Paras Defence and Space Technologies Ltd

Paras Defence Expands with 49% Stake in Himanshi Thermal 🚀

- Paras Defence acquires 49% equity stake in Himanshi Thermal Solutions for ₹49,000.

- Himanshi Thermal specializes in aerospace and defence engineering, including fabricated metal products and liquid cold plates for space.

- The company reported nil turnover and a loss of ₹8,88,700 (PBT) for FY 24-25, with similar results in the previous two fiscal years.

- The acquisition is a strategic move to support expansion and create mutual growth opportunities.