Paras Defence & Space Technologies Limited (PDSTL) has taken a significant step into the drone manufacturing sector with the incorporation of a new subsidiary, Paras Heven Advanced Drones Private Limited (PHADPL). This strategic move, announced on October 16, 2025, marks PDSTL's entry into the field of logistics and cargo drones for both defense and civil markets.

Key Details of the New Subsidiary

Ownership Structure

PDSTL has taken a controlling stake in the new venture, subscribing to 5,100 shares for ₹51,000 in cash. This investment represents a 51% ownership in PHADPL, positioning PDSTL as the majority shareholder.

Business Focus

The newly formed subsidiary is set to concentrate on the development and production of logistics and cargo drones. This focus aligns with the growing demand for unmanned aerial vehicles in both the defense sector and civilian applications.

Strategic Implications

The formation of PHADPL appears to be a calculated move by Paras Defence to diversify its portfolio and tap into the expanding drone market. By leveraging its existing expertise in defense and space technologies, PDSTL aims to capitalize on the increasing adoption of drone technology in logistics and military operations.

Regulatory Compliance

The company has informed the stock exchanges about this development, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This transparency ensures that shareholders and potential investors are kept informed about significant corporate actions.

As the drone industry continues to evolve, Paras Defence's entry through PHADPL could potentially impact the landscape of logistics and defense-related drone applications in India. Stakeholders will be watching closely to see how this new venture unfolds and contributes to the parent company's growth trajectory.

Paras Defence & Space Technologies Limited (PARAS) has announced a strategic partnership with Cielo Inertial Solutions Limited (CIELO), an Israeli company, for the joint development of inertial sensors and closed loop Fiber Optic Gyroscope (FOG) solutions. This collaboration aims to enhance sales and production capabilities in India for these advanced technologies.

Partnership Details

The partnership, formalized through a Memorandum of Understanding (MoU), brings together the expertise of both companies:

• PARAS: An Indian defense and space technology company
• CIELO: An Israeli global technology expert in inertial solutions

Scope of Collaboration

The MoU outlines the following areas of cooperation:

1. Adaptation of inertial sensors and closed loop FOG-based inertial solutions for the Indian market
2. Marketing and sales of these technologies in India
3. Production of inertial sensors and related solutions within India

Technology Focus

The partnership will concentrate on developing and producing:

• Inertial Sensors
• Closed Loop Fiber Optic Gyroscopes (FOGs)
• Inertial Measurement Units (IMUs)
• GyroCompass systems
• North Finding Systems
• Inertial Navigation Systems (INS)

Potential Impact

This collaboration has the potential to:

1. Enhance India's capabilities in high-precision navigation and sensing technologies
2. Boost the domestic production of advanced defense and space-related components
3. Facilitate technology transfer and knowledge sharing between Indian and Israeli firms

The partnership between Paras Defence and Cielo Inertial Solutions represents a significant step in strengthening India's position in the defense and space technology sectors, particularly in the domain of inertial navigation systems.