Paras Defence & Space Technologies has completed the divestment of its entire 58.02% equity stake in subsidiary Ayatti Innovative Private Limited for Rs 6.99 crore. The transaction was executed on March 30, 2026, resulting in Ayatti ceasing to be a subsidiary of the defence company.

Transaction Overview

The divestment involved the sale of 15,20,000 equity shares of face value Rs 10 each to Unifab Ultra Technologies LLP. The transaction was completed as per regulatory requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Impact Assessment

Ayatti Innovative's contribution to Paras Defence's consolidated financials during FY 2024-25 was minimal, representing only 0.32% of turnover. The subsidiary reported a negative net worth, making the divestment strategically beneficial.

Regulatory Compliance

The transaction complies with all regulatory requirements and does not constitute a related party transaction. The buyer, Unifab Ultra Technologies LLP, is not associated with Paras Defence's promoter group or group companies. The company has fulfilled its disclosure obligations under Regulation 30 of SEBI LODR Regulations.

Strategic Implications

This divestment represents a strategic portfolio optimization move, allowing Paras Defence to exit a loss-making subsidiary while generating Rs 6.99 crore in proceeds. The transaction enables the company to focus resources on its core defence and space technology operations while eliminating the negative impact of Ayatti's poor financial performance on consolidated results.

Paras Defence & Space Technologies Limited has announced an investor meeting with Niveshaay Investment Advisors scheduled for March 30, 2026. The company filed this intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on March 24, 2026.

Meeting Details

The one-on-one investor meeting will take place at the company's registered office located in Nerul, Navi Mumbai, commencing at 3:00 p.m. onwards. The meeting format has been structured as a direct interaction between the company's management and the institutional investor.

Regulatory Compliance

The company has explicitly stated that no unpublished price sensitive information will be shared during the investor interaction. This disclosure aligns with SEBI's regulatory framework for maintaining transparency in investor communications and preventing selective disclosure of material information.

Presentation Materials

Paras Defence and Space Technologies Limited has made the presentation materials available on its official website at www.parasdefence.com/investors , ensuring broader accessibility for stakeholders interested in the company's updates and strategic direction.

Schedule Flexibility

The company has noted that the meeting schedule remains subject to change due to potential exigencies on the part of either the organizer or the company. This standard disclaimer provides operational flexibility while maintaining transparency with stock exchanges and regulatory authorities.

The intimation was signed by Munjal Sharad Shah, Managing Director of the company, and submitted to both BSE Limited and National Stock Exchange of India Limited as per regulatory requirements.