Paras Defence and Space Technologies Ltd
Paras Defence Expands into Avionics with New Subsidiary 🚀
- Paras Defence incorporated a new subsidiary, Paras Avionics Private Limited, on February 20, 2026.
- The subsidiary operates in the aerospace and defence industry, focusing on avionic systems, manufacturing, testing, repair, and overhaul.
- Paras Defence holds 60% equity in the subsidiary, subscribing to 6,000 equity shares at ₹10 each, totaling an investment of ₹60,000 in cash.