹60,000) suggesting the subsidiary is in early setup stage. Shareholders should watch for further capital infusion and business updates from this new entity, which could become a growth driver in the avionics segment.