635.55 -3.25(-0.51%)
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Paras Defence and Space Technologies Limited was incorporated as 'Paras Flow Form Engineering Limited' on 16 June, 2009. The Company received the Certificate for Commencement of Business on 24 July 2009. Subsequently, the name of the Company was changed to 'Paras Flowform Engineering Limited' dated 25 September 2009 issued by the RoC. Further, the name of the Company was changed to 'Paras Defence and Space Technologies Limited' upon the Conversion of the Company to a Public Limited Company and a fresh Certificate of Incorporation, dated 29 January 2016 was issued by the Registrar of Companies. Headquartered near Mumbai, with manufacturing facilities in Navi Mumbai and Ambernath, Paras specialises in high-precision products and turnkey systems for the defence and space applications. The Company's operations are organised into two main verticals: Optics and Optronic Systems and Defence Engineering (Defence Electronics, Electromagnetic Pulse (EMP) Protection Solutions and Heavy Engineering). Over the course of more than four decades, Paras has developed technologies for rockets and missiles, space research, naval platforms, armoured vehicles, electronic warfare, surveillance and electromagnetic shielding. Through its subsidiaries, Company works on drones, Radio Frequency (RF...