Paras Defence & Space Technologies Limited (PDSTL) is a leading Indian company engaged in designing, developing, and manufacturing specialised products and solutions for the defence and space sectors. Its expertise spans three domains—optics, heavy engineering, and electronics.
The company operates two state-of-the-art manufacturing units located in Ambernath (Thane) and Nerul (Navi Mumbai). Its clientele includes prestigious government organisations such as ISRO’s Laboratory for Electro Optics Systems (LEOS), Bharat Electronics Limited (BEL), and Instruments Research and Development Establishment (IRDE), a DRDO unit. It also supplies to private players like FFS Industries and SEC Industries.
The Board of Directors of Paras Defence is scheduled to meet on Wednesday, April 30, 2025, to deliberate on significant corporate matters. The agenda includes:
Approval of the Standalone and Consolidated Audited Financial Results for the quarter and financial year ended March 31, 2025.
A proposal to sub-divide (split) the existing equity shares of the company will be reviewed, in accordance with Section 61 of the Companies Act, 2013. This move, if approved, could enhance share liquidity and affordability.
Read More: Stock Split: Types, Advantages and Disadvantages.
The board will also consider and recommend a dividend on equity shares for FY25. This would be the first dividend announcement in the company’s history, marking a noteworthy milestone in its financial journey.
Ahead of this crucial board meeting, Paras Defence’s share price was down 3.61% as of 10:48 AM on April 25, 2025. However, on a broader timeline, the stock has gained 8% in April so far.
While no decisions have yet been confirmed, the outcomes from the board meeting could have implications for the company’s future direction:
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Published on: Apr 25, 2025, 3:10 PM IST
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