Paras Defence and Space Technologies Ltd

🚀 Paras Defence Divests Entire Stake in Subsidiary Ayatti

- Sold entire 58.02% equity stake in subsidiary Ayatti Innovative Private Limited

- Transaction involved 1,520,000 equity shares (face value ₹10 each)

- Total consideration: ₹6,99,20,000 (Six Crores Ninety Nine Lakhs Twenty Thousand)

- Buyer: Unifab Ultra Technologies LLP (not part of promoter/group companies)

- Transaction date: March 30, 2026

- In FY 2024-25, Ayatti contributed 0.32% to Paras Defence's turnover (₹1,18,01,314)

- Ayatti had negative net worth of ₹-3,37,45,744.64 (-0.55%)

- Ayatti is no longer a subsidiary following the divestment