We are pleased to inform that Paras Anti-Drone Technologies Private Limited ( Paras Anti-Drone ), a Subsidiary of Paras Defence and Space Technologies Limited ( PARAS ), has received an order from Ministry of Defence, Government of India valued at approximately Rs. 46.19 crores (incl GST) for Anti-Drone Systems such as Drone Jammers.
PARAS · price
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Paras Defence's wholly-owned subsidiary, Paras Anti-Drone Technologies, has secured an order valued at approximately Rs. 46.19 crores (including GST) from the Ministry of Defence, Government of India. The order is for Anti-Drone Systems, including Drone Jammers. This is a domestic defence order awarded to the subsidiary, reinforcing the company's positioning in the counter-drone technology space. The contract strengthens Paras Defence's order book in the growing anti-drone defence segment.
Positive for the stock — adds a meaningful domestic defence order to the order book and highlights the subsidiary's capability in a niche, high-demand anti-drone segment. May support revenue visibility, though the size is moderate relative to the parent company's overall scale.