Paras Defence and Space Technologies Limited has fixed Friday, August 28, 2026, as the record date for the payment of the final dividend on equity shares for Financial Year 2025-26. This determination establishes the eligibility criteria for shareholders to receive the recommended payout, ensuring clarity on entitlement timelines ahead of the upcoming Annual General Meeting.

The announcement was made pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Company communicated this intimation to BSE Limited and the National Stock Exchange of India Limited on August 07, 2026. The record date serves as the cutoff point for identifying beneficial owners whose names appear in the register of members or depository records as at close of business hours on that day.

Dividend Details and Timeline

The Board of Directors had earlier recommended a final dividend of ₹1 per equity share of ₹5 each for FY26. This recommendation was first disclosed in a communication dated May 13, 2026. The actual disbursement is contingent upon the approval of shareholders at the ensuing 17th Annual General Meeting.

Upon receiving shareholder approval, the Company will process the dividend payments within 30 days from the date of the AGM. Payments will be made subject to the deduction of tax at source, in compliance with applicable income tax laws. Only those members or beneficial owners holding shares as of the close of business on the record date will be eligible for this distribution.

What the Numbers Show

The declaration of a final dividend, even at a modest rate of ₹1 per share, signals management’s confidence in the company’s cash flow generation capabilities during FY26. For investors, the fixed record date provides a clear deadline for any potential share acquisitions to qualify for the payout. The adherence to the 30-day payment window post-AGM reflects standard corporate governance practices under SEBI regulations, ensuring timely liquidity returns to shareholders once the procedural approvals are complete.

Paras Defence and Space Technologies Limited Board of Directors approved the divestment of its entire 47.50% equity stake in associate Krasny Paras Defence Technologies Private Limited on August 07, 2026. The company intends to sell the 5,22,500 equity shares, each with a face value of ₹10, to Krasny Defence Technologies Limited. This strategic move aims to streamline operations as Krasny Paras contributed only ₹0.59 crore (0.12%) to the consolidated turnover in FY25-26. The transaction is expected to be completed by December 31, 2026, after which Krasny Paras will cease to be an associate.

The Board meeting also reviewed Q1FY26 results, showing a 39% year-on-year rise in consolidated net profit to ₹207.4 lakh, driven by a 37% revenue surge to ₹1,279.1 lakh. Shareholders will vote on the final dividend of ₹1 per equity share for FY26 at the Annual General Meeting scheduled for September 11, 2026. The record date for dividend payment is fixed as August 28, 2026. The results were audited by Chaturvedi & Shah LLP under SEBI Listing Regulations 30, 33, and 42.

Divestment Details

The buyer, Krasny Defence Technologies Limited, is not part of the promoter group or related parties. The consideration amount remains unfinalized pending due diligence. Paras Defence will issue further intimation upon signing the sale agreement and receipt of consideration. The net worth of Krasny Paras as of March 31, 2026, was ₹0.63 crore.

Financial Performance

Consolidated revenue from operations rose to ₹1,279.1 lakh in Q1FY26 from ₹931.9 lakh in Q1FY25. Profit before tax increased 44% to ₹280.2 lakh. Standalone revenue grew 35% to ₹1,180.8 lakh, with net profit rising 39% to ₹214.1 lakh. Earnings per share (basic) reached ₹2.63 on a consolidated basis and ₹2.66 standalone.

Strategic Outlook

The divestment reflects a focus on core high-margin segments. Optics and Optronic Systems generated ₹689.0 lakh in revenue with a segment result of ₹264.2 lakh, while Defence Engineering saw results improve to ₹122.0 lakh. The company also incorporated two new subsidiaries: Paras Semiconductors Private Limited and Paras Avionics Private Limited, signaling expansion into advanced technology verticals.