Paras Defence and Space Technologies Ltd

Paras Defence Expands with Strategic Acquisition in Aerospace & Defence 🔧

- Paras Defence acquired 49% equity stake in Himanshi Thermal Solutions on February 19, 2026.

- Acquisition made for a cash consideration of Rs. 49,000 from DefSpace Technologies.

- Himanshi Thermal operates in aerospace and defence engineering, specializing in fabricated metal products and liquid cold plates for space applications.

- The company also provides vacuum heat treatment services.

- Himanshi Thermal reported nil turnover in FY 24-25 and a PBT of Rs. -8,88,700, with losses over the past three years.