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Paras Defence incorporates subsidiary company
Oct-16-2025

Paras Defence and Space Technologies has incorporated a subsidiary company in the name of ‘Paras Heven Advanced Drones’ on October 15, 2025. The company has subscribed to 5,100 equity shares of Rs 10 each aggregating to Rs 51,000. With this, the company holds 51% of equity shares in the Paras Heven Advanced Drones.

The new entity will undertake the business of development and production of logistics and cargo drones for defence and civil market.

Paras Defence and Space Technologies is primarily engaged in the designing, developing, manufacturing, and testing of a variety of defence and space engineering products and solutions.

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